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    Salem, IL Retail Properties & Spaces for Sale

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    Odin, IL Centralia, IL Vernon, IL
    Fully Occupied Salem Retail Center
    $4,242,500
    27,500 SF

    Fully Occupied Salem Retail Center

    103 Baldridge Ln, Salem, IL 62881

    27,500 SF retail center in Salem, Illinois.

    • 100% Occupancy Rate with Triple‑Net Leases
    • Anchored by Dollar Tree with a Diverse Tenant Mix
    • Shadow‑Anchored by Walmart Supercenter
    • High Traffic Location: Over 15,645 Vehicles Per Day
    • Located off Highway 50 (West Main Street) near Interstate 57
    Updated: Apr 3
    View details
    Retail/Office Building in Salem
    $86,500
    2,700 SF

    Retail/Office Building in Salem

    207 E MAIN Street, Salem, IL 62881

    Retail/office building in Salem's business district with Main Street frontage.

    • Prime location in the heart of the Salem business district with Main Street store frontage.
    • Versatile floorplan suitable for retail or office use with a large reception/retail area.
    • Ample storage space, potentially usable as a retail warehouse.
    • Includes a conference room, work room, 3 offices, restroom, files room, and break area.
    • Private parking spaces at the rear building access, in addition to front street parking.
    Updated: Mar 11
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    KFC Restaurant Investment Opportunity
    $2,003,774
    4,783 SF

    KFC Restaurant Investment Opportunity

    NNN leased KFC in Salem, IL with annual rent increases.

    101 Baldridge Ln, Salem, IL
    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 Active listings in Salem, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Investment Opportunity
    $3,818,473

    Retail Investment Opportunity

    Retail property with national tenants in a dense retail corridor.

    1301-1309 W. Broadway, Centralia, IL 62801
    View details
    Retail Property in Mount Vernon
    $808,000
    1.65 Acres

    Retail Property in Mount Vernon

    Retail property available for sale in Mount Vernon, Illinois.

    3300 Broadway St, Mount Vernon, IL
    View details
    Established Restaurant Opportunity
    $2,263,500
    2,070 SF

    Established Restaurant Opportunity

    Restaurant property with strong sales and sub-5% rent-to-sales ratio.

    1077 W Broadway, Centralia, IL
    View details
    Former QSR with Drive-Thru
    $485,000
    3,376 SF

    Former QSR with Drive-Thru

    Free-standing restaurant with drive-thru and kitchen infrastructure included.

    1600 Broadway St, Mount Vernon, IL
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    High-Visibility Commercial Lot in Centralia
    $31,000

    High-Visibility Commercial Lot in Centralia

    Strategic commercial lot with high-traffic visibility in Centralia, Illinois.

    242 Watson Lane, Centralia, IL 62801
    View details
    2.61-Acre Commercial Parcel For Sale
    $530,000
    2.61 Acres

    2.61-Acre Commercial Parcel For Sale

    2.61-acre commercial parcel in B-3 district with high traffic.

    200 North Brooks Avenue, Centralia, IL 62801
    View details
    Commercial Lot in Residential Area
    Contact for pricing
    13,068 SF

    Commercial Lot in Residential Area

    0.3-acre commercial lot suitable for various uses.

    1520 South Mill Street, Nashville, IL 62263
    View details
    Commercial Corner Lot in New Baden
    $80,000

    Commercial Corner Lot in New Baden

    Commercial corner lot in a growing town near I-64.

    91 Weatherholt Drive, New Baden, IL 62265
    View details

    Off-Market Properties in Salem, IL

    Consider similar Off-Market properties in Salem, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    612 Main St

    612 Main St

    Neighborhood centers • 7,000 SF
    Value Estimation by Request
    612 Main St, Salem, IL 62881
    View details
    103 Baldridge Ln

    103 Baldridge Ln

    Lifestyle centers • 27,500 SF
    Value Estimation by Request
    103 Baldridge Ln, Salem, IL 62881
    View details
    121-123 Main St

    121-123 Main St

    Retail properties & Spaces
    Value Estimation by Request
    121-123 Main St, Salem, IL 62881
    View details

    Salem, IL Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 6 retail properties & spaces for sale in Salem, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 34,983 square feet of properties for sale, with an estimated market value of $6,332,774.

    Sale prices for stores in Salem, IL start at $86,500, averaging $2,110,924, and reaching up to $4,242,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Shopping centers 1
    Storefront properties 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) +3.5%
    Median Household Income $69,025
    College Educated 23.2%

    High-Yield Neighborhoods for Strategic Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    62881 $2.9M

    Taxes & Financing

    Tax Rate (average for all types) 8.34%
    Average Loan-to-Value 65.0%

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