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    Salem, IN Retail Properties & Spaces for Sale

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    9 results
    Downtown Salem Commercial Building For Sale
    $299,000
    0.08 Acres

    Downtown Salem Commercial Building For Sale

    18 Public Sq, Salem, IN

    Well-maintained commercial building with storefronts, office space, and parking.

    • Prime Downtown Salem location on Public Square.
    • Rare private parking in the downtown area.
    • Two separate storefronts with excellent visibility and high foot traffic.
    • Upstairs space suitable for office, studio, or residential use.
    • Income potential for investors or owner‑occupants.
    Updated: Nov 20, 2025
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    Commercial Building with Parking Space
    $199,900
    0.61 Acres

    Commercial Building with Parking Space

    300 W Mulberry Street, Salem, IN 47167

    Versatile commercial building suitable for various business ventures.

    • Large commercial building with ample parking.
    • Versatile space previously used as a church, grocery store, and theater.
    • Potential for conversion into two apartments (work already started).
    • Features two full restrooms with two stalls each.
    • Former large kitchen space suitable for a restaurant.
    Updated: Aug 3, 2023
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    Prime Commercial Space Available
    $120,000
    2,138 SF

    Prime Commercial Space Available

    Commercial space for sale or lease with high visibility.

    1408 W Mulberry Street, Salem, IN 47167
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    Established Restaurant and Retail Business
    $550,000

    Established Restaurant and Retail Business

    Award-winning business opportunity with real estate and all assets.

    800 N Main Street, Salem, IN 47167
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    Versatile Office Space For Sale
    $249,900

    Versatile Office Space For Sale

    Multi-use office space, formerly a bank, with recent upgrades.

    1358 S Jackson Street, Salem, IN 47167
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    Historic Building on Public Square
    $352,000
    10,080 SF

    Historic Building on Public Square

    Three-story building on Salem's historic downtown courthouse square.

    48 Public Square, Salem, IN 47167
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    Versatile Commercial Property with Acreage
    $199,900
    4,000 SF

    Versatile Commercial Property with Acreage

    Large commercial property with multiple buildings and ample parking.

    206 W Walnut Street, Salem, IN 47167
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    Commercial Building with Parking
    $199,000
    10,246 SF

    Commercial Building with Parking

    Versatile commercial building with parking, suitable for various businesses.

    300 W Mulberry Street, Salem, IN 47167
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    Land Parcels Available For Sale
    $650,000

    Land Parcels Available For Sale

    Three land parcels available for sale.

    Coral St, Salem, IN 47167
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    Based on your search, we've compiled 161 Potential Opportunities for your consideration. Besides 9 Active listings in Salem, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 144 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Historic Barber Shop on Main
    $49,900

    Historic Barber Shop on Main

    1926 barber shop with commercial potential on Main Street.

    107 Main Street, Borden, IN 47106
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    Commercial Building on Hwy 60
    $75,000

    Commercial Building on Hwy 60

    Commercial building with potential for various business uses.

    1568 W Water Street, Borden, IN 47106
    View details
    Commercial Corner Lot on Highway
    $74,900

    Commercial Corner Lot on Highway

    Commercial corner lot with high visibility and road frontage.

    201 W Shorts Corner Road, Pekin, IN 47165
    View details
    Gas Station and Convenience Store
    $200,000

    Gas Station and Convenience Store

    Gas station and convenience store for sale on State Highway.

    545 E State Road 60, Pekin, IN 47165
    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.

    Commercial Land on State Road
    $190,000

    Commercial Land on State Road

    3.18 acre commercial site with high traffic frontage.

    W Mulberry Street, Salem, IN 47167
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    Prime Commercial Land in Salem
    $750,000

    Prime Commercial Land in Salem

    0.71 acre B-2 zoned land with high visibility.

    401 N Main Street, Salem, IN 47167
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    Vacant Land on Highway 60
    $150,000

    Vacant Land on Highway 60

    Vacant land with commercial potential on a main corridor.

    507 S Jackson Street, Salem, IN 47167
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    Prime Commercial Land Available
    $850,000

    Prime Commercial Land Available

    14.51 acres with B-2 zoning in a prime location.

    1036 N Jim Day Road, Salem, IN 47167
    View details

    Explore Off-Market Properties in Salem, IN

    Consider similar Off-Market properties in Salem, IN. 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.

    200 Jackson St

    200 Jackson St

    CAR WASH • 2,548 SF
    Value Estimation by Request
    200 Jackson St, Salem, IN 47167-1034
    View details
    1110 Mulberry St

    1110 Mulberry St

    GROCERY, SUPERMARKET • 13,790 SF
    Value Estimation
    $570,000
    1110 Mulberry St, Salem, IN 47167-1500
    View details
    103 Walnut St

    103 Walnut St

    RETAIL STORES (PERSONAL SERVICES) • 1,108 SF
    Value Estimation by Request
    103 Walnut St, Salem, IN 47167-2044
    View details
    209 Main St

    209 Main St

    RESTAURANT • 8,000 SF
    Value Estimation by Request
    209 Main St, Salem, IN 47167-1319
    View details
    Ss Poplar St

    Ss Poplar St

    AUTO REPAIR, GARAGE • 768 SF
    Value Estimation by Request
    Ss Poplar St, Salem, IN 47167
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    300 Water St

    300 Water St

    FINANCIAL BUILDING • 9,320 SF
    Value Estimation by Request
    300 Water St, Salem, IN 47167-1708
    View details
    909 Mulberry St

    909 Mulberry St

    RETAIL STORES (PERSONAL SERVICES) • 1,377 SF
    Value Estimation by Request
    909 Mulberry St, Salem, IN 47167-1525
    View details
    1305 Mulberry St

    1305 Mulberry St

    RETAIL STORES (PERSONAL SERVICES) • 6,283 SF
    Value Estimation by Request
    1305 Mulberry St, Salem, IN 47167-9433
    View details
    20 Public Sq

    20 Public Sq

    RESTAURANT • 4,864 SF
    Value Estimation by Request
    20 Public Sq, Salem, IN 47167-2052
    View details
    307 Water St

    307 Water St

    PARKING LOT • 0.13 Acres
    Value Estimation by Request
    307 Water St, Salem, IN 47167
    View details
    1106 Mulberry St

    1106 Mulberry St

    RETAIL STORES (PERSONAL SERVICES) • 7,435 SF
    Value Estimation
    $555,000
    1106 Mulberry St, Salem, IN 47167-1530
    View details
    504 Main St

    504 Main St

    RESTAURANT • 1,944 SF
    Value Estimation by Request
    504 Main St, Salem, IN 47167-1128
    View details
    1201 Mulberry St

    1201 Mulberry St

    RETAIL STORES (PERSONAL SERVICES) • 4,956 SF
    Value Estimation by Request
    1201 Mulberry St, Salem, IN 47167-9448
    View details
    1408 Mulberry St

    1408 Mulberry St

    RETAIL STORES (PERSONAL SERVICES) • 1,280 SF
    Value Estimation by Request
    1408 Mulberry St, Salem, IN 47167-9434
    View details
    308 Main St

    308 Main St

    RETAIL STORES (PERSONAL SERVICES) • 8,968 SF
    Value Estimation
    $850,000
    308 Main St, Salem, IN 47167-1322
    View details

    Salem, IN Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 153 retail properties & spaces for sale in Salem, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 26,464 square feet of properties for sale, with an estimated market value of $870,900.

    Sale prices for stores in Salem, IN start at $120,000, averaging $217,725, and reaching up to $352,000 — 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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