Retail

Selma, IN Retail Properties & Spaces for Sale

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Spa & Wellness Property with Salon Fixtures
Updated: Nov 14, 2025
Spa & Wellness Property with Salon Fixtures

305 S Albany Street, Selma, IN 47383

$139,900
0.18 AC lot
Furnished hair salon with 3 stylist stations
Primary salon and waiting room measures 25' x 16'
Two additional rooms measure 9' x 6' each
Tanning bed, retail showcase, vending machines, chairs, mats, and décor included
Kitchen/laundry area includes refrigerator, microwave, washer, and dryer
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Furnished Storefront with Salon Fixtures
Updated: Aug 11, 2025
Furnished Storefront with Salon Fixtures

305 South Albany Street, Selma, IN 47383

$149,900
7,841 sqft
Downtown Selma storefront at 305 South Albany Street
Front room measures 25' x 16' with two additional 9' x 6' rooms
Sale includes three stylist chairs and mats, retail showcase, tanning bed, vending machines, and décor
Kitchen and laundry area includes refrigerator, microwave, washer & dryer
Central air and gas forced‑air heating
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 2 Active listings in Selma, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 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.

Corner-Lot Spa & Wellness Property
Corner-Lot Spa & Wellness Property

149 E Howard St, Parker City, IN 47368

$36,000
336 sqft

Salon configured for hair and nail services includes a half bathroom and off-street client parking.

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Fuel Station with Residential Building
Fuel Station with Residential Building

3401 E Memorial Dr, Muncie, IN 47302

Contact for pricing
1,296 sqft

Existing fuel station includes new tanks and lines installed in 2023, plus a two-story residential home on-site.

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Turn-Key Car Wash For Sale
Turn-Key Car Wash For Sale

415 E Jackson St, Parker City, IN 47368

Contact for pricing
1,708 sqft

Operating car wash with manual bays and vending machines.

View details
Shopping Center with Expansion Area
Shopping Center with Expansion Area

6445 E. Jackson, Muncie, IN 47383

Contact for pricing

The center has deferred maintenance and can support a single-tenant or business repurposing plan.

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 with Billboard
Commercial Land with Billboard

705 E McGalliard Road, Muncie, IN 47303

$450,000
0.75 AC lot

McGalliard Road frontage combines vacant commercial lots with two rear residential rental properties.

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Muncie Commercial Land For Sale
Muncie Commercial Land For Sale

N Morrison Road lot: 1 Etchison, Muncie, IN 47304

$450,000
2.00 AC lot

2 acre commercial land for sale in Muncie, Indiana.

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Commercial Land in Muncie, IN
Commercial Land in Muncie, IN

Hessler Road, Muncie, IN 47304

$300,000
0.97 AC lot

0.97 acre commercial land with variety business zoning.

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Business-Zoned Commercial Land
Business-Zoned Commercial Land

N Morrison Road, Muncie, IN 47304

$375,000
3.68 AC lot

Two adjacent development parcels offer flexible commercial land use near retail, medical, and hotel properties.

View details

Off-Market Properties in Selma, IN

Consider similar Off-Market properties in Selma, 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.

306 Albany St
RETAIL STORES (PERSONAL SERVICES)

306 Albany St, Selma, IN 47383

$235,000
Estimated value
798 sqft 0.06 AC lot
View details
6400 County Rd 560th E
RETAIL STORES (PERSONAL SERVICES)

6400 County Rd 560th E, Selma, IN 47383-9205

$990,000
Estimated value
12,000 sqft 2.29 AC lot
View details
Selma, IN 47383
RETAIL STORES (PERSONAL SERVICES)

Selma, IN 47383

$95,000
Estimated value
1,140 sqft 1.23 AC lot
View details
9615 Jackson St
RETAIL STORES (PERSONAL SERVICES)

9615 Jackson St, Selma, IN 47383-9539

$275,000
Estimated value
3,916 sqft 0.37 AC lot
View details
3011 Whitney Rd
Land

3011 Whitney Rd, Selma, IN 47383

Value Estimation by Request
View details
3900 Whitney Rd
RETAIL STORES (PERSONAL SERVICES)

3900 Whitney Rd, Selma, IN 47383-9727

$415,000
Estimated value
15,093 sqft 65.66 AC lot
View details
9901 Jackson St
RETAIL STORES (PERSONAL SERVICES)

9901 Jackson St, Selma, IN 47383

$245,000
Estimated value
3,228 sqft 0.94 AC lot
View details
305 Albany St
RETAIL STORES (PERSONAL SERVICES)

305 Albany St, Selma, IN 47383

$235,000
Estimated value
806 sqft 0.14 AC lot
View details
321 Albany St
RETAIL STORES (PERSONAL SERVICES)

321 Albany St, Selma, IN 47383

$235,000
Estimated value
3,840 sqft 0.31 AC lot
View details
316 Albany St
RETAIL STORES (PERSONAL SERVICES)

316 Albany St, Selma, IN 47383

$395,000
Estimated value
2,300 sqft 0.06 AC lot
View details

Selma, IN Retail Properties & Spaces Market Trends and Statistics

Explore 12 retail properties & spaces for sale in Selma, IN on our real estate platform. These investment opportunities span a total of 7,841 square feet of properties for sale, with an estimated market value of $289,800.

Sale prices for stores in Selma, IN start at $139,900, averaging $144,900, and reaching up to $149,900 — 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

Commercial property segments ranked by active listings on the market

Storefront properties 2

Demographics Overview

Population 2,564
Population Growth (5Y) -17.2%
Median Household Income $59,700
College Educated 30.7%

Taxes & Financing

Tax Rate (average for all types) 1.13%
Property Tax per SF $42.07 per SF
Tax Rate vs County Average 1.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Delaware County

New Delisted

Total CRE Inventory on Market (SF)

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