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    Selma, IN Retail Properties & Spaces for Sale

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    Muncie, IN Parker City, IN Albany, IN
    Downtown Selma Mixed-Use Building
    $139,900
    800 SF
    Downtown Selma Mixed-Use Building

    305 S Albany Street, Selma, IN 47383

    Turn-key salon or convert to other business use.
    • Prime business location in Downtown Selma.
    • Turn‑key ready, currently furnished as a hair salon with 3 stylist stations.
    • Includes salon equipment, tanning bed, vending machines, and decor.
    • Flexible layout with large front room and two smaller rooms that can be combined.
    • Kitchen/laundry area with refrigerator, microwave, washer & dryer included.
    Updated: Nov 14, 2025
    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 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.

    Historic Bar and Restaurant Opportunity
    $360,000
    0.70 Acres
    Historic Bar and Restaurant Opportunity

    Muncie's oldest bar with equipment, license, rental home, lot.

    1811 S Burlington Avenue, Muncie, IN 47302

    View details
    Former CVS Building For Sale
    $420,000
    7,648 SF
    Former CVS Building For Sale

    7,648 SF former CVS building ideal for retail/redevelopment.

    3310 E Jackson St, Muncie, IN

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    Flexible Retail Building with Offices
    $119,000
    0.55 Acres
    Flexible Retail Building with Offices

    Versatile retail building on commercially zoned land with office space, open work area, and durable concrete floors.

    810 Doctor M.L.K. Jr Boulevard, Muncie, IN 47303

    View details
    Remodeled Showroom with Office Space
    $549,900
    11,445 SF
    Remodeled Showroom with Office Space

    Recently remodeled showroom with offices and updated features for sale.

    2300 N Dr Martin Luther King Jr Blvd, Muncie, IN 47303

    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.

    McGalliard Road Retail Opportunity
    $450,000
    0.75 Acres
    McGalliard Road Retail Opportunity

    0.75 acre lot with billboard income and redevelopment potential.

    705 E McGalliard Road, Muncie, IN 47303

    View details
    Muncie Commercial Land For Sale
    $450,000
    2.00 Acres
    Muncie Commercial Land For Sale

    2 acre commercial land for sale in Muncie, Indiana.

    Lot 1 Etchison N Morrison Road, Muncie, IN 47304

    View details
    Muncie Commercial Land For Sale
    $200,000
    1.80 Acres
    Muncie Commercial Land For Sale

    1.8 acre commercial lot with garage near Wheeling Avenue.

    4917 N Wheeling Parcel B Avenue, Muncie, IN 47304

    View details
    Commercial Land Near Morrison Road
    $300,000
    0.95 Acres
    Commercial Land Near Morrison Road

    0.95 acre commercial land in Muncie, Indiana for sale.

    0 W Hessler Road, Muncie, IN 47304

    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)
    798 SF Lot: 0.06 Acres
    Value Estimation by Request

    306 Albany St, Selma, IN 47383

    View details
    6400 County Rd 560th E
    RETAIL STORES (PERSONAL SERVICES)
    12,000 SF Lot: 2.29 Acres
    Estimated value
    $990,000

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

    View details
    Selma, IN 47383
    RETAIL STORES (PERSONAL SERVICES)
    1,140 SF Lot: 1.23 Acres
    Value Estimation by Request

    Selma, IN 47383

    View details
    9615 Jackson St
    RETAIL STORES (PERSONAL SERVICES)
    3,916 SF Lot: 0.37 Acres
    Value Estimation by Request

    9615 Jackson St, Selma, IN 47383-9539

    View details
    3900 Whitney Rd
    RETAIL STORES (PERSONAL SERVICES)
    15,093 SF Lot: 65.66 Acres
    Value Estimation by Request

    3900 Whitney Rd, Selma, IN 47383-9727

    View details
    9901 Jackson St
    RETAIL STORES (PERSONAL SERVICES)
    3,228 SF Lot: 0.94 Acres
    Value Estimation by Request

    9901 Jackson St, Selma, IN 47383

    View details
    305 Albany St
    RETAIL STORES (PERSONAL SERVICES)
    806 SF Lot: 0.14 Acres

    305 Albany St, Selma, IN 47383

    View details
    321 Albany St
    RETAIL STORES (PERSONAL SERVICES)
    3,840 SF Lot: 0.31 Acres
    Value Estimation by Request

    321 Albany St, Selma, IN 47383

    View details
    316 Albany St
    RETAIL STORES (PERSONAL SERVICES)
    2,300 SF Lot: 0.06 Acres
    Value Estimation by Request

    316 Albany St, Selma, IN 47383

    View details

    Selma, IN Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 11 retail properties & spaces for sale in Selma, IN on our real estate platform. These investment opportunities span a total of 800 square feet of properties for sale, with an estimated market value of $139,900.

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

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    47383 $139.9K

    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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