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Salem, NY Retail Properties & Spaces for Sale

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Argyle, NY Granville, NY Greenwich, NY
Mixed-Use Building in Salem Village
Updated: May 22
Mixed-Use Building in Salem Village

198 Main Street, Salem, NY 12865

$249,777
4,520 sqft · 0.15 AC lot
Mixed‑use building in Salem village: 4 apartments above 2 vacant commercial spaces
Residential rental income: $3,200/month; 1×2BR ($1,000/mo) and 3×1BR ($800/mo and $700/mo each)
Refreshed in‑unit appliances: refrigerators and stoves replaced within the last 1–5 years across all units
Hot water tanks in range of 1–5 years old; separate electric heat for the apartments
Commercial spaces have a 2‑year‑old furnace; building capital improvements include new electric, windows, and roof replacements
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Mixed-Use Building in Salem Village
Updated: May 29
Mixed-Use Building in Salem Village

198 Main Street, Salem, NY 12865

$249,777
4,520 sqft · 0.15 AC lot
Mixed‑use building with 4 apartments (one 2‑bedroom, three 1‑bedroom) above two vacant commercial spaces
Residential rental income of $3,200/month: $1,000 for the 2‑bedroom, $800 for the main floor 1‑bedroom, and $700/month for each of the two third‑floor 1‑bedrooms
Updated/refreshes reported: refrigerators and stoves replaced within the last 1–5 years across all units; hot water tanks 1–5 years old
Commercial spaces include a furnace reported as 2 years old; separate electric heat for the apartments
Capital improvements reported including new electric, new windows, and roof replacements on both the main and lower sections
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Mixed-Use Building with Vacant Retail
Mixed-Use Building with Vacant Retail

198 MAIN ST, Salem, NY 12865

$249,777
4,520 sqft

Four apartments above two vacant retail spaces offer a flexible live-work or income-producing setup on one property.

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Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 3 Active listings in Salem, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 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.

Iconic Commercial Property in Manchester
Iconic Commercial Property in Manchester

3568 Main St, Manchester, VT 5254

$1,500,000
0.20 AC lot

Four-story mixed-use property in the heart of Manchester Village.

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Iconic Manchester Village Commercial Property
Iconic Manchester Village Commercial Property

3568 Main St, Manchester, VT 5254

$1,500,000
0.20 AC lot

Four-story commercial property in the heart of Manchester Village.

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Walgreens NNN Investment Opportunity
Walgreens NNN Investment Opportunity

2 N Park St, Cambridge, NY

$2,924,000
11,984 sqft · 1.00 AC lot

NNN Walgreens in Cambridge, NY with over 14 years remaining.

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Mixed-Use Building with Retail and Apartments
Mixed-Use Building with Retail and Apartments

17-23 E Main St., Cambridge, NY 12816

$299,000
0.16 AC lot

A mixed-use property with fully rented ground-floor businesses and two-bedroom apartments above.

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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.

Queensbury Commercial Land For Sale
Queensbury Commercial Land For Sale

393 DIX Avenue, Queensbury, NY 12804

$699,000
8.12 AC lot

8.12 acre commercial land with high traffic count.

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Commercial Land in Moreau, NY
Commercial Land in Moreau, NY

Fort Edward, NY 12828

$150,000
1.34 AC lot

Affordable commercial land with road frontage and public water.

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93+ Acres Prime Development Land
93+ Acres Prime Development Land

Fort Edward, NY 12828

$6,156,390
93.77 AC lot

Expansive commercial land for mixed-use development near I-87.

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Prime Commercial Land on Route 9
Prime Commercial Land on Route 9

Fort Edward, NY 12828

$4,454,775
59.40 AC lot

59+ acre commercial land parcel on heavily traveled Route 9.

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Off-Market Properties in Salem, NY

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

232 Main St
SERVICE STATION WITH FOOD MART

232 Main St, Salem, NY 12865

Value Estimation by Request
3,680 sqft · 0.76 AC lot
View details
182 Main St
RESTAURANT

182 Main St, Salem, NY 12865

Value Estimation by Request
2,096 sqft · 0.25 AC lot
View details
4404 State Rte 22
RESTAURANT

4404 State Rte 22, Salem, NY 12865-3429

Value Estimation by Request
1,232 sqft · 0.36 AC lot
View details
32 Main St
RETAIL STORES (PERSONAL SERVICES)

32 Main St, Salem, NY 12865

$1,645,000
Estimated value
8,704 sqft · 1.32 AC lot
View details
3121 County Rte 30
RETAIL STORES (PERSONAL SERVICES)

3121 County Rte 30, Salem, NY 12865-4103

Value Estimation by Request
3,008 sqft · 0.18 AC lot
View details
201 Main St
PARKING LOT

201 Main St, Salem, NY 12865

Value Estimation by Request
0.52 AC lot
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4139 State Rte 22
RESTAURANT

4139 State Rte 22, Salem, NY 12865

Value Estimation by Request
1,468 sqft · 0.28 AC lot
View details
194 Main St
GAS STATION

194 Main St, Salem, NY 12865

Value Estimation by Request
2,336 sqft · 0.09 AC lot
View details
212 Main St
FINANCIAL BUILDING

212 Main St, Salem, NY 12865

Value Estimation by Request
3,192 sqft · 0.51 AC lot
View details
4189 State Rte 29
NURSERY, GREENHOUSE, FLORIST

4189 State Rte 29, Salem, NY 12865-3617

Value Estimation by Request
784 sqft · 1.45 AC lot
View details
5109 State Rte 22
VEHICLE SALES, RENTALS

5109 State Rte 22, Salem, NY 12865-2203

$1,000,000
Estimated value
30,620 sqft · 11.50 AC lot
View details
158 Main St
AUTO REPAIR, GARAGE

158 Main St, Salem, NY 12865

Value Estimation by Request
2,010 sqft · 0.85 AC lot
View details
154 Main St
AUTO REPAIR, GARAGE

154 Main St, Salem, NY 12865

Value Estimation by Request
2,094 sqft · 0.19 AC lot
View details
187 Main St
RETAIL STORES (PERSONAL SERVICES)

187 Main St, Salem, NY 12865

Value Estimation by Request
1,976 sqft · 0.15 AC lot
View details

Salem, NY Retail Properties & Spaces Market Trends and Statistics

Explore 17 retail properties & spaces for sale in Salem, NY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,560 square feet of properties for sale, with an estimated market value of $749,331.

Sale prices for stores in Salem, NY start at $249,777, averaging $249,777, and reaching up to $249,777 — 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 1

Demographics Overview

Population 3,353
Population Growth (5Y) -9.1%
Median Household Income $70,868
College Educated 41.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
12865 $249.8K

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

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