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Salem, NY

Retail

Salem, NY Retail Properties & Spaces for Sale

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Argyle, NY Greenwich, NY Fort Ann, NY Hudson Falls, NY Hartford, NY Fort Edward, NY Granville, NY Cambridge, NY

Mixed-Use Building with Apartments

Updated: May 22

Mixed-Use Building with Apartments

198 Main Street, Salem, NY 12865

$249,777

4,520 sqft 0.15 AC lot

Mixed‑use building in Salem village with 4 apartments above 2 vacant commercial spaces
Residential rental income: $3,200/month (1x 2‑bedroom at $1,000/mo and 3x 1‑bedroom at $800/mo, $700/mo, $700/mo)
Appliances and mechanicals refreshed: refrigerators and stoves replaced within the last 1–5 years across all units
Separate electric heat in apartments; hot water tanks range from 1–5 years old; commercial spaces include a 2‑year‑old furnace
Capital improvements reported: new electric, window replacements, and roof replacements on both the main and lower sections

Mixed-Use Building with Retail

Updated: May 29

Mixed-Use Building with Retail

198 Main Street, Salem, NY 12865

$249,777

4,520 sqft 0.15 AC lot

Mixed‑use building in Salem village with 4 apartments over 2 vacant commercial retail spaces
Apartment rental income totals $3,200/month: 1 two‑bedroom at $1,000/month and three one‑bedrooms at $800/month and $700/month each
Apartment updates include refreshed appliances/mechanicals: refrigerators and stoves replaced within the last 1–5 years; hot water tanks range from 1–5 years old
Commercial space has a 2‑year‑old furnace, and apartments have separate electric heat
Capital improvements include new electric, windows, and roof replacements on both the main and lower sections

Mixed-Use Building with Vacant Retail

Mixed-Use Building with Vacant Retail

198 MAIN ST, Salem, NY 12865

Contact for pricing

4,520 sqft

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

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 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.

Mixed-Use Compound with River Frontage

Mixed-Use Compound with River Frontage

1161 State Route 313, Cambridge, NY 12816

$989,900

1,484 sqft 25.40 AC lot

Mixed-use property combining a renovated farmhouse, multiple outbuildings, a storefront, and direct river access.

Walgreens NNN Investment Opportunity

Walgreens NNN Investment Opportunity

2 N Park St, Cambridge, NY

Contact for pricing

11,984 sqft 1.00 AC lot

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

Iconic Manchester Village Commercial Property

Iconic Manchester Village Commercial Property

3568 Main St, Manchester, VT 05254

$1,500,000

0.20 AC lot

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

Single-Story Retail Space

Single-Story Retail Space

4574-2 Main Street, Manchester, VT 05255

$530,000

MU-zoned commercial unit with electric heating and ductless cooling.

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 Frontage

Commercial Land with Frontage

393 DIX Avenue, Queensbury, NY 12804

$699,000

8.12 AC lot

Mostly cleared and level commercial land with public water, zoned commercial, and Phase 1 plus a survey completed.

Commercial Land with Road Frontage

Commercial Land with Road Frontage

Fort Edward, NY 12828

$150,000

1.34 AC lot

Zoned Commercial C-1 with about 211 feet of road frontage and public water available at the road.

Commercial Development Land with Frontage

Commercial Development Land with Frontage

Fort Edward, NY 12828

$6,156,390

93.77 AC lot

Level, surveyed commercial land with substantial road frontage and immediate access to I-87.

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.

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

$105,000

Estimated value

3,680 sqft 0.76 AC lot

182 Main St

RESTAURANT

182 Main St, Salem, NY 12865

$135,000

Estimated value

2,096 sqft 0.25 AC lot

4404 State Rte 22

RESTAURANT

4404 State Rte 22, Salem, NY 12865-3429

$190,000

Estimated value

1,232 sqft 0.36 AC lot

32 Main St

RETAIL STORES (PERSONAL SERVICES)

32 Main St, Salem, NY 12865

$1,800,000

Estimated value

8,704 sqft 1.32 AC lot

3121 County Rte 30

RETAIL STORES (PERSONAL SERVICES)

3121 County Rte 30, Salem, NY 12865-4103

$90,000

Estimated value

3,008 sqft 0.18 AC lot

201 Main St

PARKING LOT

201 Main St, Salem, NY 12865

$270,000

Estimated value

0.52 AC lot

4139 State Rte 22

RESTAURANT

4139 State Rte 22, Salem, NY 12865

$190,000

Estimated value

1,468 sqft 0.28 AC lot

194 Main St

GAS STATION

194 Main St, Salem, NY 12865

$255,000

Estimated value

2,336 sqft 0.09 AC lot

212 Main St

FINANCIAL BUILDING

212 Main St, Salem, NY 12865

$295,000

Estimated value

3,192 sqft 0.51 AC lot

4189 State Rte 29

NURSERY, GREENHOUSE, FLORIST

4189 State Rte 29, Salem, NY 12865-3617

$240,000

Estimated value

784 sqft 1.45 AC lot

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

158 Main St

AUTO REPAIR, GARAGE

158 Main St, Salem, NY 12865

$205,000

Estimated value

2,010 sqft 0.85 AC lot

154 Main St

AUTO REPAIR, GARAGE

154 Main St, Salem, NY 12865

$305,000

Estimated value

2,094 sqft 0.19 AC lot

187 Main St

RETAIL STORES (PERSONAL SERVICES)

187 Main St, Salem, NY 12865

$295,000

Estimated value

1,976 sqft 0.15 AC lot

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 $499,554.

Sale prices for stores in Salem, NY average $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

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	$252.9K

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

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