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    Salem, IL Retail Space for Sale

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    Odin, IL Iuka, IL Patoka, IL
    Retail/Office Building in Salem
    $86,500
    2,700 SF
    Retail/Office Building in Salem

    207 E MAIN Street, Salem, IL 62881

    Retail/office building in Salem's business district with Main Street frontage.
    • Prime location in the heart of the Salem business district with Main Street store frontage.
    • Versatile floorplan suitable for retail or office use with a large reception/retail area.
    • Ample storage space, potentially usable as a retail warehouse.
    • Includes a conference room, work room, 3 offices, restroom, files room, and break area.
    • Private parking spaces at the rear building access, in addition to front street parking.
    Updated: Mar 11
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Retail Investment Opportunity
    $3,818,473
    Retail Investment Opportunity

    Retail property with national tenants in a dense retail corridor.

    1301-1309 W. Broadway, Centralia, IL 62801

    View details
    Versatile Commercial Building on Broadway
    $235,000
    3,538 SF
    Versatile Commercial Building on Broadway

    Two-story commercial building with high visibility and flexible use.

    329 BROADWAY Street, Mt, Vernon, IL 62864

    View details
    Commercial Building on Corner Lot
    $149,900
    2,700 SF
    Commercial Building on Corner Lot

    2700 SF commercial building with high traffic and storage.

    823 S 10TH Street, Mt, Vernon, IL 62864

    View details
    Commercial Property with High Visibility
    $79,900
    3,155 SF
    Commercial Property with High Visibility

    Two commercial units in high-traffic area, great investment opportunity.

    803 E BROADWAY Street, Centralia, IL 62801

    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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

    View details

    Salem, IL Retail Space Market Trends and Statistics

    Explore 1 retail space for sale in Salem, IL on our real estate platform. These investment opportunities span a total of 2,700 square feet of properties for sale, with an estimated market value of $86,500.

    Sale prices for retail space in Salem, IL start at $86,500, averaging $86,500, and reaching up to $86,500 — 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

    Auto shops 1
    Automotive properties 1
    Shopping centers 1
    Storefront properties 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) +3.5%
    Median Household Income $69,025
    College Educated 23.2%

    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
    62881 $86.5K

    Taxes & Financing

    Tax Rate (average for all types) 8.34%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marion County

    New Delisted

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