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    Salem, IN
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    Salem, IN Retail Space for Sale

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    Pekin, IN Borden, IN Scottsburg, IN
    Prime Commercial Space Available
    $120,000
    2,138 SF
    Prime Commercial Space Available

    1408 W Mulberry Street, Salem, IN 47167

    Commercial space for sale or lease with high visibility.
    • Prime commercial space for sale or lease.
    • Located on a high traffic road with high visibility.
    • Two front entrances.
    • Large glass storefront.
    • Suitable for various businesses (barbershop/salon, tattoo shop, thrift store, vape shop).
    Updated: Sep 29, 2024
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    Versatile Commercial Property with Acreage
    $199,900
    4,000 SF
    Versatile Commercial Property with Acreage

    206 W Walnut Street, Salem, IN 47167

    Large commercial property with multiple buildings and ample parking.
    • Large commercial property with 4,000 sq. ft of open space on .86 acres.
    • Located on 2 separate parcels bordering 2 main roads.
    • Includes 3 additional buildings: open‑sided 24 x 60 x 14, 26 x 50 with garage door, and storage building with 3 sliding doors and 4 open bays.
    • 35+- parking spots available.
    • Recent upgrades include: new AC units and furnaces (2017), water heater, flooring, partially new roof, and fresh paint (2023).
    Updated: Jun 4, 2023
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    Based on your search, we've compiled 56 Potential Opportunities for your consideration. Besides 2 Active listings in Salem, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 49 Off-Market properties to explore as potential leads, 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.

    Commercial Building in Borden's Scenic Valley
    $109,900
    2,500 SF
    Commercial Building in Borden's Scenic Valley

    Remodeled commercial building with office, storage, and highway frontage.

    227 Water Street, Borden, IN 47106

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    Commercial Building on Hwy 60
    $75,000
    Commercial Building on Hwy 60

    Commercial building with potential for various business uses.

    1568 W Water Street, Borden, IN 47106

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    Retail Space Near Highway 60
    $89,950
    3,000 SF
    Retail Space Near Highway 60

    Retail space with storage, ideal for starting a business.

    5615 E State Road 60, Pekin, IN 47165

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    Commercial Corner Location For Sale
    $49,900
    Commercial Corner Location For Sale

    Commercial corner lot suitable for retail or restaurant development.

    273 S First Street, Pekin, IN 47165

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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.

    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

    Off-Market Properties in Salem, IN

    Consider similar Off-Market properties in Salem, 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.

    103 Walnut St
    RETAIL STORES (PERSONAL SERVICES)
    1,108 SF Lot: 0.03 Acres
    Value Estimation by Request

    103 Walnut St, Salem, IN 47167-2044

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    909 Mulberry St
    RETAIL STORES (PERSONAL SERVICES)
    1,377 SF Lot: 0.19 Acres
    Value Estimation by Request

    909 Mulberry St, Salem, IN 47167-1525

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    1305 Mulberry St
    RETAIL STORES (PERSONAL SERVICES)
    6,283 SF Lot: 0.42 Acres
    Value Estimation by Request

    1305 Mulberry St, Salem, IN 47167-9433

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    1106 Mulberry St
    RETAIL STORES (PERSONAL SERVICES)
    7,435 SF Lot: 1.23 Acres
    Estimated value
    $555,000

    1106 Mulberry St, Salem, IN 47167-1530

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    1201 Mulberry St
    RETAIL STORES (PERSONAL SERVICES)
    4,956 SF Lot: 0.68 Acres
    Value Estimation by Request

    1201 Mulberry St, Salem, IN 47167-9448

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    1408 Mulberry St
    RETAIL STORES (PERSONAL SERVICES)
    1,280 SF Lot: 0.20 Acres

    1408 Mulberry St, Salem, IN 47167-9434

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    308 Main St
    RETAIL STORES (PERSONAL SERVICES)
    8,968 SF Lot: 0.42 Acres
    Estimated value
    $850,000

    308 Main St, Salem, IN 47167-1322

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    108 Water St
    RETAIL STORES (PERSONAL SERVICES)
    1,344 SF Lot: 0.10 Acres
    Value Estimation by Request

    108 Water St, Salem, IN 47167-1738

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    106 Water St
    RETAIL STORES (PERSONAL SERVICES)
    2,730 SF Lot: 0.14 Acres
    Value Estimation by Request

    106 Water St, Salem, IN 47167-1738

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    201 Main St
    RETAIL STORES (PERSONAL SERVICES)
    4,610 SF Lot: 0.12 Acres
    Value Estimation by Request

    201 Main St, Salem, IN 47167-1319

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    215 Main St
    RETAIL STORES (PERSONAL SERVICES)
    1,150 SF Lot: 0.02 Acres
    Value Estimation by Request

    215 Main St, Salem, IN 47167-1319

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    4971 State Rd 56
    RETAIL STORES (PERSONAL SERVICES)
    10,880 SF Lot: 2.32 Acres
    Estimated value
    $1,125,000

    4971 State Rd 56, Salem, IN 47167-7401

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    301 Mulberry St
    RETAIL STORES (PERSONAL SERVICES)
    10,295 SF Lot: 0.31 Acres
    Value Estimation by Request

    301 Mulberry St, Salem, IN 47167-1743

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    Ss Sd S Jackson St
    RETAIL STORES (PERSONAL SERVICES)
    2,205 SF Lot: 1.82 Acres
    Value Estimation by Request

    Ss Sd S Jackson St, Salem, IN 47167

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    201 Arthur St
    RETAIL STORES (PERSONAL SERVICES)
    4,145 SF Lot: 0.29 Acres
    Value Estimation by Request

    201 Arthur St, Salem, IN 47167-1003

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    1318 Jackson St
    RETAIL STORES (PERSONAL SERVICES)
    5,700 SF Lot: 0.37 Acres
    Value Estimation by Request

    1318 Jackson St, Salem, IN 47167-9167

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    1422 Mulberry St
    RETAIL STORES (PERSONAL SERVICES)
    2,128 SF Lot: 0.43 Acres
    Value Estimation by Request

    1422 Mulberry St, Salem, IN 47167-9451

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    1312 Mulberry St
    RETAIL STORES (PERSONAL SERVICES)
    28,840 SF Lot: 4.65 Acres
    Estimated value
    $1,145,000

    1312 Mulberry St, Salem, IN 47167-9433

    View details
    1206 Market St, Unit 100
    RETAIL STORES (PERSONAL SERVICES)
    725 SF Lot: 1.17 Acres
    Value Estimation by Request
    Unit 100

    1206 Market St, Salem, IN 47167-1444

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    401 Water St
    RETAIL STORES (PERSONAL SERVICES)
    4,592 SF Lot: 0.37 Acres
    Value Estimation by Request

    401 Water St, Salem, IN 47167-1709

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    1212 Jackson St
    RETAIL STORES (PERSONAL SERVICES)
    3,460 SF Lot: 0.29 Acres
    Value Estimation by Request

    1212 Jackson St, Salem, IN 47167-9792

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    1100 Mulberry St
    RETAIL STORES (PERSONAL SERVICES)
    9,301 SF Lot: 0.94 Acres
    Estimated value
    $1,070,000

    1100 Mulberry St, Salem, IN 47167-1530

    View details

    Salem, IN Retail Space Investment Opportunities Market Analysis

    Explore 51 retail space for sale in Salem, IN on our real estate platform. These investment opportunities span a total of 6,138 square feet of properties for sale, with an estimated market value of $319,900.

    Sale prices for retail space in Salem, IN start at $120,000, averaging $159,950, and reaching up to $199,900 — 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

    Storefront properties 4
    Grocery and convenience stores 2
    Banks 1

    Demographics Overview

    Population 16K
    Population Growth (5Y) +6.2%
    Median Household Income $57,697
    College Educated 18.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    47167 $160K

    Taxes & Financing

    Tax Rate (average for all types) 2.65%
    Property Tax per SF $46.11 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

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