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    Salem, IN
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    Salem, IN Specialty Properties for Sale

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    Pekin, IN Borden, IN Scottsburg, IN
    Spacious Commercial Building with Parking
    $199,900
    10,246 SF
    Spacious Commercial Building with Parking

    300 W Mulberry Street, Salem, IN 47167

    Large commercial building suitable for various business ventures.
    • Massive commercial building with ample parking space.
    • Versatile building previously used as a church, grocery store, and theater.
    • Potential for conversion into two apartments (work already started).
    • Concrete slab foundation.
    • Features two full restrooms with two stalls each.
    Updated: May 20
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    Commercial Building with Parking Space
    $199,900
    0.61 Acres
    Commercial Building with Parking Space

    300 W Mulberry Street, Salem, IN 47167

    Versatile commercial building suitable for various business ventures.
    • Large commercial building with ample parking.
    • Versatile space previously used as a church, grocery store, and theater.
    • Potential for conversion into two apartments (work already started).
    • Features two full restrooms with two stalls each.
    • Former large kitchen space suitable for a restaurant.
    Updated: Aug 3, 2023
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    Versatile Commercial Property with Acreage
    $199,900
    4,000 SF
    Versatile Commercial Property with Acreage

    Large commercial property with multiple buildings and ample parking.

    206 W Walnut Street, Salem, IN 47167

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    Commercial Building with Parking
    $199,000
    10,246 SF
    Commercial Building with Parking

    Versatile commercial building with parking, suitable for various businesses.

    300 W Mulberry Street, Salem, IN 47167

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    Regional Event Facility For Sale
    $1,200,000
    Regional Event Facility For Sale

    First-class event facility with excellent commercial kitchen and ample parking.

    1500 E Rc Morris Drive, Salem, IN 47167

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    Based on your search, we've compiled 46 Potential Opportunities for your consideration. Besides 5 Active listings in Salem, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 33 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.

    Multi-Use Building with Home Options
    $195,000
    2,900 SF
    Multi-Use Building with Home Options

    Versatile 2900+ sq ft building suitable for various purposes.

    1431 Highway 60, Borden, IN 47106

    View details
    Spacious Church/Recovery Center Opportunity
    $249,900
    7,000 SF
    Spacious Church/Recovery Center Opportunity

    Large commercial building suitable for church, recovery center, or business.

    308 S Oak Street, Paoli, IN 47454

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    Paoli Business Opportunity For Sale
    $115,000
    Paoli Business Opportunity For Sale

    Established business in Paoli with room for expansion.

    288 NW Court Street, Paoli, IN 47454

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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

    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.

    Land with Commercial and Residential Zoning
    $207,000
    135,036 SF
    Land with Commercial and Residential Zoning

    3.21+/- acres with utilities, buildings, and mixed zoning.

    87 Big Indian Road Northeast, Corydon, IN 47112

    View details
    Ohio River Frontage Land
    $360,000
    2.64 Acres
    Ohio River Frontage Land

    Riverfront land with development potential in Jeffersonville, Indiana.

    L213-220 Upper River Road, Jeffersonville, IN 47130

    View details
    Unrestricted Acreage in Oldham County
    $3,504,000
    61.40 Acres
    Unrestricted Acreage in Oldham County

    61.4 acres near Louisville with creek frontage.

    Tract 6296 Sunset Cir, Crestwood, KY 40014

    View details
    Bloomington Commercial Land Opportunity
    $285,000
    6.34 Acres
    Bloomington Commercial Land Opportunity

    6.34 acres of commercial land zoned for various uses.

    S Rockport Road, Bloomington, IN 47403

    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.

    106 Shelby St
    FUNERAL HOME
    6,634 SF Lot: 0.50 Acres
    Value Estimation by Request

    106 Shelby St, Salem, IN 47167-1418

    View details
    103 Elizabeth St
    CHARITABLE ORGANIZATION
    888 SF Lot: 0.17 Acres
    Value Estimation by Request

    103 Elizabeth St, Salem, IN 47167-2109

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    Of Small St
    CHARITABLE ORGANIZATION
    Lot: 2.59 Acres
    Value Estimation by Request

    Of Small St, Salem, IN 47167

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    Es N Jay St
    CHARITABLE ORGANIZATION
    Lot: 0.24 Acres
    Value Estimation by Request

    Es N Jay St, Salem, IN 47167

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    Of Spg Grv Ave
    CHARITABLE ORGANIZATION
    Lot: 0.12 Acres
    Value Estimation by Request

    Of Spg Grv Ave, Salem, IN 47167

    View details
    1011 Main St
    Self storage facilities
    Value Estimation by Request

    1011 Main St, Salem, IN 47167

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    Nn Of N Cox Fry Rd
    CHARITABLE ORGANIZATION
    Lot: 18.50 Acres
    Value Estimation by Request

    Nn Of N Cox Fry Rd, Salem, IN 47167

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    N-side Cox Fry Rd
    CHARITABLE ORGANIZATION
    Lot: 1.00 Acre
    Value Estimation by Request

    N-side Cox Fry Rd, Salem, IN 47167

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    N
    CHARITABLE ORGANIZATION
    Lot: 0.59 Acres
    Value Estimation by Request
    N

    N, Salem, IN 46165

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    N
    CHARITABLE ORGANIZATION
    Lot: 0.89 Acres
    Value Estimation by Request
    N

    N, Salem, IN 46165

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    Es Zink Rd
    CHARITABLE ORGANIZATION
    Lot: 35.20 Acres
    Value Estimation by Request

    Es Zink Rd, Salem, IN 47167

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    N
    CHARITABLE ORGANIZATION
    Lot: 1.07 Acres
    Value Estimation by Request
    N

    N, Salem, IN 46165

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    N
    CHARITABLE ORGANIZATION
    Lot: 3.85 Acres
    Value Estimation by Request
    N

    N, Salem, IN 46165

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    N
    CHARITABLE ORGANIZATION
    Lot: 28.00 Acres
    Value Estimation by Request
    N

    N, Salem, IN 46165

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    N
    CHARITABLE ORGANIZATION
    Lot: 1.28 Acres
    Value Estimation by Request
    N

    N, Salem, IN 46165

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    N
    CHARITABLE ORGANIZATION
    Lot: 10.00 Acres
    Value Estimation by Request
    N

    N, Salem, IN 46165

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    N
    CHARITABLE ORGANIZATION
    Lot: 1.21 Acres
    Value Estimation by Request
    N

    N, Salem, IN 46165

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    N
    CHARITABLE ORGANIZATION
    Lot: 10.84 Acres
    Value Estimation by Request
    N

    N, Salem, IN 46165

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    N
    CHARITABLE ORGANIZATION
    Lot: 4.99 Acres
    Value Estimation by Request
    N

    N, Salem, IN 46165

    View details

    Salem, IN Specialty Properties Investment Opportunities Market Analysis

    Explore 38 specialty properties for sale in Salem, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 24,492 square feet of properties for sale, with an estimated market value of $598,800.

    Sale prices for properties in Salem, IN start at $199,000, averaging $199,600, 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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    Map

    Top Commercial Asset Segments

    Churches & religious facilities 3
    Nursery and garden centers 1
    Wedding venues 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 $399.7K

    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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