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    Salem, IN
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    Salem, IN Storefront Properties for Sale

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    Pekin, IN Vallonia, IN Borden, IN
    Downtown Salem Commercial Building For Sale
    Updated: Nov 20, 2025
    Downtown Salem Commercial Building For Sale

    18 Public Sq, Salem, IN

    $299,000
    0.08 AC lot
    Prime Downtown Salem location on Public Square.
    Rare private parking in the downtown area.
    Two separate storefronts with excellent visibility and high foot traffic.
    Upstairs space suitable for office, studio, or residential use.
    Income potential for investors or owner‑occupants.
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    Versatile Commercial Property with Acreage
    Updated: Jun 4, 2023
    Versatile Commercial Property with Acreage

    206 W Walnut Street, Salem, IN 47167

    $199,900
    4,000 sqft · 0.86 AC lot
    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).
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    Historic Building on Public Square
    Historic Building on Public Square

    48 Public Square, Salem, IN 47167

    $352,000
    10,080 sqft

    Three-story building on Salem's historic downtown courthouse square.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Salem, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Scottsburg Retail Building For Sale
    Scottsburg Retail Building For Sale

    395 N Gardner St, Scottsburg, IN

    $995,000
    9,180 sqft · 0.92 AC lot

    High-visibility retail building in Scottsburg, Indiana, available for sale.

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    Commercial Building in Scottsburg Heart
    Commercial Building in Scottsburg Heart

    179 S Gardner Street, Scottsburg, IN 47170

    $234,900
    2,070 sqft

    Commercial building with three tenants in Scottsburg, Indiana.

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    Multi-Use Building with Home Options
    Multi-Use Building with Home Options

    1431 Highway 60, Borden, IN 47106

    $195,000
    2,900 sqft · 0.50 AC lot

    Versatile 2900+ sq ft building suitable for various purposes.

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    Historic Barber Shop on Main
    Historic Barber Shop on Main

    107 Main Street, Borden, IN 47106

    $49,900

    1926 barber shop with commercial potential on Main Street.

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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.

    Paved Commercial Development Site
    Paved Commercial Development Site

    8643 W College Street, French Lick, IN 47432

    $100,000
    0.40 AC lot

    All-paved lot with vehicle access via a joint easement, suitable for a variety of commercial development concepts.

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    Crawford County Land For Sale
    Crawford County Land For Sale

    State Road 66, Leavenworth, IN 47137

    $525,000
    18.00 AC lot

    18 acres of commercial land near I-64 interchange.

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    Commercial Land in Madison, Indiana
    Commercial Land in Madison, Indiana

    600 Green Road, Madison, IN 47250

    $79,900

    High-traffic commercial land with city utilities available.

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    Ready-to-Build Commercial Lot
    Ready-to-Build Commercial Lot

    3655 W State Road 46, Bloomington, IN 47404

    $899,900
    0.84 AC lot

    Clear commercial lot with utilities available and strong visibility for businesses seeking a straightforward development site.

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    Salem, IN Storefront Properties Market Trends and Statistics

    Explore 3 storefront properties for sale in Salem, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 14,080 square feet of properties for sale, with an estimated market value of $551,900.

    Sale prices for retail units in Salem, IN start at $199,900, averaging $275,950, and reaching up to $352,000 — 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 3
    Banks 1
    Grocery and convenience stores 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 average listing prices of real estate assets

    Neighborhood Average Price
    47167 $276K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

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