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Salem, NY Storefront Properties for Sale

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Argyle, NY Granville, NY Greenwich, NY
Mixed-Use Building with Vacant Retail
Updated: May 31
Mixed-Use Building with Vacant Retail

198 MAIN ST, Salem, NY 12865

$249,777
4,520 sqft
Mixed‑use building with 4 apartments (one 2‑bedroom, three 1‑bedroom) above two vacant commercial retail spaces
4,520 SF building offers residential rental income of $3,200/month plus additional upside from leasing the retail spaces
Apartment rent details: 2‑bedroom $1,000/month; main floor 1‑bedroom $800/month; two third‑floor 1‑bedrooms $700/month each
Appliances and mechanicals updated: refrigerators and stoves replaced within last 1–5 years across all units
Hot water tanks replaced within last 1–5 years; commercial spaces include a furnace about 2 years old; separate electric heat in apartments
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, NY, 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.

Downtown Mixed-Use Quadplex
Downtown Mixed-Use Quadplex

55 Lawrence Street, Glens Falls, NY 12801

$299,000
2,888 sqft · 0.05 AC lot

Four-unit mixed-use building with two storefronts and two apartments, with recent renovations to most units.

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Mixed-Use Carriage Barn Building
Mixed-Use Carriage Barn Building

126 Washington Avenue, Bennington, VT 05201

$399,000
5,208 sqft · 0.63 AC lot

Converted circa-1913 carriage barn with three apartments and ground-floor retail, plus ample parking on a downtown lot.

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Mixed-Use Commercial Building For Sale
Mixed-Use Commercial Building For Sale

193 Dix Avenue, Glens Falls, NY 12801

$849,900
8,000 sqft · 1.00 AC lot

Versatile Glens Falls building with retail, warehouse, and office space.

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Historic Bennington Commercial Buildings For Sale
Historic Bennington Commercial Buildings For Sale

125 North Street, Bennington, VT 5201

$590,000
2,225 sqft

Two restored historic buildings in prime location with lease income.

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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.

Saratoga Springs Land Opportunity
Saratoga Springs Land Opportunity

105 Congress Street, Saratoga Springs, NY 12866

$1,150,000
0.31 AC lot

0.31 acres of commercially zoned land near downtown Saratoga.

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Commercial Building on Busy Corner
Commercial Building on Busy Corner

2 Saratoga Avenue, Corinth, NY 12822

$64,900
812 sqft · 0.16 AC lot

Commercially zoned building on a busy corner in Corinth, NY.

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Mechanicville Land For Sale
Mechanicville Land For Sale

176 Rt 146, Mechanicville, NY 12118

$270,000
2.89 AC lot

2.89 acre parcel in Southern Saratoga County.

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Bolton Landing Commercial Property For Sale
Bolton Landing Commercial Property For Sale

4921 Lake Shore Drive, Bolton Landing, NY 12814

$1,050,000
0.52 AC lot

Rare commercial property on Lake Shore Drive in Bolton Landing.

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Salem, NY Storefront Properties Market Trends and Statistics

Explore 1 storefront properties for sale in Salem, NY on our real estate platform. These investment opportunities span a total of 4,520 square feet of properties for sale, with an estimated market value of $249,777.

Sale prices for retail units in Salem, NY start at $249,777, averaging $249,777, and reaching up to $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

Storefront properties 1

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 $249.8K

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

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