The median home value in Salem, IN is $164,900.
This is
lower than
the county median home value of $168,726.
The national median home value is $308,980.
The average price of homes sold in Salem, IN is $164,900.
Approximately 60% of Salem homes are owned,
compared to 30% rented, while
10% are vacant.
Salem real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Salem real estate agent to arrange a tour today!
Learn more about Salem.
Located across the street from Walmart. Sale of Second Generation Business w/Real Estate and a loyal long term customer base. Sale includes ALL Business Assets as Identified on corporate Federal Tax Return. Many CNC machines and other equipment come with the business (see partial list in attachments). Owner is willing to provide short term transition to new owner. Business may be Relocated! Confidentiality Agreement Must Be Signed by Interested/Qualified Buyer Prospects Prior to Release of Tax Return Information!
Welcome to 501 East Market Street just a couple blocks from the iconic Salem town square! This property is currently being leased by multiple businesses with office and warehouse needs. 501 E Market can be accessed by 3 different city streets! It features 22 acres with over 175,000 square feet of warehouse space. In addition to this, it has 5500 finished square feet of office space. This isn't even counting the office space available in the warehouses! There is 440 3- phase electric service to warehouses and a dedicated fire suppression loop surrounding the property with multiple hydrants. Other ideas for this property include land development, developing the creekside with apartments/businesses, event venue or flea market and so much more! Reach out today and see what a great investment this commercial property can be for you!
High Traffic Vacant Land on the main corridor (HWY 60) coming into Salem. Many possible Commercial uses. Call agent with any questions
OPPORTUNITY OF A LIFETIME...H&R Bakery has been a staple to Southern Indiana for over three-quarters of a century, arguably serving the most delicious donuts and there are no words to describe their famous brownies! The Salem location, in addition to Huckleberry's in Mitchell, along with all fixtures, furniture and equipment of both and most importantly the established business, loyal multi-generational customer base and treasured baking secrets are included in the sale. The potential is endless to expand with more retail locations with the manufacturing capacity already in place. Different streams of revenue could be added with food service and meeting/party space rental. Information provided in this listing for the Salem Location. Please see listing for 915 Main Street, Mitchell, Indiana for information specific to Huckleberry's location MLS#202406289. BOTH LOCATIONS, FURNITURE, FIXTURES, EQUIPMENT AND BUSINESS ALL SELL TOGETHER
Looking to start your own business?? Amazing business location! Just outside of town! This location was a well established dental office! Great potential with the current growth in our community! 3.96 acres! Plenty of parking! Full finished basement w/ restroom! Call us today for your showing!
Property features 30x48 garage with 54x32 upstairs office, 2 -12' rollup doors, 1 service door . Flat to gently rolling with good building sites and ample road frontage and parking. The building has been well insulated.
THIS IS A HOT PRIME COMMERCIAL LOCATION WITH B-2 ZONING ALREADY IN PLACE & 14.51 ACRES FOR YOUR DREAM DEVELOPMENT..... ALL CITY UTILITES AVAULABILE, IMMEDIATE POSSESSION. Abundance of road frontage on State Road & business district county road, very high continuous traffic count, easy access & exit. A parcel this size does not come along very often with these specific city amenities Salem can offer you! Call today to discuss your multi use commercial dream and business opportunity.
OPPORTUNITY AWAITS.. Storage complex with 140 units situated on 2.0 acres. Total of four buildings with each one constructed in the following years: 2018, 2019, 2020, & 2021. Units vary in 10 different sizes. See attachments for building sizes, unit, configurations & aerial. New software systems to be able to sign up online & manage units. QR Code for easy sign up . Value add potential as unit rents are 98% occupied and are below market rate. Owners are Lic.Indiana Brokers Also 2nd location is at 15400 Hwy 60 Borden Indiana MLS #2023012303 // Owner Financing Possible
This large COMMERCIAL 3.18 acre site is Zoned I-1 for all your business dreams. Situated on West State Road 56 (W. Mulberry St.) with very high traffic count daily. This has had recent highway construction making this a hot spot Commercial location to buy. Very level, 200 ft State Highway frontage, all city utilities available.
THE BEST LOCATION IN SALEM.....Zoned B-2, Build your dream, .71 acres, very high visibility and traffic count. This location is at the stoplight at the Intersection of State Road 135 & 56. All city utilities, good frontage on two sides and rear alley access. Shown By Appointment. Do not miss out on this location.
Here is your chance to own CHEDDAR DEPOT, right on MAIN ST, this Award-winning business is well established w/strong daily traffic near the schools, hospital, nursing homes and factories. They offer hand dipped Ice cream, cheese, fudge and candies, deli sandwiches, and a great menu of delicious foods with all recipes, machines, and inventory included! Cheddar Depot is well known for its cheeses that are shipped all throughout the US! They also cater for the local school districts and can make orders for events. Along with a Great covered porch and a picnic area to relax and enjoy your food. Sale includes real estate and all assets to allow for a seamless transition. Does not include the Ice House/White Shed that is by the picnic area.
THIS IS YOUR OPORTUNITY FOR A CORNER PRIME LOCATION.....Situated at the Roundabout on State Road 60 & Salem By Pass this 2.08 acres has the best visibility, high traffic location, 1500 sf building, & paved parking. This location has abundance of frontage on both State Roads. This is your dream and it will come true chance. All city utilities. Shown by appointment only. Serious Inquiries only please.
Attention Storage Unit Investors! GREAT Income Property is zoned B1. Seller has engineering plans for 88 storage units to built on the property and is approved by the state of Indiana. Large Home is a fixer upper but can be 4+ bedrooms along with a newer garage added to the home and would make a great rental property or small business location. Home is sold as is and needs a lot of repairs. When completed, the property has the potential to gross $7500+ per month in income. Property is located 1 mile south of the Salem Square between the square and the bypass. Great location, with a lot of potential. Seller is a licensed real estate agent. Please verify square footage of home if important.
Cornerstone Hall is a 1st class, very popular regional event facility. It has hosted a numerous variety of high profile events as well as countless weddings, concerts, proms, family reunions, company meeting/party's. There is an excellent commercial kitchen on site, a bar with a alcohol license, Separate His and Hers restrooms and a unisex restroom in the kitchen area for staff. 12 foot ceilings in the Main event area give an open and airy feeling. Cornerstone also features one of the best sound systems in Southern Indiana! It s not just what s inside that s great. Outdoors events in the beautiful Washington County landscape offer a picturesque and charming touch, complete with a landscaped garden and pergola. Even if it rains, you can move inside with a room for up to 500 of your guests in an elegant ambiance setting. Gas log fireplaces with exceptionally trimmed mantles set the mood for a great evening. Ample parking onsite and a covered drive up entrance make for 1st class experiences with little effort. There is a also a dividing wall that can be employed to host multiple events simultaneously. Cornerstone Hall is a short drive down hwy 56 to I-65 quickly connecting you to the Louisville and Indianapolis Metro Areas. New Hotels in the Washington, Scott and Clark Co areas make hosting events even more continent.
Massive commercial building with a lot of parking space for sale! This building has a concrete slab foundation. The work has been started to make two apartments. This building has been used as many types of business, such as a church, grocery store and a theater. Building features 2 full restrooms with 2 stalls each! At one time it had a huge kitchen used by the church. This would make a great business location/restaurant for you! Call today for more details!
Take a look at this large commercial property! Formerly used as the BMV. Large open waiting area, restrooms, office spaces, and a large parking lot.
2.3959 acres on outskirts of town! PRIME commercial spot! Near the bypass! Don't miss out! This is a GREAT time to build with all the growth coming to our community! Call today!
ATTENTION INVESTORS!! Here is your chance to own a prime piece of investment property in the Rental Business with the recent growth that has come to our community! 18 finished apartments on 1 level, 1 upstairs unit in the back! 100% occupied! Don't miss out on this opportunity! Call today! ALL BUILDINGS WILL HAVE A NEW ROOF INSTALLED WITHIN 60-90 DAYS. Complete new roof in June!
