800 N Main Street Salem, IN ^$ 550,000

800 N Main Street

^$ 550,000

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800 N Main Street

Salem, IN, 47167

^$ 550,000

Studio Baths1.0 Sq 3,087

Monthly Estimate*

^$ 3,842

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Studio

Commercial Property for sale in Salem, IN

for $550,000 with 1 full bath. This 3,087 square foot building was built in 1920 on a lot size of 0.36.

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, homemade 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.

Commercial Active

Price

^$ 550,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 3,535

Style

Restaurant/Bar

Lot Size

0.36

Year Built

1920

Town/City

Salem

County/Region

Washington

MLS | Web ID

202337768

Features

General

Heating Gas Forced Air

Cooling Central Air

Ceiling Height 12

Roof Metal

Parking Yes Lot Paved

Sewer City

# of Buildings 1

Status Active Active

Bathrooms 1

Year Built 1920

New Construction No

Subdivision None

Stories 1

Township Washington

Class COMMERCIAL

Type Restaurant/Bar

Age 104

Special Features Three Phase Basement Office Space Public Restrooms Ventilating/Exhaust Fans Refrigeration/Freezer

REO No

Area Washington County

City Salem

Street Name Main

Legal Description R. MORRIS PT LOT 1 R. MORRIS LOT 2

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202337768

Agent First Name Mary

Agent Last Name McCoskey Finkle

DOM 205

Tax Year 2022/2023

Exterior

Road Access State

Exterior Wood

Number of Parking Spaces 10

Lot Size Area 15682

Lot Dimensions 15 682

Parking Type parking lot

Waterfront Y/N No

Interior

Flooring Vinyl Tile

Basement/Foundation Slab Other

Walls Wood

* Excluded Features

List By

Mary McCoskey Finkle

Listing Agent

Mainstreet Realtors

Broker

info@mainstreetrealtor.com

Affordability Calculator

$4,136

Per Month

Monthly Principal & Interest: $3,842
Monthly Property Taxes: $295
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Salem, IN

Average List Price ^$719,443

Percent of Sale Price 31%

About Salem, IN

6,081 Population

-1% Since 2002

^$37,209 Median Income

39.2 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1237469 Elementary School

1237627 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/15/2024	$550,000	-20.86%	Price Down
10/13/2023	$695,000		Listed Price

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800 N Main Street, Salem, IN, 47167 is a Commercial Property for sale at $550,000 with 3,087 sqft and a lot size of 0.36. 800 N Main Street is a studio with 1.0 baths and was built in 1920. The property's zip code is 47167 which is in Salem, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/6/2024.

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800 N Main Street

Commercial Property for sale in Salem, IN

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