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1101 S Main Street Salem, IN $ 229,900
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$ 229,900 Get more info
1101 S Main Street
$ 229,900
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1101 S Main Street

Salem, IN, 47167
$ 229,900
Baths0.0

Monthly Estimate*

$ 1,606

1101 S Main Street, Salem, IN 47167 - Image 1
1101 S Main Street, Salem, IN 47167 - Image 2
1101 S Main Street, Salem, IN 47167 - Image 3
1101 S Main Street, Salem, IN 47167 - Image 4
1101 S Main Street, Salem, IN 47167 - Image 5
1101 S Main Street, Salem, IN 47167 - Image 6
Studio

Commercial Property for sale in Salem, IN

for $229,900. This building was built in 1920.

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.

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Commercial Active

Price

$ 229,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 459

Style

Year Built

1920

Town/City

Salem

County/Region

Washington

MLS | Web ID

2023010440
Features
General
Development Status Proposed
Year Built 1920
Township Washington
Property SubType Other
Current Use Other Residential SpecialUse
County Washington
Property Type CommercialSale
Status Active
City Salem
Buyer Agent Compensation 3.0
Total Units 0
Street Name Main Street
Tax Annual Amount 459.0
Property Condition Resale
Days on Market 141
Standard Status Active
Property Sub Type Additional Other Residential
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Exterior
Lot Size Units Acres
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Internal Only
Street Number 1 1101
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* Excluded Features
List By
Nathan Soliday

Listing Agent

Brixton Realty

Broker

ultimateloanofficer@gmail.com

Email

Affordability Calculator

$1,644
Per Month
98%
2%
0%
Monthly Principal & Interest
$1,606
Monthly Property Taxes
$38
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1120661 Elementary School
1120959 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/1/2024$229,900 -8.00% Price Down
12/13/2023$249,900 -10.72% Price Down
9/13/2023$279,900 Listed Price

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1101 S Main Street, Salem, IN, 47167 is a Commercial Property for sale at $229,900. 1101 S Main Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 47167 which is in Salem, IN

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