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406 Cox Ferry Road Salem, IN $ 1,900,000
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$ 1,900,000 Get more info
406 Cox Ferry Road
$ 1,900,000
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406 Cox Ferry Road

Salem, IN, 47167
$ 1,900,000
Baths0.0 Sq 22,894

Monthly Estimate*

$ 13,272

406 Cox Ferry Road, Salem, IN 47167 - Image 1
406 Cox Ferry Road, Salem, IN 47167 - Image 2
406 Cox Ferry Road, Salem, IN 47167 - Image 3
406 Cox Ferry Road, Salem, IN 47167 - Image 4
406 Cox Ferry Road, Salem, IN 47167 - Image 5
406 Cox Ferry Road, Salem, IN 47167 - Image 6
Studio

Commercial Property for sale in Salem, IN

for $1,900,000. This 22,894 square foot building was built in 2021 on a lot size of 2.

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

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Commercial Active

Price

$ 1,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 21,570

Style

Lot Size

2

Year Built

2021

Town/City

Salem

County/Region

Washington

MLS | Web ID

2023012280
Features
General
Construction Materials Frame
Year Built 2021
Township Washington
Property SubType Other
Current Use Other SpecialUse
County Washington
Property Type CommercialSale
Status Active
Directions Salem IN: W Mulberry St. to (R) on W Cox Ferry Rd. with the property on the left.
City Salem
Buyer Agent Compensation 2.5
Total Units 0
Lot Size Square Feet 87120.0
Street Name Cox Ferry
Tax Annual Amount 21570.0
Property Condition Resale
Days on Market 112
Standard Status Active
Property Sub Type Additional Other SpecialPurpose
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Exterior
Lot Size Area 2.0
Building Area Total 22894.0
Lot Size Acres 2.0
Lot Size Units Acres
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Interior
Street Suffix Road
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Internal Only
Street Number 1 406
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* Excluded Features
List By
Brian Haeseley

Listing Agent

Keller Williams Realty Consultants

Broker

bhaeseley@gmail.com

Email

Affordability Calculator

$15,070
Per Month
88%
12%
0%
Monthly Principal & Interest
$13,272
Monthly Property Taxes
$1,798
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!
Nearby
1120661 Elementary School
1120959 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/7/2024$1,900,000 -5.00% Price Down
12/15/2023$2,000,000 Listed Price

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406 Cox Ferry Road, Salem, IN, 47167 is a Commercial Property for sale at $1,900,000 with 22,894 sqft and a lot size of 2. 406 Cox Ferry Road is a studio with 0.0 baths and was built in 2021. The property's zip code is 47167 which is in Salem, IN

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