56 Public Square Salem, IN ^$ 350,000

56 Public Square

^$ 350,000

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56 Public Square

Salem, IN, 47167

^$ 350,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 2,155

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Commercial Property for sale in Salem, IN

for $350,000. This building was built in 1884 on a lot size of 0.1.

THIS IS A CUSTOM REMODELED THREE STORY COMMERCIAL LOCATION ON HISTORIC SALEM COURTHOUSE SQUARE.... The Street level commercial/retail/office has original refinished wood floors, 1/2 bath, kitchenette, large display windows and ready for your business dream to come true. The top floor is over 2000+ sq feet with 3 bedrooms, office, curved handle beautiful staircase, 2 full baths, full large kitchen dining area with Wilcox Custom Cabinets and all high end stainless appliances that remain. This top level has original refinished wood floors, back deck with a panoramic view. The walk out basement level has parking, 2 bedrooms, 1 full large bath, kitchen, washer, dryer, range/oven, refrigerator remain. This commercial buildings offers a great income potential. Replacement windows throughout. Heat, Air, & water heaters 3-4 yrs old. 14 X 24 Shed with electric and covered insulated walls for storage. Next door is a brand new parking area within steps for all your quests. Shown by appointment this one will surprise you with it being in excellent condition. Immediate possession at closing.

Commercial Active

Price

^$ 350,000

Property Type

Commercial

Taxes

^$ 1,403

Style

Lot Size

0.1

Year Built

1884

Town/City

Salem

County/Region

Washington

MLS | Web ID

202608823

Features

General

Construction Materials Frame

Year Built 1884

Township Washington

Property Subtype Retail

County Washington

Property Type Commercial Sale

Status Active

Directions South West Corner Salem Court Square in Salem (formerly Nan's This N That)

City Salem

Lot Size Units Acres

Lot Size Square Feet 4356

Tax Annual Amount 1403

Standard Status Active

Occupancy Type Owner

Property Sub Type Additional Retail Multi Family Other Residential Special Purpose

Exterior

Lot Size Area 0.1

Building Area Total 3567

Lot Dimensions 0.10

Lot Size Acres 0.1

Other Parking Off Street

Lot Size Source Assessor

* Excluded Features

List By

Sherri B. Purkhiser

Listing Agent

The Day Company Realtors

Broker

dayco.sherri@gmail.com

Affordability Calculator

$2,272

Per Month

Monthly Principal & Interest: $2,155
Monthly Property Taxes: $117
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$291,617

Percent of Sale Price 17%

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.

0 Elementary School

0 Middle School

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Pricing History

Date	Price	Price Change	Description
6/3/2026	$350,000		Listed Price

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56 Public Square, Salem, IN, 47167 is a Commercial Property for sale at $350,000 with a lot size of 0.1. 56 Public Square was built in 1884. 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 6.25% 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.

The information being provided by Southern Indiana Realtors Association is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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56 Public Square

Commercial Property for sale in Salem, IN

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