18 Public Square Salem, IN $ 299,000
18 Public Square
$ 299,000
Recently Listed
Share Save

18 Public Square

Salem, IN, 47167
$ 299,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,888

18 Public Square, Salem, IN 47167 - Image 1
18 Public Square, Salem, IN 47167 - Image 2
18 Public Square, Salem, IN 47167 - Image 3
18 Public Square, Salem, IN 47167 - Image 4
18 Public Square, Salem, IN 47167 - Image 5
18 Public Square, Salem, IN 47167 - Image 6
18 Public Square, Salem, IN 47167 - Image 7
18 Public Square, Salem, IN 47167 - Image 8
18 Public Square, Salem, IN 47167 - Image 9
18 Public Square, Salem, IN 47167 - Image 10
18 Public Square, Salem, IN 47167 - Image 11
18 Public Square, Salem, IN 47167 - Image 12
18 Public Square, Salem, IN 47167 - Image 13
18 Public Square, Salem, IN 47167 - Image 14
18 Public Square, Salem, IN 47167 - Image 15
18 Public Square, Salem, IN 47167 - Image 16
18 Public Square, Salem, IN 47167 - Image 17
18 Public Square, Salem, IN 47167 - Image 18
18 Public Square, Salem, IN 47167 - Image 19
18 Public Square, Salem, IN 47167 - Image 20
18 Public Square, Salem, IN 47167 - Image 21
18 Public Square, Salem, IN 47167 - Image 22
18 Public Square, Salem, IN 47167 - Image 23
18 Public Square, Salem, IN 47167 - Image 24
18 Public Square, Salem, IN 47167 - Image 25
18 Public Square, Salem, IN 47167 - Image 26
18 Public Square, Salem, IN 47167 - Image 27
18 Public Square, Salem, IN 47167 - Image 28
18 Public Square, Salem, IN 47167 - Image 29
18 Public Square, Salem, IN 47167 - Image 30
18 Public Square, Salem, IN 47167 - Image 31
18 Public Square, Salem, IN 47167 - Image 32
18 Public Square, Salem, IN 47167 - Image 33
18 Public Square, Salem, IN 47167 - Image 34
18 Public Square, Salem, IN 47167 - Image 35
18 Public Square, Salem, IN 47167 - Image 36
18 Public Square, Salem, IN 47167 - Image 37
18 Public Square, Salem, IN 47167 - Image 38
18 Public Square, Salem, IN 47167 - Image 39
18 Public Square, Salem, IN 47167 - Image 40
18 Public Square, Salem, IN 47167 - Image 41
18 Public Square, Salem, IN 47167 - Image 42
18 Public Square, Salem, IN 47167 - Image 43
18 Public Square, Salem, IN 47167 - Image 44

Commercial Property for sale in Salem, IN

for $299,000. This building was built in 1940 on a lot size of 0.08.

Exceptional investment or owner-user opportunity on Salem’s historic Public Square! This versatile approximately 7,548 SF commercial property is zoned CB (Central Business) and features two completely separate street-level commercial storefronts, allowing two independent businesses to operate simultaneously. Each storefront offers its own entrance, street-level presence, large display windows and separate utilities, with the exception of shared water service. One storefront also provides access to the basement, offering additional storage and usable space. The building features three HVAC systems, three restrooms, two kitchenettes and private rear parking—a valuable feature for a downtown property. The expansive unfinished upper level, previously under renovation, provides substantial additional space and exciting potential for future development. Depending upon applicable zoning and approvals, the space may offer possibilities for residential, office, studio or other permitted uses. Located directly on Salem’s historic Public Square, this property combines two independently functioning commercial storefronts, existing tenancy, excellent visibility, private parking, substantial square footage and future development potential. Whether purchased as an investment or for an owner-user seeking space for their own business while benefiting from a separate commercial unit, this property offers tremendous flexibility and long-term potential.

See more

Commercial Active

Price

$ 299,000

Property Type

Commercial

Taxes

$ 3,555

Style

Lot Size

0.08

Year Built

1940

Town/City

Salem

County/Region

Washington

MLS | Web ID

2026010832

Features
General
Year Built 1940
Township Washington
Property Subtype Office
County Washington
Property Type Commercial Sale
Status Active
Directions From the Salem Square property is located on Public Square in downtown Salem. Building is situated on the Square with private parking access located behind the building.
City Salem
Lot Size Units Acres
Lot Size Square Feet 3484.8
Tax Annual Amount 3555
Property Condition Resale
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Office Retail Residential
See more
Exterior
Lot Size Area 0.08
Building Area Total 7548
Lot Size Acres 0.08
Other Parking Off Street
See more
* Excluded Features
List By
Melanie Wells

Listing Agent

Hoosier Realty

Broker

Melanie.HoosierRealty@gmail.com

Email

Affordability Calculator

$2,184
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,888
Monthly Property Taxes
$296
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
8/10/2026$299,000 Listed Price

Map


See all

18 Public Square, Salem, IN, 47167 is a Commercial Property for sale at $299,000 with a lot size of 0.08. 18 Public Square was built in 1940. The property's zip code is 47167 which is in Salem, IN