206 W Walnut Street Salem, IN $ 250,000
206 W Walnut Street
$ 250,000
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206 W Walnut Street

Salem, IN, 47167
$ 250,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,727

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Commercial Property for sale in Salem, IN

for $250,000. This building was built in 1965 on a lot size of 0.86.

Endless possibilities await with this large commercial property offering approximately 0.86 acre across two separate parcels bordering two main roads! The main building features nearly 4,000 square feet of open space, two private offices, a bathroom, a receiving dock, and two entry doors. Improvements in 2017 included two new AC units, two new furnaces, a water heater, new flooring, and a partial roof replacement. New duct work in 2025. The building was freshly painted in 2023. Three additional buildings provide even more flexibility for storage, workspace, or business operations. One is an open-sided 24' x 60' structure with 14' clearance. Another measures 26' x 50' and features a large room with a garage door. The additional storage building includes three sliding doors and four open bays. Approximately 35 parking spaces are available, with the potential for additional parking on the adjoining lot. Possible uses include retail, hardware, lawn and garden, flea market, mower sales or repair, floral shop, storage, and many other business opportunities. Bring your vision and explore the possibilities this versatile commercial property has to offer! Call to schedule your showing today!!

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Commercial Active

Price

$ 250,000

Property Type

Commercial

Taxes

$ 1,388

Style

Lot Size

0.86

Year Built

1965

Town/City

Salem

County/Region

Washington

MLS | Web ID

2026012657

Features
General
Construction Materials Frame
Year Built 1965
Township Washington
Property Subtype Office
Additional Parcels Description 88-24-17-331-125.000-022
County Washington
Property Type Commercial Sale
Status Active
Directions Turn on to W. Walnut Street off of Water street property is on the left.
City Salem
MLS Area Downtown
Lot Size Units Acres
Lot Size Square Feet 37461.6
Tax Annual Amount 1388
Property Condition Resale
Standard Status Active
Property Sub Type Additional Office Retail Industrial Other
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Exterior
Lot Size Area 0.86
Building Area Total 3885
Lot Dimensions .86
Lot Size Acres 0.86
Other Parking Off Street
Lot Size Source Assessor
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* Excluded Features
List By
Mary McCoskey Finkle

Listing Agent

Mainstreet Realtors

Broker

info@mainstreetrealtor.com

Email

Affordability Calculator

$1,842
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,727
Monthly Property Taxes
$116
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
10/30/2026$250,000 Listed Price

Map


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206 W Walnut Street, Salem, IN, 47167 is a Commercial Property for sale at $250,000 with a lot size of 0.86. 206 W Walnut Street was built in 1965. The property's zip code is 47167 which is in Salem, IN