Immediate cash flow! Four separate units with a potential for additional units on the second story. This unique and historic building contains an apartment on the second story, a photography studio, flower shop and a real estate office. The separate unfinished second story boasts 2,148 sf to allow for additional units. Schedule showings with the list agent.
Great opportunity to own and operate your own business. Ideal location for a BREAKFAST/LUNCH restaurant in downtown as there is no competition for miles. Or operate your restaurant specializing in your favorite menu. New flooring, painting throughout, LED lighting, new kitchen equipment (except for four stainless steel tables) including tables/chairs, and all essentials, dishes, utensils, etc are included in sale. (The coffee, hot chocolate, ice tea machines only stay if new owner purchases those supplies from Farmer Brothers.) New exterior cooler is partially completed with remaining wall and cooler system available on site. Property being sold "AS IS". (New pictures of kitchen arriving soon)
The median home value in North Salem, IN is $185,000. This is lower than the county median home value of $307,300. The national median home value is $338,100. The average price of homes sold in North Salem, IN is $185,000. Approximately 73.91% of North Salem homes are owned, compared to 15.42% rented, while 10.67% are vacant. North Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a North Salem real estate agent to arrange a tour today!
North Salem, Indiana has a population of 611. North Salem is more family-centric than the surrounding county with 43.83% of the households containing married families with children. The county average for households married with children is 37.73%.
The median household income in North Salem, Indiana is $53,194. The median household income for the surrounding county is $87,961 compared to the national median of $69,021. The median age of people living in North Salem is 36.5 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 17.5 degrees. The average rainfall is approximately 42.5 inches per year, with 16.2 inches of snow per year.