North Salem IN Commercial for Sale

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Type:
Mixed Use
Sq.Ft.:
5,122
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1926
Baths:
MLS#:
21984613

ADDITIONAL INFORMATION

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.

Type:
Retail
Sq.Ft.:
2,520
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1900
Baths:
MLS#:
21929161

ADDITIONAL INFORMATION

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)

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.




North Salem Real Estate

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.

North Salem Weather

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.

North Salem Real Estate Market Conditions

  • Median sales price

    $185,000
    17.9% change since last quarter
  • # Active listings

    3
    30-day change

North Salem Schools and Demographics

Education near North Salem, IN

Metric City County
High School Graduates 85.68 95.12
College Degree - 2 year 23.96 8.44
College Degree - 4 year 17.45 39.46
Graduate Degree 1.3 10.67
Expenditures per Student 13,510 13,510
Students per Teacher 16.9 16.9

Elementary Schools near North Salem, IN

School Grades Students P/T Ratio ZIP
Granville Wells Elementary School PK - 06 488 24.4 46147
North Elementary School PK - 05 564 17.1 46122
North Salem Elementary School PK - 05 248 17.3 46165
Roachdale Elementary School KG - 05 255 15 46172
South Elementary School 03 - 04 356 19.2 46122

Middle Schools near North Salem, IN

School Grades Students P/T Ratio ZIP
Danville Middle School 04 - 08 806 19.5 46122
North Putnam Middle School 06 - 08 358 14.3 46172
Tri-West Middle School 06 - 08 451 19.6 46149

High Schools near North Salem, IN

School Grades Students P/T Ratio ZIP
Danville Community High School 09 - 12 805 18.3 46122
North Putnam Senior High School 09 - 12 484 14.2 46172
Tri-West Senior High School 09 - 12 595 21.3 46149

Demographics near North Salem, IN

Metric City County
Neighborhood Type Suburban
Population 611 172,100
Population Density 2,350 423
Median Age 36.5 38.2
People per Household 2.7 2.7
Median Household Income 53,194 87,961
Average Income per Capita 24,483 40,540