Salem IN Commercial for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1920
Baths:
MLS#:
202306739

ADDITIONAL INFORMATION

REDUCED! 2-4 bed/1 bath apartment (upstairs) with very large living room, hardwood flooring throughout, original wood trim and pocket doors. Lots of sq. ft. for additional apartments/storage. SOLD AS IS! State AS IS Addendum required with all offers. Seller will make NO repairs and offers NO warranties. Seller has never occupied. Disclosure: Listing Broker is owner of the selling company and is licensed in the State of Indiana. Property is zoned commercial and considered a Mixed Use property. Proof of Funds required w/all showings! ALL data including sq. ft is APPROX. and should be verified by Buyer (sq. ft. indicated is based off of Assessor Card).

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.24 Acres
Year built:
2000
Baths:
MLS#:
202305437

ADDITIONAL INFORMATION

What a FANTASTIC opportunity to own your own business. Look no further! This is the perfect commercial location. This high traffic location will have your business overflowing with new customers. This space was previously used as Dairy Queen but is ready to be transformed into your vision. This property offers 2850 sq ft and a lot of parking.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1950
Baths:
MLS#:
202305187

ADDITIONAL INFORMATION

Unlimited potential/income producing opportunities. Property is conveniently located close in vicinity to Salem Speedway and Western Hills Golf Course. CURRENTLY - Fraternal Order of Eagles, Inc. Scenic Aerie No. 3516. "Grandfathered" ZONED COMMERCIAL FOR CURRENT BUSINESS ONLY, that is a Dining/Lounge. Features of property: Bar, Pool Room, Dining Room/Dance Floor, Men & Women Restrooms, approx. 3468 sq ft. UNFINISHED BASEMENT is 1711 SQ. FT. TOTAL: 5179 SQ. FT. Men & Women Restrooms. A/C in Bar Area does not work. CONTENTS included in SALE: Cooler, bar equipment and appliances, all round and long tables, chairs & bar stools. SEATING CAPACITY 75-100, NO WARRANTIES/GUARANTEES. Property being SOLD AS-IS. Inspections welcome at Buyer's expense. SELLER(S) WILL MAKE NO INSPECTION REPAIRS. Square footage, acreage, zoning/or requirements for business. Buyer(s) should verify ZONiNG for this Property is RR-Residential District. BUSINESS USE, needs variance approval. LP Gas will convey. Tank is leased.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.48 Acres
Baths:
MLS#:
2022013595

ADDITIONAL INFORMATION

Great Business Location. Nearly 1-1/2 ac. of commercial and ready for your new building. Over 300 ft. of road frontage on a heavily traveled street. This is an excellent location for your office or retail business. Zoned B-1. Call today for a showing.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.5 Acres
Year built:
1998
Baths:
1.00
MLS#:
202248564
Subdivision:
Westminster Farms

ADDITIONAL INFORMATION

Take a look at this large commercial property! Formerly used as the BMV. Large open waiting area, restrooms, office spaces, and a large parking lot.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Baths:
MLS#:
2022013541

ADDITIONAL INFORMATION

Attention Developers & Home Builders! Great opportunity to pick up 9 building lots in Salem with utilities available. Nearly 3.3 acres in town ready for new construction. There have been a few new homes built on the street over the past couple of years with an average sales price of $225k - $250k each. See attachments for neighborhood restrictions. All square footage, and lot size are approximate based on Washington County GIS.

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1975
Baths:
MLS#:
2022012411

ADDITIONAL INFORMATION

Hottest spot on the strip! This perfect location has been home to several successful businesses over the years. Come check out this prime commercial property in the heart of Salem. Formally a pizza restaurant. Ample parking, dining area, restroom, and also has a basement. Perfect location to start your business.

Type:
Office
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.22 Acres
Year built:
1940
Baths:
MLS#:
2022010455

ADDITIONAL INFORMATION

LOOKING FOR THAT PERFECT OFFICE SPACE....convenient location on busy highway with HIGH visibility. Room for 4 separate offices, kitchen and bath complete, roomy garage and basement for storage. Paved parking area with circular drive for easy ingress and egress. Natural gas forced air furnace and central air. New carefree metal roof. Large supply closet. Don't let this be the one you wish you had...

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.21 Acres
Year built:
1960
Baths:
MLS#:
202209914

ADDITIONAL INFORMATION

Prime B-1 Commercial Parcels with Office Building! 2 parcels, 1 parcel has the parking lot, the other houses the building itself. Corner lot with plenty of road frontage on Hackberry and Water Street! Potential of all kinds of businesses that could be put in here! Always wanted to run a thrift shop? Great spot! Office space, perfect place with plenty of parking and visibility as well as easy access! Call today for your showing!

Type:
Office
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.87 Acres
Year built:
2003
Baths:
MLS#:
202209435

ADDITIONAL INFORMATION

INVESTMENT OPPORTUNITY ON HIGH TRAFFIC STATE HIGHWAY 56. Investors take note of this business opportunity! Successful and profitable convenient store/gas station located on a rural stretch of heavily traveled highway. Its paved corner lot offers plenty of parking room and visibility. The Deli offers hot meals and cold sandwiches that are made to go or you can conveniently eat at the counter area. The Retail building totals 5,700 SF, 6 BRAND NEW COMPUTERIZED gas pumps with an additional gas pump that allows customers the option of off road diesel and kerosene, a large walk-in cooler, and a freezer. Shelving included. ADDITIONAL office space with a separate entrance that can be leased out for an additional source of income. ABSOLUTELY NO LEASING!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
4.01 Acres
Year built:
2004
Baths:
MLS#:
202209427

ADDITIONAL INFORMATION

Cornerstone Hall is a 1st class, very popular regional event facility. It has hosted a numerous variety of high profile events as well as countless weddings, concerts, proms, family reunions, company meeting/party's. There is an excellent commercial kitchen on site, a bar with a alcohol license, Separate His and Hers restrooms and a unisex restroom in the kitchen area for staff. 12 foot ceilings in the Main event area give an open and airy feeling. Cornerstone also features one of the best sound systems in Southern Indiana! Itâs not just whatâs inside thatâs great. Outdoors events in the beautiful Washington County landscape offer a picturesque and charming touch, complete with a landscaped garden and pergola. Even if it rains, you can move inside with a room for up to 500 of your guests in an elegant ambiance setting. Gas log fireplaces with exceptionally trimmed mantles set the mood for a great evening. Ample parking onsite and a covered drive up entrance make for 1st class experiences with little effort. There is a also a dividing wall that can be employed to host multiple events simultaneously. Cornerstone Hall is a short drive down hwy 56 to I-65 quickly connecting you to the Louisville and Indianapolis Metro Areas. New Hotels in the Washington, Scott and Clark Co areas make hosting events even more continent. Private tours only. Contact Chad Motsinger to schedule 812-498-4087.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2.13 Acres
Baths:
MLS#:
202208112

ADDITIONAL INFORMATION

2.3959 acres on outskirts of town! PRIME commercial spot! Near the bypass! Don't miss out! This is a GREAT time to build with all the growth coming to our community! Call today!

Type:
Retail
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1929
Baths:
MLS#:
202208096

ADDITIONAL INFORMATION

REDUCED...MOTIVATED SELLER...OVER A HALF CENTURY VERY WELL ESTABLISHED PITTS LIQUOR STORE......This is your one opportunity for a turn key HIGHLY PROFITABLE business. This includes the 3646 sf building located 1 block off Salem Courthouse Square on S MAIN STREET, situated on a corner lot with paved parking, heavy traffic area, LIQUOR LICENSE, REAL ESTATE, ALL STOCK, BACK INVENTORY, ALL STORE EQUIPMENT STAY. Seller will transition new buyer. Established in 1948. Wonderful opportunity.

Type:
Office
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.85 Acres
Baths:
MLS#:
202205138

ADDITIONAL INFORMATION

TAKE AT LOOK AT THIS INCOME PRODUCING OPPORTUNITY....FANTASTIC TENANT in part of one building wants to stay, 2 LARGE BUILDINGS PRIME AREA, VERY HIGH TRAFFIC COUNT.....one is 52 x 80 heat, bathroom, display windows, concrete floor. The other is 36 x109, bathroom, office area, storage in back, concrete floor & wood laminate, display window, paved parking lot. All city utilities.

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1901
Baths:
MLS#:
2021012860

ADDITIONAL INFORMATION

Large home, formal dining, eat-in kitchen, 3 bedroom, 2 bath, partial basement detached garage. Zoned both Residential & Commercial. High visibility, great opportunity to run an in-home business. Call for your private showing today!

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.7 Acres
Year built:
1950
Baths:
MLS#:
2021012707

ADDITIONAL INFORMATION

BUSINESS SPACE or INVESTMENT OPPORTUNITY or BOTH!! This location on the west side of Salem, IN sits in a highly visible area at the Jct. of W. State Road 56 & W. State Road 60. Property could potentially have three businesses in one location. Front building could be used as one unit or easily converted to a business duplex. Rear building has a 15x30 office area with half bath & 3 car garage. Both buildings are equipped with NGFA heating. Ample parking, access from two points & signage.

Type:
Office
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2.21 Acres
Year built:
1940
Baths:
MLS#:
2021012424

ADDITIONAL INFORMATION

What a great opportunity! Prime commercial OR Victorian Residential 3bd/1.5ba! Old spring house where founding fathers gathered is on site! 2.21 acres in the heart of Salem, right on the main strip! Property is completely fenced in. 1.5 story home full of old fashioned character! 20x24 detached garage. 28x28 barn with loft. Perfect location for your new business or dream home! Endless Opportunities for this property!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.62 Acres
Baths:
MLS#:
2021012333

ADDITIONAL INFORMATION

BUILD IT AND THEY WILL COME..... This prime location has a very high traffic count daily and situated a busy stoplight intersection, this amazing location has a front as well as a back entrance on S High Street. All city utilities are available. So many options with this location... restaurant, retail, office, sales, the possibilities are endless. Start dreaming today!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.3 Acres
Baths:
MLS#:
2021012302

ADDITIONAL INFORMATION

VERY HIGH TRAFFIC CORNER COMMERCIAL LOCATION...This is your affordable B-1 zoning location... All city utilities ae available, site ready, immediate possession. Make your dream business come true.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.5 Acres
Year built:
1970
Baths:
MLS#:
2021011844

ADDITIONAL INFORMATION

PEACEFUL COUNTRY LIVING/FORMER CHURCH....1.5 Acres, ALL BRICK, 3300+ sq. ft., 2- 1/2 baths, metal roof, large paved drive, front covered porch, & immediate possession. Selling "as is".

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.05 Acres
Year built:
1940
Baths:
MLS#:
2021011834

ADDITIONAL INFORMATION

Historic Retail and Living/Residential space located right on the Square in Downtown Salem, IN! This building hosts over 4,000 Sq Ft that is awaiting your custom design! 2nd floor living space has a separate entrance while business customers have sidewalk entry and ample parking on the square. Great location, perfect for retail/business/office space. Updated electrical, new HVAC and roof! 2nd floor has enough room for 4 efficiency apartments. Unlimited potential and income producing opportunities!

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.52 Acres
Year built:
1964
Baths:
MLS#:
2021010794

ADDITIONAL INFORMATION

Check out this HUGE opportunity to own an established, well loved locally owned Restaurant and Bar! Mamma Rosa's has been in business for 30+ years and is a local favorite for Pizza and other Italian dishes! The sauce is an authentic Italian recipe. Bill's American Pub offers a wide selection of Craft Beers on tap, and is a great place to hang out and meet friends! Three way liquor license, all business equipment and contents included in sale. Two generators power the business in case of a power outage. The owner's 1560 square foot house next door is being included in the sale so you could live right next door, or possibly rent it out for extra income! Come see this local favorite!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
3.36 Acres
Baths:
MLS#:
202109447

ADDITIONAL INFORMATION

PRIME DEVELOPMENT directly across from Walmart on Highway 56. Corner lot with 4-way traffic light leading into the Walmart parking lot. The entire property is B-1 Commercial, and is primed and ready for development.

Type:
Retail
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
3.77 Acres
Year built:
1989
Baths:
MLS#:
202109288

ADDITIONAL INFORMATION

JUST REDUCED! Prime Investor Opportunity! Over 40,000 square feet of space across 6 buildings with massive opportunity and unlimited potential as to what can go in them! Great location on Jackson St/St Rd 60! Has loading dock for semi access! Plenty of parking! Call today!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.05 Acres
Year built:
1983
Baths:
MLS#:
202109213

ADDITIONAL INFORMATION

Great location on with Hwy 60 frontage across from auto dealership! Showroom! 2 garage door/storage area with overhead doors! Possible Efficiency apartment! Considerable parking! Currently used for storage.

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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

Information is provided exclusively for consumers personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025, Southern Indiana Realtors Association. All rights reserved.


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


Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS. All rights reserved.



Salem Real Estate

The median home value in Salem, IN is $185,000. This is higher than the county median home value of $173,500. The national median home value is $338,100. The average price of homes sold in Salem, IN is $185,000. Approximately 66.78% of Salem homes are owned, compared to 27.89% rented, while 5.33% are vacant. 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 Salem real estate agent to arrange a tour today!

Salem, Indiana has a population of 6,276. Salem is more family-centric than the surrounding county with 27.62% of the households containing married families with children. The county average for households married with children is 26.57%.

The median household income in Salem, Indiana is $43,021. The median household income for the surrounding county is $53,932 compared to the national median of $69,021. The median age of people living in Salem is 37.9 years.

Salem Weather

The average high temperature in July is 87 degrees, with an average low temperature in January of 22.7 degrees. The average rainfall is approximately 45.7 inches per year, with 14.4 inches of snow per year.

Salem Real Estate Market Conditions

  • Median sales price

    $185,000
    15.2% change since last quarter
  • # Active listings

    959
    30-day change

Salem Schools and Demographics

Education near Salem, IN

Metric City County
High School Graduates 84.29 86.67
College Degree - 2 year 12.55 10.34
College Degree - 4 year 12.27 12.84
Graduate Degree 3.35 2.81
Expenditures per Student 12,085 12,085
Students per Teacher 13.7 13.7

Elementary Schools near Salem, IN

School Grades Students P/T Ratio ZIP
Bradie Shrum Elementary KG - 05 909 18.9 47167
East Washington Elementary School KG - 04 528 22 47165
Johnson Elementary School PK - 05 221 13.8 47170
Morgan Elementary School PK - 05 484 21 47164
Scottsburg Elementary School KG - 05 480 20.9 47170
Vienna-Finley Elementary School KG - 05 310 18.2 47170
West Washington Elementary School KG - 06 410 17.1 47108

Middle Schools near Salem, IN

School Grades Students P/T Ratio ZIP
East Washington Middle School 05 - 08 493 19.3 47165
Salem Middle School 06 - 08 463 14.9 47167
Scottsburg Middle School 06 - 08 594 18 47170

High Schools near Salem, IN

School Grades Students P/T Ratio ZIP
Eastern High School 09 - 12 450 17.3 47165
Salem High School 09 - 12 560 17 47167
Scottsburg Senior High School 09 - 12 858 18.9 47170
West Washington Junior/Senior High School 07 - 12 407 15.1 47108

Demographics near Salem, IN

Metric City County
Neighborhood Type Suburban
Population 6,276 28,025
Population Density 1,569 55
Median Age 37.9 40.7
People per Household 2.5 2.6
Median Household Income 43,021 53,932
Average Income per Capita 22,633 26,393