106 S Main ST, Salem, IN 47167
106 S Main ST, Salem, IN 47167
106 S Main ST, Salem, IN 47167
106 S Main ST, Salem, IN 47167
106 S Main ST, Salem, IN 47167
106 S Main ST, Salem, IN 47167
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$ 250,000
Est. payment | /mo

2,178 Sqft Lot


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$ 250,000
Est. payment | /mo
Save

2,178 Sqft Lot

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202608997

Construction Status Resale

Year Built 1910

Annual Tax Amount $1,611

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type Business

Property Description

A Rare Investment Opportunity Just Steps from Historic Salem Square! Don't miss this incredible opportunity to own a beautifully remodeled historic building just off the south side of Historic Salem Square! Offering charm, versatility, and multiple income-producing possibilities, this three-story commercial property is a unique investment opportunity with endless potential. Completely remodeled throughout all three levels, the building features numerous recent updates, including a new roof, replacement windows, and three heating and air conditioning units, all installed within the past five years. The main level offers a spacious front office area complete with a full bathroom, along with a private 1-bedroom, 1-bath apartment in the rear featuring its own separate entrance. Upstairs, you'll find an additional 3-bedroom, 2-bath apartment, providing even more rental income potential. Need another income stream? The basement offers approximately 27' x 15.8' of additional space that could be utilized for office rentals or other business opportunities. Whether you're looking to expand your investment portfolio, operate a business while generating rental income, or create a charming boutique Airbnb, this property offers multiple possibilities in a desirable historic downtown location. Three levels. Multiple income opportunities. Endless potential! Call today to schedule your private showing and explore all this unique property has to offer!

Location

State IN

County Washington

Area Downtown

Direction Just off of the Salem Square on the South Side

Interior

Fireplace No

Exterior

Present Use Multi-Family,Office,Other,Restaurant,Retail

Building

Construction Status Resale

Others

Tax ID 0220212317

Listed by Mainstreet REALTORS

Nearby Locations

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106 S Main ST