205 Main St Salem, IN 47167

This 3,524 square foot commercial property at 205 N Main Street, Salem, IN, presents a unique investment opportunity. The building boasts five offices, a conference room, and a large two-bay attached garage, providing ample space for a variety of uses. Three additional storage units offer extra versatility. The property benefits from excellent road frontage on a high-traffic section of Main Street, ensuring high visibility. A new HVAC system was installed in 2020, minimizing maintenance concerns. Currently generating a stable monthly income of $1,150 from month-to-month tenants, this property offers immediate return on investment. The seller is open to considering a contract sale with a $50,000 down payment. Alternatively, the owner may consider a monthly lease at $2,300 per month plus utilities, providing flexibility for potential buyers. This versatile property is ideal for businesses seeking a prominent location with substantial space and existing income potential. The property sits on a 0-acre lot.