For Sale
$199,000

300 Mulberry St Salem, IN 47167

Spacious building, ample parking, great location.

Overview

Added:
Feb 3
Days on market:
78
This expansive 10,246 square foot commercial building, situated on a 0.61-acre lot at 300 W Mulberry Street in Salem, Indiana, presents a unique investment opportunity. The property boasts a solid concrete slab foundation and offers significant potential for a variety of commercial uses. Its history is rich and varied, having previously served as a church, grocery store, and theater, demonstrating its adaptability to diverse business needs. The building currently features two full restrooms, each with two stalls, providing ample facilities for customers and employees. Furthermore, remnants of a large kitchen, previously utilized by the church, remain, suggesting potential for a food service establishment. The substantial parking area surrounding the building ensures convenient access for patrons and staff. Partial conversion work has already begun to create two apartments, offering additional income potential or the possibility of owner-occupied space. This versatile property is ideally suited for a wide range of businesses seeking a prominent location in Salem, Indiana. The building's size, ample parking, and flexible layout make it an attractive proposition for entrepreneurs and investors alike. This is a rare opportunity to acquire a substantial commercial property in a desirable location.

Property Details for 300 Mulberry St

Property type
Commercial real estate
Square Feet
10,246 SF
Year Built
1958
Lot Size (sq. ft)
26,572 SF

Location Insight

City
Salem
County
Washington
State
Indiana
Latitude
38.60742
Longitude
-86.10372

FAQs

What type of property is this?
Commercial real estate - Spacious building, ample parking, great location.
Where is the commercial real estate located?
The property is located at 300 Mulberry St Salem, IN.
What is the asking price?
The asking price for this property is $199,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
300 Mulberry St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message