800 Main StSalem, IN 47167

  • Commercial real estate
  • 3,087 SF
For Sale
$550,000 View listing

Property Details for 800 Main St

Year built
1920
Construction
WOOD
Lot size
0.36 AC
Property size (Sq ft)
3,087 SF
Property type
Commercial real estate
APN
88-24-17-221-052.000-022
APU
882417221052000022

Description

This exceptional business opportunity presents the chance to acquire the renowned Cheddar Depot, a thriving establishment located at 800 N Main Street in Salem, Indiana. Boasting a prime location near schools, a hospital, nursing homes, and factories, this award-winning business benefits from strong daily foot traffic. Cheddar Depot offers a diverse menu including hand-dipped ice cream, a wide selection of cheeses, fudge, candies, and deli sandwiches. All recipes, equipment, and inventory are included in the sale, ensuring a smooth transition for the new owner. The business is well-established and known for its high-quality cheeses, which are shipped nationwide. Cheddar Depot also caters to local school districts and handles event orders, providing additional revenue streams. The property includes a comfortable covered porch and a picnic area for customer relaxation. The sale encompasses both the real estate and all business assets, facilitating a seamless transfer of ownership. Please note that the adjacent ice house/white shed near the picnic area is not included in the sale. The property sits on a 0.36-acre lot. The asking price for this turnkey operation is $550,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $435,864
    Hospitality
    $399,249
    Educational
    $332,171
    Medical
    $343,595
    Retail
    $516,710

Location Insight

City
Salem
County
Washington
State
Indiana
Latitude
38.6134
Longitude
-86.1011
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,489
$73,200
$43,100
$116,300
-
$73,200
$43,100
$116,300

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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 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 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].