1000 Market StSalem, IN 47167

Property Details for 1000 Market St

Year built

1987

Lot size

4.53 AC

Property type

Commercial real estate

APN

88-24-18-443-041.000-022

APU

882418443041000022

Description

This exceptional 1,440 square foot property located at 1000 W Market Street, Salem, Indiana, presents a unique investment opportunity. Situated on a generous 4.53-acre lot, the property boasts a substantial 54x48 foot garage, ideal for various commercial uses. The garage features two 12-foot roll-up doors, providing convenient access for large vehicles or equipment, and a single service door for added functionality. Inside, you'll find a well-insulated structure, ensuring comfortable year-round use. Above the garage is a 12x32 foot office space, offering valuable administrative or meeting space. Utilities are readily available, including electricity and water, with natural gas also accessible. The property's flat to gently rolling terrain offers excellent building sites, complemented by ample road frontage and extensive parking areas. This versatile property is perfect for a range of businesses seeking a combination of workshop space, office accommodations, and substantial land for expansion or future development. Its strategic location in Salem, Indiana, provides easy access to transportation routes and local amenities. The combination of size, features, and location makes this an attractive proposition for discerning buyers. Don't miss this chance to acquire a property with significant potential.

• Alternative Use

  Use

  Valuation

  Residential

  $27,861,290

  Hospitality

  $25,520,792

  Educational

  $21,233,000

  Medical

  $21,963,236

  Retail

  $33,029,110

Location Insight

City

Salem

County

Washington

State

Indiana

Latitude

38.6032

Longitude

-86.113

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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