# 106 S Main Street, Salem, IN 47167 > **TL;DR:** commercial, $250,000 ($57/sqft), built 1910, 4,388 sqft. Est. $1,337/mo. Listed 146 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $250,000 | | Price/sqft | $57 | | Square Feet | 4,388 | | Year Built | 1910 | | Lot Size | 2,178 sqft (0.05 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 146 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,264 | | Estimated Insurance | $73 | | **Total** | **$1,337** | ## Property Highlights - Built in 1910 - 0.05 acre lot ## Description ### Agent 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 - **Address:** 106 S Main Street, Salem, IN 47167 - **County:** Washington ## Listing Agent - **Name:** Mary McCoskey Finkle - **Brokerage:** Mainstreet Realtors - **Broker Phone:** (812) 883-9555 ## Photos ![106 S Main Street - Photo 1](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f1904118490r.jpg) ![106 S Main Street - Photo 2](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f2598451108r.jpg) ![106 S Main Street - Photo 3](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f2681528621r.jpg) ![106 S Main Street - Photo 4](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f3341544036r.jpg) ![106 S Main Street - Photo 5](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f3269911840r.jpg) ![106 S Main Street - Photo 6](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f991860920r.jpg) ![106 S Main Street - Photo 7](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f291664502r.jpg) ![106 S Main Street - Photo 8](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f985810463r.jpg) ![106 S Main Street - Photo 9](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f2119320312r.jpg) ![106 S Main Street - Photo 10](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f1729476771r.jpg) ![106 S Main Street - Photo 11](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f458366713r.jpg) ![106 S Main Street - Photo 12](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f4232206101r.jpg) ![106 S Main Street - Photo 13](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f3523512689r.jpg) ![106 S Main Street - Photo 14](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f4067268305r.jpg) ![106 S Main Street - Photo 15](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f2534134376r.jpg) ![106 S Main Street - Photo 16](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f4279666884r.jpg) ![106 S Main Street - Photo 17](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f1521781600r.jpg) ![106 S Main Street - Photo 18](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f305309914r.jpg) ![106 S Main Street - Photo 19](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f786833182r.jpg) ![106 S Main Street - Photo 20](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f4130106013r.jpg) ![106 S Main Street - Photo 21](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f3425962900r.jpg) ![106 S Main Street - Photo 22](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f606125010r.jpg) ![106 S Main Street - Photo 23](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f1777109480r.jpg) ![106 S Main Street - Photo 24](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f152438723r.jpg) ![106 S Main Street - Photo 25](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f3320183343r.jpg) ![106 S Main Street - Photo 26](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f3932455688r.jpg) ![106 S Main Street - Photo 27](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f3001885724r.jpg) ![106 S Main Street - Photo 28](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f1476108358r.jpg) ![106 S Main Street - Photo 29](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f2552799503r.jpg) ![106 S Main Street - Photo 30](http://lh.rdcpix.com/dca53812376cf4a0d27e975d76f70f6fl-f1508681005r.jpg) --- **MLS#:** 202608997 | **Updated:** 2026-10-30 **Source:** listhub *Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/106-s-main-street-salem-in-47167-5c1a25d6e2f64b5cb04d7c30059465ae) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/106-s-main-street-salem-in-47167-5c1a25d6e2f64b5cb04d7c30059465ae#listing", "url": "https://staging.propertysimple.ai/listing/106-s-main-street-salem-in-47167-5c1a25d6e2f64b5cb04d7c30059465ae", "name": "106 S Main Street, Salem, IN 47167", "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! 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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! 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