About This Home

This 0-bedroom, 0-bathroom commercial at 206 W Walnut Street in Salem, IN is listed for $250,000 ($64 per sqft). Built in 1965, the home offers 3,885 sqft of living space on a 0.86 acres lot.

Key Features

  • Built in 1965
  • 0.86 acre lot
  • 35 parking spaces

Property Details

35 spaces
1965
Listing Description

Endless possibilities await with this large commercial property offering approximately 0.86 acre across two separate parcels bordering two main roads! The main building features nearly 4,000 square feet of open space, two private offices, a bathroom, a receiving dock, and two entry doors.

Improvements in 2017 included two new AC units, two new furnaces, a water heater, new flooring, and a partial roof replacement. New duct work in 2025. The building was freshly painted in 2023. Three additional buildings provide even more flexibility for storage, workspace, or business operations.

One is an open-sided 24' x 60' structure with 14' clearance. Another measures 26' x 50' and features a large room with a garage door. The additional storage building includes three sliding doors and four open bays. Approximately 35 parking spaces are available, with the potential for additional parking on the adjoining lot.

Possible uses include retail, hardware, lawn and garden, flea market, mower sales or repair, floral shop, storage, and many other business opportunities. Bring your vision and explore the possibilities this versatile commercial property has to offer! Call to schedule your showing today!!

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

206 W Walnut Street

Salem, IN 47167

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 206 W Walnut Street is listed at $250,000 ($64/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1965, 0.86 acre lot, 35 parking spaces.

This property is listed by Mary McCoskey Finkle.

MF

Mary McCoskey Finkle

Agent at Mainstreet Realtors

Listed by Mainstreet Realtors · Broker phone: (812) 883-9555 · Broker website

MLS# 2026012657· Source: Southern Indiana REALTORS Association· 1 day on PropertySimple

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.

206 W Walnut Street, Salem, IN 47167

Open this listing in: