# 206 W Walnut Street, Salem, IN 47167 > **TL;DR:** commercial, $250,000 ($64/sqft), built 1965, 3,885 sqft. Est. $1,337/mo. Listed 2 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $250,000 | | Price/sqft | $64 | | Square Feet | 3,885 | | Year Built | 1965 | | Lot Size | 37,462 sqft (0.86 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 2 | ## 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 1965 - 0.86 acre lot - 35 parking spaces ## Description ### Agent 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!! ## Location - **Address:** 206 W Walnut Street, Salem, IN 47167 - **County:** Washington ## Listing Agent - **Name:** Mary McCoskey Finkle - **Brokerage:** Mainstreet Realtors - **Broker Phone:** (812) 883-9555 ## Photos ![206 W Walnut Street - Photo 1](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f1647980297r.jpg) ![206 W Walnut Street - Photo 2](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f4000926982r.jpg) ![206 W Walnut Street - Photo 3](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f2259641875r.jpg) ![206 W Walnut Street - Photo 4](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f1690742737r.jpg) ![206 W Walnut Street - Photo 5](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f3411509600r.jpg) ![206 W Walnut Street - Photo 6](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f1461944050r.jpg) ![206 W Walnut Street - Photo 7](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f889152229r.jpg) ![206 W Walnut Street - Photo 8](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f1257703411r.jpg) ![206 W Walnut Street - Photo 9](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f157569444r.jpg) ![206 W Walnut Street - Photo 10](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f3136559509r.jpg) ![206 W Walnut Street - Photo 11](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f1196471143r.jpg) ![206 W Walnut Street - Photo 12](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f2345264017r.jpg) ![206 W Walnut Street - Photo 13](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f2623518130r.jpg) ![206 W Walnut Street - Photo 14](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f1140805481r.jpg) ![206 W Walnut Street - Photo 15](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f3991826369r.jpg) ![206 W Walnut Street - Photo 16](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f3146928650r.jpg) ![206 W Walnut Street - Photo 17](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f2832409875r.jpg) ![206 W Walnut Street - Photo 18](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f3284389353r.jpg) ![206 W Walnut Street - Photo 19](http://lh.rdcpix.com/03d25cd6556997ad93d63f891c4ace7fl-f3077431931r.jpg) --- **MLS#:** 2026012657 | **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/206-w-walnut-street-salem-in-47167-d26f8bd2b56445a298bbcabb4a0f3cf5) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/206-w-walnut-street-salem-in-47167-d26f8bd2b56445a298bbcabb4a0f3cf5#listing", "url": "https://staging.propertysimple.ai/listing/206-w-walnut-street-salem-in-47167-d26f8bd2b56445a298bbcabb4a0f3cf5", "name": "206 W Walnut Street, Salem, IN 47167", "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. 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