62 Public Sq - Storefront Retail/Office FOR SALE


Salem, IN 47167
$349,000 USD
812-883-3200
62 Public Sq, Salem, IN for Sale
$349,000 USD
Storefront Retail/Office - FOR SALE
1/90
null | Request Cap Rate

62 Public Sq
Salem, IN 47167


HIGHLIGHTS

  • Main office set up for 3 professionals and conference area also large seating and lobby area. Kitchenette and 2 half baths.
  • Newly renovated 2 Bed 1 Bath apt with W/D hook up
  • Plenty of basement storage and off street parking

OVERVIEW

Excellent opportunity for professional office space on the busy Salem Square. Includes 1794 square feet of office space on the main floor and 1164 square feet of apartment living space on the 2nd floor with separate street access. Also 1794 sq ft of storage in the unfinished basement. Includes 13 space parking lot for off street parking in rear but plenty of parking available on the public square and side streets as well. Utilized as a busy solo practitioner law office with 2-5 staff the past 12 years. A single tenant occupied the newly renovated apartment for over 10 years ending May 2024. New metal roof and sprayed flat roof in 2014. Main office renovated in 2013 and well maintained. Must see.

FOR SALE DETAILS

PRICE

$349,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1860

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

-

APN/PARCEL ID

88-24-17-334-011.000-022

ASK ABOUT THIS PROPERTY

Daniel BrownDaniel L Brown Law OfficeMore Info
812-883-3200

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Daniel BrownDaniel L Brown Law OfficeMore Info
812-883-3200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.