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1101 S Main Street

Salem, IN 47167
  • $199,900
  • STATUS: Active
  • ON SITE: 265 Days
  • ID#: 2024011620
$199,900
  • 4
    BEDS
  • 1.93
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,388
    SQFT
  • $84
    $/SQFT
Type:
Single-Family Home
Built:
1920
County:
Area:

School Ratings & Info

Description

Attention Storage Unit Investors! GREAT Income Property is zoned B1. Seller has engineering plans for 88 storage units to be built on the property and is approved by the state of Indiana. Large Home is a fixer upper but can be 4+ bedrooms along with a newer garage added to the home and would make a great rental property or small business location. Home is sold as is and needs a lot of repairs. When completed, the property has the potential to gross $7500+ per month in income. Property is located 1 mile south of the Salem Square between the square and the bypass. Great location, with a lot of potential. Seller is a licensed real estate agent. Please verify square footage of home if important.

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© 2025 Southern Indiana Realtors Association. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or WSG Homes and Properties | Keller Williams Louisville East. Data last updated: 2025-07-09T00:04:45.043.
www.wsghomesandproperties.com/homes/156824641
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1101 S Main Street Salem, IN 47167

  • Price: $199,900
  • Status: Active
  • On Site: 265 Days
  • ID#: 2024011620
4
Beds
2
Baths
0
½ Baths
1.93
Acres
2,388
SQFT
$84
$/SQFT
1920
Built
County:
Washington
Area:
Salem
Property Description
Attention Storage Unit Investors! GREAT Income Property is zoned B1. Seller has engineering plans for 88 storage units to be built on the property and is approved by the state of Indiana. Large Home is a fixer upper but can be 4+ bedrooms along with a newer garage added to the home and would make a great rental property or small business location. Home is sold as is and needs a lot of repairs. When completed, the property has the potential to gross $7500+ per month in income. Property is located 1 mile south of the Salem Square between the square and the bypass. Great location, with a lot of potential. Seller is a licensed real estate agent. Please verify square footage of home if important.
Exterior Features

Architectural Style Two Story Attached Garage YN Yes Construction Materials Wood Siding Exterior Features Porch Foundation Details Crawlspace Cellar Garage YN Yes Lot Features Corner Lot Other Parking Off Street Other Structures Garage(s) Parking Features Attached Garage Patio And Porch Features Covered Porch Road Surface Type Paved Roof Shingle

Interior Features

Above Grade Finished Area 2388 Basement Crawl Space Basement YN Yes Below Grade Finished Area 0 Building Area Total 2388 Cooling Central Air Cooling YN Yes Fireplace YN No Heating Forced Air Heating YN Yes Interior Features Entrance Foyer Eat-in Kitchen Bath in Primary Bedroom Main Level Primary Pantry Utility Room Laundry Features Main Level Laundry Room Levels Two Rooms Total 9

Property Features

Development Status Proposed Listing Terms Cash Conventional New Construction YN No Occupant Type Vacant Possession Close Of Escrow Property Condition Resale Property Sub Type Residential Property Sub Type Additional Residential Sewer Public Sewer Tax Annual Amount 3387 Township Washington Water Source Connected Public Zoning Commercial Zoning Description Commercial

Listing courtesy of Nathan Soliday at Streamline Real Estate, LLC: 812-620-0046.


© 2025 Southern Indiana Realtors Association. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or WSG Homes and Properties | Keller Williams Louisville East. Data last updated: 2025-07-09T00:04:45.043.
 
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