209 S Water Street Salem, IN
$ 495,000
Property Attributes
  • MLS#202149081
  • TypeCommercial
  • CitySalem
  • AreaWashington
  • Zip47167
  • StyleRetail
  • Year Built1943
  • Taxes$ 2988
  • Price$ 495,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage17204
  • Lot Size0.73 Acres
Listing Provided Courtesy Of:
Sherri Purkhiser with Day Company REALTORS
Data Source:
Indiana Regional MLS (IRMLS) - 202 - IN
Property Description

PROFITABLE BUSINESS OPPORTUNITY...Walk into this operating business immediately after finalizing the purchase. Sellers are retiring, however, they will remain for a period of time to assist buyer with the transition if needed. This is a family owned business that has been in operation for over 50 years. The business will remain open through completion of the sale. This is a complete walk-out including equipment, inventory and real estate.

Price History
11/24/2021 Listed $495,000

General Features

# of Buildings 1
Age 78
Agent First Name Sherri
Agent Last Name Purkhiser
Bathrooms 1
Ceiling Height 16
Cooling Wall AC
Flooring Concrete
Heating Forced Air
Legal Description PT SW 17-24-4
Listing Area Washington County
New Construction No
Parking Paved
Parking Yes
Present Use Bus. Included w/Property
Roof Flat
Sewer City
Special Features Display Room, Display Window(s)
Status Active
Status Active
Stories 1
Subdivision None
Tax Year 20 pay 21
Type Retail
Year Built 1943

Interior Features

Basement Y/n No
Basement/Foundation Slab
Burglar Alarm Y/n No
Fire Protection City
Interior Height 16
Smoke/fire Alarm Y/n No
Walls Metal
Water Heater Y/n Yes

Exterior Features

Approx. Lot Size Acres 0.73
Construction Type 1 Exisiting, Frame On-Site
Driveway Concrete
Exterior Block
Fence None
Lot Dimensions .73
Lot Size Area 31799
Parking Type Parking Lot
Road Access City
Security Light Y/n Yes
Sprinkler System Y/n No
Water Softener Y/n No
Waterfront Y/N No


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

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. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS. Information last updated on December 4, 2021 1:01 PM UTC

Property vs Commercial Average in 47167

AVG $260K
AVG $2,552
Year Built
AVG 1954

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