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Listed by MELISSA JARRELLof Equity Realty Group
$ 229,000
Est. payment /mo
Active
115 W Main Street Salem, IL 62881
5,638 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,638 sqft
Price per Sqft $40
MLS Listing ID 12585407
Year Built 1910
Annual Tax Amount $2,204
Tax Year 2024
Property Sub-Type Mixed Use
Property Description
115 W Main St, Salem, IL Prime commercial opportunity located in the heart of downtown Salem. THIS IS in the Enterprise Zone & TIF3 Just 5 minutes from I-57, this property offers convenient access to surrounding cities including St. Louis (1 hour 20 minutes), Paducah, KY (1 hour 55 minutes), Evansville, IN (1 hour 52 minutes), and Chicago (3 hours 49 minutes). This B-2 zoned commercial building offers nearly 6,000 square feet of space and has been home to several successful businesses throughout the years. With its downtown location and strong commercial presence, the property provides excellent visibility and accessibility for a wide variety of business opportunities. The building has seen several updates in recent years and is in very good condition, offering a solid foundation for its next owner or business venture. Inside you will find a bar area equipped with double sinks and small refrigerators, along with two separate restrooms. The ladies restroom includes two stalls, while the men's restroom features a urinal and one stall. Both levels of the building currently include partitioned spaces that allow for separation of rooms, making it ideal for offices, retail sections, or private areas. These partitions could also be removed if a more open floor plan is desired. With substantial square footage, flexible interior layout, and established B-2 zoning, this property offers excellent potential for a variety of uses including restaurant, bar, retail, office space, event venue, or other service-based businesses.
Location
State IL
County Marion
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Roof Type Other
Building
Foundation Concrete Perimeter
Structure Type Block,Steel Siding,Brick,Glass
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