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1101 S Main Street

Salem, IN 47167
  • $249,900
  • STATUS: Active
  • ON SITE: 119 Days
  • MLS #: 2022013536
UPDATED: 37 min ago
$249,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
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 built on the property and is awaiting state approval. 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. Seller has been quoted $175k to build 88 storage units + concrete and excavation. 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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© 2023 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 Keller Williams Realty Consultants. Data last updated: 2023-03-29T09:04:26.003.
www.yournextkentuckianahome.com/homes/135089575
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1101 S Main Street Salem, IN 47167

  • Price: $249,900
  • Status: Active
  • On Site: 119 Days
  • Updated: 37 min ago
  • MLS #: 2022013536
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
Salem
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 built on the property and is awaiting state approval. 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. Seller has been quoted $175k to build 88 storage units + concrete and excavation. 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.
Property Features

Current Use Other Development Status Proposed Property Condition Resale Property Sub Type Other Property Sub Type Additional OtherResidential Tax Annual Amount 459 Township Washington

Listing courtesy of Nathan Soliday at Brixton Realty, Llc: 812-620-1705.


© 2023 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 Keller Williams Realty Consultants. Data last updated: 2023-03-29T09:04:26.003.
 
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Jeffersonville IN, 47130