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106 S Main Street, Salem, IN 47167

Washington County

Key Facts

4,388Sq Ft
1910Year Built
0.05Lot (acres)

Description

What a great opportunity to own a historic building just off the south side of the HISTORIC SALEM SQUARE. This commercial building offers great income potential. The main level has a 1bed/1bath apartment in the rear with entrance from the back, the front of the main level is office space with a full bathroom. Upstairs you will find a 3bed/2bath apartment. For even more rental income there is office rental space available in the 27 x 15.8 basement. Call to schedule your showing today!!

Property Information

Property Type

Commercial Sale

Sub-Type

Office

Year Built

1910

Living Area

4,388 sq ft

Lot Size

0.05 acres

Days on Market

16

MLS® Listing#

202608997

Property Features

Construction

Frame

Financial Details

Annual Taxes

$1,611

Parcel Number

0220212317

Directions

Just off of the Salem Square on the South Side

Affordability Calculator

$50,000

Estimated monthly payment

$1,331/mo

Principal $200,000 · Est. interest $279,018 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Salem, IN

$248,485
Median Listing Price
52
Median Days on Market
1,404
Median Sq Ft
$157
Median Price / Sq Ft
68
Active Listings
  • This home’s price is 1% above the area median.
  • Its price per sq ft is 64% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Salem, IN.

Location

Map showing the location of 106 S Main Street, Salem, IN 47167

Getting Around

Walk
Bike

Somewhat Walkable

Walk Score details ↗

Points of Interest in Salem, IN

Showing the Salem area map.

Nearby Schools

  • Salem Schools

    School · 0.5 mi away

  • Salem High School

    Secondary · 0.6 mi away

  • Salem Middle School

    Secondary · 0.7 mi away

  • Bradie Shrum Elementary

    Elementary · 0.8 mi away

  • West Washington School Corporation

    Elementary · 7.5 mi away

  • East Washington Middle School

    Secondary · 8.2 mi away

  • Southern Hills Mennonite School

    School · 10.2 mi away

  • William W Borden High School

    Secondary · 12.5 mi away

  • Borden Elementary School

    Elementary · 12.5 mi away

  • Medora Junior Senior High School

    Secondary · 15.6 mi away

  • Morgan Elementary School

    Elementary · 15.8 mi away

  • Greenville Elementary School

    Elementary · 16.9 mi away

  • Scottsburg Senior High School

    Secondary · 18.1 mi away

  • Vienna-Finley Elementary School

    Elementary · 18.4 mi away

  • Scottsburg Elementary School

    Elementary · 18.4 mi away

  • Henryville Junior & Sr High School

    Secondary · 18.4 mi away

  • Henryville Elementary School

    Elementary · 18.4 mi away

  • Austin Elementary School

    Elementary · 18.6 mi away

  • Scott County School District 1

    School · 18.6 mi away

  • Austin High School

    Secondary · 18.7 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
102 Nichols Avenue, Salem, IN$175,000311,192
202 Willow, Salem, IN$175,900311,040
702 W Becks Mill Road, Salem, IN$179,900
500 Florence Street, Salem, IN$179,90031936
500 E Homer Street, Salem, IN$182,000211,008
0 N Rush Creek Road, Salem, IN$185,000

Moving Cost Estimate

EXIT Agents in Salem

Listing Courtesy: Mainstreet REALTORS - 812-883-9555

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southern Indiana REALTORS® Association. 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. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Southern Indiana REALTORS® Association. All Rights Reserved.

Last Updated: 2026-06-08

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by SouthernIndianaRealtorsAssociation. MLS® Listing#202608997. © 2026EXIT Realty®. All rights reserved.