121-123 W MAIN ST Active Save Request In-Person Tour Request Virtual Tour
Salem,IL 62881
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $12
MLS Listing ID EB452795
Originating Board rmlsa
Year Built 1940
Annual Tax Amount $3,504
Tax Year 2022
Lot Dimensions 127.5 x 57.5
Property Description
This beautiful old building is full of history in the downtown Salem district. With some work this gem of a building could be an amazing location for your business. If you are looking to purchase a building as an investment property. Or potentially a place for your business you will want to check this location out. There is quite a bit of income potential. Some former business housed in this space included " The added touch"," Salem Cycles" and "Ritter Farms". The Commercial location includes three separate spaces for three individual businesses or could be combined into one large location on the main level. The main floor Has a newer HVAC unit. The upstairs has four separate rental units one is currently rented for $550 a month the other three units need some TLC to get them in rentable condition. Some plumbing and electrical work has been done. With some vision and some sweat equity this building could be a great investment opportunity! NOTE: Call the City of Salem to discuss availability of Tiff funds and other possible grants available. Call today for your private showing!
Location
State IL
County Marion
Area Ebor Area
Zoning Commercial
Direction Located on Main Street in between Iuka state bank and Moore Behavior
Interior
Heating Electric
Cooling Central Air,Other,Wall/Window Unit(s)
Flooring Other,Wood
Fireplace N
Exterior
View true
Roof Type Flat,Other,Rolled/Hot Mop
Total Parking Spaces 10
Garage 1
Building
Faces Located on Main Street in between Iuka state bank and Moore Behavior
Sewer Public Sewer
Water Municipal/City
Structure Type Brick,Other,Masonry
Others
Tax ID 1100008282
Security Features No