1101 S Main Street

1101 S Main Street Salem, Indiana 47167 United States

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.

Listing Courtesy of Brixton Realty, LLC ,SIRA MLS

The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.