115 W Main ST Salem, IL 62881

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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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

Area Salem

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Roof Type Other

Building

Dwelling Type Mixed Use

Structure Type Block,Steel Siding,Brick,Glass

Listed by MELISSA JARRELL of Equity Realty Group

Nearby School & Business

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106