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241 E State St
Salem, OH 44460
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Multi-tenant investment property
  • Fully leased
  • Residential units over retail storefronts
  • Great visibility

EXECUTIVE SUMMARY

Former Salem Trading Post - located in downtown Salem
Investment Property with many possibilities!
Full basement + 3 stories above ground
Front parking + public parking across the street
First Floor: Leased retail space
Second Floor: 2 rented apartment units
Third Floor: Rented studio apartment

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,000 SF
Building Class
C
Year Built
1930
Price
$325,427 CAD
Price Per SF
$40.68 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.62
Lot Size
0.07 AC
Zoning
Commercial
Frontage
29’ on State St

AMENITIES

  • 24 Hour Access
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5103950000
Land Assessment
$10,519 CAD
Improvements Assessment
$7,953 CAD
Total Assessment
$18,472 CAD
  • Listing ID: 32357003

  • Date on Market: 2024-07-05

  • Last Updated:

  • Address: 241 E State St, Salem, OH 44460

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