N Main St. Salem Property

Retail-Commercial for Sale
Catylist Listing ID: 30841608
Building Size (RSF): 3,149 SF
Gross Building Area: See Agent
Gross Land Area: 0.20 Acres
Sale Price: $220,000
Unit Price: $69.86 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/2/2023

Overview / Comments

Prime Commercial parcel in Salem with frontage along N Main St (Hwy 135), just north of the Historic Salem Square. This is the Northern parcel of the Block which is adjacent to N Main (hwy 135) / Hackberry St (hwy 60) intersection. Electric, Gas, Sewer Available. Parcel is also bordered to the north by Salem Ave and an Alley to the east. There is a house on the property, currently being utilized as a successful Airbnb and a CPA office. Also, in the rear there is a carriage house, now converted into 2 efficiency rental units.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Washington
Tax ID/APN: 882417331018000022
Property Visibility: Excellent
Largest Nearby Street: N. Main St. (hwy 60)
Airports: Louisville International Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Property Condition: Good
Water Service: Municipal
Sewer Type: Municipal
Legal Description: O.P. N PT Lot 46

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,101 9,449 10,941
Median Age: 39.76 40.02 39.84
Households: 1,338 3,833 4,383


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