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!
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School Ratings & Info
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!
© 2025 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2025-01-16T07:45:09.167.