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Online Auction - Bidding starts at $100,000 1516 S Lincoln Ave 4,680 SF 100% Leased Retail Building Salem, OH 44460 $100,000 ($21.37/SF)
INVESTMENT HIGHLIGHTS
- Corner Lot
- Block building in great condition
- Multiple Use property
EXECUTIVE SUMMARY
Strategically located on a visible corner lot facing South Lincoln Avenue and Southeast Boulevard with strong traffic exposure and easy access.
Versatile layout: finished office entry with foyer/reception, two private offices (10×14 & 16×18), large conference room (18×28), half-bath, and crew room (16×20) with kitchen and full shower bath.
Two large shop spaces: 28×48 north end with dual overhead doors (10×10 & 10×12), radiant gas heat and 200 A electric; 30×48 south end with one overhead door (10×10) and 200 A electric — ideal for manufacturing, vehicle repair, fabrication, or warehousing.
Durable block construction with steel roof, adaptable to a wide range of commercial uses.
Excellent value and opportunity: competitively priced in a market where flexible commercial/industrial space is increasingly hard to find, especially on nearly half an acre of land.
Possible Uses: Office + warehouse/fabrication hub, automotive service/repair center, contractor yard with shop space, light manufacturing, logistics hub, or investor redevelopment.
Versatile layout: finished office entry with foyer/reception, two private offices (10×14 & 16×18), large conference room (18×28), half-bath, and crew room (16×20) with kitchen and full shower bath.
Two large shop spaces: 28×48 north end with dual overhead doors (10×10 & 10×12), radiant gas heat and 200 A electric; 30×48 south end with one overhead door (10×10) and 200 A electric — ideal for manufacturing, vehicle repair, fabrication, or warehousing.
Durable block construction with steel roof, adaptable to a wide range of commercial uses.
Excellent value and opportunity: competitively priced in a market where flexible commercial/industrial space is increasingly hard to find, especially on nearly half an acre of land.
Possible Uses: Office + warehouse/fabrication hub, automotive service/repair center, contractor yard with shop space, light manufacturing, logistics hub, or investor redevelopment.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,680 SF
Building Class
C
Year Built
1900
Price
$100,000
Price Per SF
$21.37
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.47 AC
Zoning
C-2 - General Commercial
Parking
17 Spaces (4.37 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5100137000 | Improvements Assessment | $10,990 |
| Land Assessment | $19,740 | Total Assessment | $30,730 |
PROPERTY TAXES
Parcel Number
5100137000
Land Assessment
$19,740
Improvements Assessment
$10,990
Total Assessment
$30,730
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Online Auction - Bidding starts at $100,000 | 1516 S Lincoln Ave
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