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1838 E State St 4,861 SF Retail Building Salem, OH 44460 $725,000 ($149.15/SF)
Investment Highlights
- Former Bank with drive-thru
- By Salem Hospital
- Easily converted to office / retail
Executive Summary
Redevelopment site! Ideal for fast food, car wash, retail, medical, office, etc.
Approximately 1 acre with 201’ frontage
4,861 SF building + adjacent vacant lot
Located just west of Salem Hospital, next to Taco Bell & McDonalds
Approximately 1 acre with 201’ frontage
4,861 SF building + adjacent vacant lot
Located just west of Salem Hospital, next to Taco Bell & McDonalds
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
4,861 SF
Building Class
C
Year Built
1991
Price
$725,000
Price Per SF
$149.15
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.00 AC
Zoning
Commercial
Parking
20 Spaces (4.11 Spaces per 1,000 SF Leased)
Frontage
201’ on State St
Amenities
- 24 Hour Access
- Pylon Sign
- Signage
- Drive Thru
- Monument Signage
- Air Conditioning
Nearby Major Retailers
1 of 18
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1838 E State St
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