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241 E State St
Salem, OH 44460
Retail Property For Sale
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
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
Building Size
8,000 SF
Building Class
C
Year Built
1930
Price
$236,000
Price Per SF
$29.50
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
| Parcel Number | 5103950000 | Improvements Assessment | $5,640 |
| Land Assessment | $7,460 | Total Assessment | $13,100 |
PROPERTY TAXES
Parcel Number
5103950000
Land Assessment
$7,460
Improvements Assessment
$5,640
Total Assessment
$13,100
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