Listing provided courtesy of The Day Company REALTORS- MLS# 202608149MLS ProviderContact Information: 812-883-5112

1700 W State Road 56Salem, IN 47167

Commercial · 0.40 Acres
$149,900 Active

1700 W State Road 56 Overview

Time on Site:
53 days
Visits:
0

BUSINESS SPACE or INVESTMENT OPPORTUNITY or BOTH!! This location on the west side of Salem, IN sits in a highly visible area at the Jct. of W. State Road 56 & W. State Road 60. Property could potentially have three businesses in one location. Front building could be used as one unit or easily converted to a business duplex. Rear building has a 15x30 office area with half bath & 3 car garage. Both buildings are equipped with NGFA heating. Ample parking, access from two points & signage.

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1700 W State Road 56 Facts & Features

  • Type Commercial
  • Lot 0.40 Acres

Details

General

Building Information

  • Year Built: 1950

Business Information

  • Current Use: Medical/Dental,Office,Other,Retail,Special Use

Location/Region

  • County Or Parish: Washington
  • Postal City: Salem
  • Township: Washington

Tax Information

  • Tax Annual Amount: 1143.0

General Information

  • Parcel Number: 882313000058000021
  • Property Condition: Resale
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Special Listing Conditions: Estate

Interior

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 3272.0

Exterior

Parking Information

  • Other Parking: Other
  • Parking Total: 12.0

Lot Information

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 17424.0
  • Lot Size Units: Acres

Building Exterior/Construction

  • Construction Materials: Frame

General Information

  • Number Of Units Total: 0

1700 W State Road 56 Neighborhood

Community

47167 (SALEM) Demographics

40
Median Age
67
Population Density (per sq. mile)
21%
College Educated
$48,985
Estimated Median Income
4,323
Estimated Total Home Owners
1,370
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1700 W State Road 56 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1700 W State Road 56 Market Data

Based on the last 30 days in this zip code

$279,274
Average List Price
$139
Average Price per Square Foot
10
Properties Sold
99
Average Days on Market
82
Properties for Sale
Calculations provided by Reliance Network

1700 W State Road 56 History

Date Event Value Agent
5/8/2026Source: Southern Indiana MLS Added to Database
May 08, 2026