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$ 329,000
Est. payment /mo
Price Dropped by $20K
1407 W MAIN ST Salem, IL 62881
2,533 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 2,533 sqft
Price per Sqft $129
MLS Listing ID EB458096
Year Built 1977
Annual Tax Amount $10,383
Tax Year 2024
Lot Size 1.000 Acres
Lot Dimensions 128x276 plus additional
Property Sub-Type Retail/Stores
Property Description
Former restaurant located on Highway 50 in Salem. Building has over 2500 square feet including indoor area for seating, kitchen, bar and drive through window. Parking on site. Great location less than a mile from Interstate 57. Leased through December 2026. Some items remaining are tenants property. Amazing opportunity for small business owners, large companies or franchises. Additional grass area south of the parking lot allows for future parking expansion or storage needs. If you are considering buying something with highway frontage, this might be the one.
Location
State IL
County Marion
Area Salem
Zoning B-3
Interior
Cooling Central Air
Flooring Tile
Fireplace N
Building
Dwelling Type Retail/Stores
Structure Type Brick,Frame
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Stacey Russell of SOMER REAL ESTATE