1407 W Main StreetSalem, IL 62881
Marion County
$295,500List price
2,533Sq Ft
1977Year built
1.00Acre lot
1Stories
16 months agoOn market
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.
Property Information
- Property type
- Commercial Sale
- Sub-type
- Business
- Year built
- 1977
- Stories
- 1
- Building area
- 2,533 Sq Ft
- Lot size
- 1.00 acres
- Lot dimensions
- 128x276 plus additional
- Zoning
- B-3
- Days on market
- 502
- MLS® Listing#
- EB458096
Property Features
- Cooling
- Central Air
- Flooring
- Tile
- Construction
- Brick · Frame
Financial Details
- Annual taxes
- $10,886Tax year 2025
- Parcel number
- 1100022181
Directions
Route 50 in Salem, from Interstate 57 take Route 50 east. Property is on the south side of Route 50
Listing Courtesy: SOMER REAL ESTATE - 6185485123
Based on information submitted to the MLS GRID as of 2025-05-23. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-05-23
