317 N Ellsworth Avenue, Salem, OH 44460

$35,000

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List Price
$35,000
Status
ACTIVE
Days on Market
15
MLS#
5225122
Subtype
Commercial Sale
Year Built
1908
Acres
0.15
Subdivision
John Streets Add
Neighborhood
John Streets Add
MLS Area Major
Salem

Property Description

Investment opportunity in the heart of Salem! Situated on approximately 0.19 acres, this commercially zoned property offers over 2,100 square feet and is ready for its next chapter. The building is in need of substantial rehabilitation and is being sold as-is. Buyers should conduct their own due diligence regarding the property's condition, intended use, zoning requirements, and any permits, inspections, or approvals that may be required by the City of Salem prior to redevelopment or occupancy. Located in a commercial corridor with C-2 General Commercial zoning, this property offers potential for a variety of commercial uses, subject to municipal approval. The property is believed to be located within Salem's Community Reinvestment Area (CRA), which may provide redevelopment incentive opportunities for qualifying improvements. Whether you're looking to restore, renovate, or reimagine the space, this property presents an opportunity to invest in a location with future potential.

Additional Information

Taxes
$1,723
Zoning
Retail
Heating
None
School District
Salem CSD - 1508

Listing Courtesy of: Megan Eckstein, MoveWithMeganE@gmail.com With Keller Williams Legacy Group Realty

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