# 18 Public Square, Salem, IN 47167

> **TL;DR:** commercial, $299,000 ($40/sqft), built 1940, 7,548 sqft. Est. $1,599/mo. Listed 42 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $299,000 |
| Price/sqft | $40 |
| Square Feet | 7,548 |
| Year Built | 1940 |
| Lot Size | 3,485 sqft (0.08 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 42 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,512 |
| Estimated Insurance | $87 |
| **Total** | **$1,599** |

## Property Highlights

- Built in 1940
- 0.08 acre lot

## Description

### Agent Description
Exceptional investment or owner-user opportunity on Salem's historic Public Square! This versatile approximately 7,548 SF commercial property is zoned CB (Central Business) and features two completely separate street-level commercial storefronts, allowing two independent businesses to operate simultaneously. Each storefront offers its own entrance, street-level presence, large display windows and separate utilities, with the exception of shared water service. One storefront also provides access to the basement, offering additional storage and usable space. The building features three HVAC systems, three restrooms, two kitchenettes and private rear parking-a valuable feature for a downtown property. The expansive unfinished upper level, previously under renovation, provides substantial additional space and exciting potential for future development. Depending upon applicable zoning and approvals, the space may offer possibilities for residential, office, studio or other permitted uses. Located directly on Salem's historic Public Square, this property combines two independently functioning commercial storefronts, existing tenancy, excellent visibility, private parking, substantial square footage and future development potential. Whether purchased as an investment or for an owner-user seeking space for their own business while benefiting from a separate commercial unit, this property offers tremendous flexibility and long-term potential.

## Location

- **Address:** 18 Public Square, Salem, IN 47167
- **County:** Washington
- **Coordinates:** 38.606302, -86.100454
- **Google Maps:** https://www.google.com/maps?q=38.606302,-86.100454

## Listing Agent

- **Name:** Melanie Wells
- **Brokerage:** Laura Bishop llc dba HOOSIER REALTY
- **Phone:** (812) 967-2329
- **Broker Phone:** (812) 967-2329
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/SIREAIN/2026010832/?channel=propsimple)

## Photos

![18 Public Square - Photo 1](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f1894502885r.jpg)

![18 Public Square - Photo 2](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f3685939205r.jpg)

![18 Public Square - Photo 3](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f2608549542r.jpg)

![18 Public Square - Photo 4](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f888939240r.jpg)

![18 Public Square - Photo 5](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f836431509r.jpg)

![18 Public Square - Photo 6](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f2553022786r.jpg)

![18 Public Square - Photo 7](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f678493961r.jpg)

![18 Public Square - Photo 8](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f1664538845r.jpg)

![18 Public Square - Photo 9](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f3736388579r.jpg)

![18 Public Square - Photo 10](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f1888364019r.jpg)

![18 Public Square - Photo 11](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f2466164431r.jpg)

![18 Public Square - Photo 12](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f51978379r.jpg)

![18 Public Square - Photo 13](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f1400770568r.jpg)

![18 Public Square - Photo 14](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f238078400r.jpg)

![18 Public Square - Photo 15](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f203703835r.jpg)

![18 Public Square - Photo 16](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f1302050444r.jpg)

![18 Public Square - Photo 17](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f752578548r.jpg)

![18 Public Square - Photo 18](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f2366455152r.jpg)

![18 Public Square - Photo 19](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f153735752r.jpg)

![18 Public Square - Photo 20](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f2648116984r.jpg)

![18 Public Square - Photo 21](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f2967418940r.jpg)

![18 Public Square - Photo 22](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f575540710r.jpg)

![18 Public Square - Photo 23](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f1083285176r.jpg)

![18 Public Square - Photo 24](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f3036420889r.jpg)

![18 Public Square - Photo 25](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f1228845632r.jpg)

![18 Public Square - Photo 26](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f1152107753r.jpg)

![18 Public Square - Photo 27](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f1950818914r.jpg)

![18 Public Square - Photo 28](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f2742200276r.jpg)

![18 Public Square - Photo 29](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f1844646875r.jpg)

![18 Public Square - Photo 30](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f523216471r.jpg)

![18 Public Square - Photo 31](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f2722867829r.jpg)

![18 Public Square - Photo 32](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f2987971024r.jpg)

![18 Public Square - Photo 33](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f3081601807r.jpg)

![18 Public Square - Photo 34](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f3170713357r.jpg)

![18 Public Square - Photo 35](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f4127394881r.jpg)

![18 Public Square - Photo 36](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f701859411r.jpg)

![18 Public Square - Photo 37](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f3346195922r.jpg)

![18 Public Square - Photo 38](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f1633559698r.jpg)

![18 Public Square - Photo 39](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f694100082r.jpg)

![18 Public Square - Photo 40](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f618291834r.jpg)

![18 Public Square - Photo 41](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f3931813338r.jpg)

![18 Public Square - Photo 42](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f2600731926r.jpg)

![18 Public Square - Photo 43](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f415442379r.jpg)

![18 Public Square - Photo 44](http://lh.rdcpix.com/e06db2ecd104322588c6d916dc1fadedl-f3487968961r.jpg)

---

**MLS#:** 2026010832 | **Updated:** 2026-08-11
**Source:** listhub

*Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/18-public-square-salem-in-47167-26010832)

---

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    "@type": "Person",
    "@id": "https://www.propertysimple.ai/listing/18-public-square-salem-in-47167-26010832#agent",
    "name": "Melanie Wells",
    "telephone": "(812) 967-2329",
    "worksFor": {
      "@type": "Organization",
      "@id": "https://www.propertysimple.ai/listing/18-public-square-salem-in-47167-26010832#brokerage",
      "name": "Laura Bishop llc dba HOOSIER REALTY",
      "telephone": "(812) 967-2329"
    }
  }
}
```