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7 W Pearl Street

North Salem, IN 46165

ActiveListed Jun 28, 2023 · 1071 days on market

Key facts

Living area
2,520 sqft
Lot
0.06 acres
Year built
1900
Type
Commercial Sale · Retail
MLS #
21929161
County
Hendricks
Subdivision
No Subdivision
Total building area
2,520 sqft

About this home

Great opportunity to own and operate your own business. Ideal location for a BREAKFAST/LUNCH restaurant in downtown as there is no competition for miles. Or operate your restaurant specializing in your favorite menu. New flooring, painting throughout, LED lighting, new kitchen equipment (except for four stainless steel tables) including tables/chairs, and all essentials, dishes, utensils, etc are included in sale. (The coffee, hot chocolate, ice tea machines only stay if new owner purchases those supplies from Farmer Brothers.) New exterior cooler is partially completed with remaining wall and cooler system available on site. Property being sold "AS IS". (New pictures of kitchen arriving soon)

Description provided by the listing brokerage.

Systems

Heating
Natural Gas
Cooling
Central Air
Utilities
Natural Gas ConnectedSep Electric MeterSep Sewer MeterWater Connected

Lot and HOA

Zoning
Commercial

Schools

Middle school
Tri-West Middle School
High school
Tri-West Senior High School
School district
North West Hendricks Schools

Taxes

Estimated annual tax
$2,096 / yearTwice the semi-annual installment the listing reports.
Tax year
2022

Estimate your monthly payment

$2,061per month, estimated
Principal and interest $1,764Property tax $175Insurance $123
20% · $70,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$350,000
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