$389,500
Salem, NY 12865
MLS# 202515946
Status: Contingent - Continue to Show
4 baths | 5319 sqft
1 / 31
Property Description
MOTIVATED SELLER - BRING YOUR OFFERS on this TURNKEY OPERATION - Income-producing mixed-use property, current monthly rental income is $2,200 per month with room for margin growth. This property has undergone extensive renovations. This is the former home of the Salem Tavern and the Railroad Street Tavern. Turnkey Operation! Lease the restaurant or operate it yourself. Upstairs you will find two spacious and immaculate apartments, one two bedroom and one three bedroom. Perfect for investors or owner occupied.
Details
Maps
Documents
Contract Information
Original List Price: 395000
Lease Considered: No
List Price/SqFt: 73.23
List Price/Acres: 3540909.09
Status: Contingent - Continue to Show
Property Sub Type: Mixed Use
List Price: $389,500
Listing Contract Date: 2025-04-24
Current Price: $389,500
Location
City/Town (Mail): Salem
Cross Street: Railroad Street
Street Number: 219
Street Direction Prefix: N
Street Name: Main
Street Suffix: Street
County: Washington
State/Province: NY
Postal Code: 12865
Geo Lat: 43.17397
Geo Lon: -73.328139
Property Detail
Stories: 2
Number Of Buildings: 1
Parking Y/N: No
Lot Size Square Feet: 4792
Zoning: Commercial
Lot Size Dimensions: 58' x 129'
Lot Size Acres: 0.11
Building Area Total: 5319
Building Available SQFT: 5319
Waterfront Y/N: No
Enhanced Accessible Y/N: Yes
Land Lease Y/N: No
Year Built: 1900
Bathrooms Total: 4
Status Change Info
Proposed Closing Date: 2026-05-15
Status Change Date: 2025-12-06
Under Contract Date: 2025-12-06
Contingent: Contingent - Continue to Show
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 534800 208.12-2-3
Tax Annual Amount: 5031.09
Tax Section: 208.12
Total Taxes Description: Actual
Tax Block: 2
Tax Lot: 3.000
School District: Salem
Elementary School: Salem
High School: Salem
Association Y/N: No
Directions & Remarks
Directions: Downtown Salem at the corner of Railroad Street and S. Main Street. Located diagonally across the street from Stewart's.
Public Remarks: MOTIVATED SELLER - BRING YOUR OFFERS on this TURNKEY OPERATION - Income-producing mixed-use property, current monthly rental income is $2,200 per month with room for margin growth. This property has undergone extensive renovations. This is the former home of the Salem Tavern and the Railroad Street Tavern. Turnkey Operation! Lease the restaurant or operate it yourself. Upstairs you will find two spacious and immaculate apartments, one two bedroom and one three bedroom. Perfect for investors or owner occupied.
Sewer
Septic Tank: 1
Accessibility Features
Accessible Approach with Ramp: 1
Current Use
Apartment Plus: 1
Restaurant: 1
Tavern Plus: 1
Architectural Style
Apartments: 1
Bar/Tavern/Lounge: 1
Restaurant: 1
Electric
200+ Amp Service: 1
Cooling
None: 1
Basement
Full: 1
Building Detail
Fire Sprinkler System Y/N: No
Construction Materials
Aluminum Siding: 1
Wood Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Business Type
Restaurant: 1
Exterior Features
Lighting: 1
Flooring
Hardwood: 1
Vinyl: 1
Showing Requirements
24 Hour Notice: 1
Agent to Accompany: 1
Occupied: 1
Sign on Property: 1
Water Source
Public: 1
Heating
Baseboard: 1
Electric: 1
Hot Water: 1
Interior Features
Chair Rail: 1
High Speed Internet: 1
Open Floorplan: 1
Parking Features
Parking Total: 0
On Street: 1
Patio And Porch Features
Enclosed: 1
Possible Use
Business: 1
Restaurant: 1
Retail: 1
Tavern: 1
Investment: 1
Multi-Family: 1
Sale Includes
Building & Land: 1
Tenant Pays
Cable TV: 1
Heat: 1
Internet: 1
Telephone: 1
Trash Collection: 1
Property Features
Accessibility Features: Accessible Approach with Ramp
Architectural Style: Apartments; Bar/Tavern/Lounge; Restaurant
Basement: Full
Construction Materials: Aluminum Siding; Wood Siding
Cooling: None
Current Use: Apartment Plus; Restaurant; Tavern Plus
Business Type: Restaurant
Electric: 200+ Amp Service
Exterior Features: Lighting
Flooring: Hardwood; Vinyl
Heating: Baseboard; Hot Water
Interior Features: Chair Rail; High Speed Internet; Open Floorplan
Parking Features: On Street
Patio And Porch Features: Enclosed
Possession: At Closing
Possible Use: Business; Restaurant; Retail; Tavern; Investment; Multi-Family
Sale Includes: Building & Land
Sewer: Septic Tank
Showing Requirements: 24 Hour Notice; Agent to Accompany; Occupied; Sign on Property
Tenant Pays: Cable TV; Heat; Internet; Telephone; Trash Collection
Water Source: Public
Carbon Monoxide and Smoke Detector Discl 
Listing Courtesy of Barkley Real Estate, LLC
Listing Agent: Greg T Buckley
508-614-0016 | gregbuckleyrealty@gmail.com
508-614-0016 | gregbuckleyrealty@gmail.com
