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    Salem, VA Commercial Real Estate for Sale

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    Roanoke, VA Cave Spring, VA Hollins, VA
    36 results
    Salem Commercial Building For Sale
    $495,000
    0.45 Acres

    Salem Commercial Building For Sale

    904 Apperson Dr, Salem, VA 24153

    Well-maintained commercial building suitable for office, service, or retail.

    • Pristine condition, well‑maintained building.
    • Great visibility and access.
    • Good parking for customers and staff.
    • Beautiful hardwood floors.
    • Large windows providing lots of natural light.
    Updated: Feb 28
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    Commercial Land in Salem, VA
    $195,000
    0.70 Acres

    Commercial Land in Salem, VA

    625 W 4th St, Salem, VA 24153

    Commercial land available at corner of 4th and Wilson.

    • Great commercial location zoned HBD.
    • Corner lot on 4th Street and Wilson Street.
    • Includes two parcels: 231 Wilson Street (HBD) and 229 Wilson Street (RSF).
    • Public water source.
    • Public sewer.
    Updated: Apr 13
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    Salem, VA Office Building For Sale
    $995,000
    5,163 SF

    Salem, VA Office Building For Sale

    Multi-tenant office building in Salem's Electric Road corridor.

    1101 Electric Rd, Salem, VA 24153
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    Salem Office | Manufacturing | Lab
    $670,000
    5,280 SF

    Salem Office | Manufacturing | Lab

    Well-appointed office and lab/manufacturing space in Salem.

    1405 Mill Race Dr, Salem, VA 24153
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    Secluded Mountaintop Property with Lake
    $1,349,000
    31.37 Acres

    Secluded Mountaintop Property with Lake

    Private 31.37-acre property with lake, shop, and utilities.

    5841 Twine Hollow Rd, Salem, VA 24153
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    Salem, VA Commercial Land
    $180,000
    0.96 Acres

    Salem, VA Commercial Land

    Level corner lot suitable for new business development.

    W Main St, Salem, VA 24153
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    Salem, VA Corner Lot
    $180,000
    0.96 Acres

    Salem, VA Corner Lot

    Level corner lot in Salem, VA, zoned C-1.

    W Main St, Salem, VA 24153
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    Commercial Land with High Visibility
    $720,000
    0.93 Acres

    Commercial Land with High Visibility

    0.927 acre commercial land with easy I-81 access.

    142 Horner Ln, Salem, VA 24153
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    Salem Land with C2 Zoning
    $78,300
    5.22 Acres

    Salem Land with C2 Zoning

    5.22 acre lot with C2 zoning near Interstate 81.

    0 Thompson Memorial DR, Salem, VA 24153
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    Restaurant/Retail Building on Corner Lot
    $1,595,000
    7,980 SF

    Restaurant/Retail Building on Corner Lot

    7,980 SF building on 1.26 acres, prime corner location.

    201 Electric Rd |, Salem, VA 24153
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    Industrial Property with Two Buildings
    $1,295,000
    9,200 SF

    Industrial Property with Two Buildings

    Two industrial buildings totaling 9,200 SF on 1.4 acres.

    3718 Garman Rd |, Salem, VA 24153
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    Salem, VA Land For Sale
    $650,000
    12.45 Acres

    Salem, VA Land For Sale

    12.45 acre land parcel in Salem, Virginia.

    1000 BLK Polar Ln, Salem, VA 24153
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    Well-Maintained Office/Retail Building For Sale
    $495,000
    1,455 SF

    Well-Maintained Office/Retail Building For Sale

    Pristine building suitable for office, service, or retail use.

    904 Apperson Dr, Salem, VA 24153
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    Salem, VA Land For Sale
    $78,300
    5.22 Acres

    Salem, VA Land For Sale

    5.22 acre lot with C2 zoning near Interstate 81.

    Thompson Memorial Dr, Salem, VA 24153
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    Industrial Land Near Interstate 81
    $850,000

    Industrial Land Near Interstate 81

    11.7 acres of industrial land near Dixie Caverns exit.

    6190 Twine Hollow |, Salem, VA 24153
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    Commercial Corner Lot Near Hospital
    $135,000

    Commercial Corner Lot Near Hospital

    Prime commercial corner lot across from Salem VA Medical Center.

    2145 Roanoke BLVD |, Salem, VA 24153
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    Roanoke County Industrial Development Site
    $1,150,000

    Roanoke County Industrial Development Site

    30.5 acres zoned I-2, suitable for large industrial development.

    5832 West River Road |, Salem, VA 24153
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    Industrial, Retail
    $2,070,357
    19,941 SF

    Industrial, Retail

    Auto shops · 19,941 SF

    327 S College Ave, Salem, VA 24153
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    Retail Property with Highway Access
    $1,795,000
    10,545 SF

    Retail Property with Highway Access

    Retail property featuring strategic location, high traffic, and ample parking.

    1650 Braeburn Dr, Salem, VA
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    Salem Retail/Office Building For Sale
    $1,350,000
    3,179 SF

    Salem Retail/Office Building For Sale

    Highly visible retail/office building at signalized intersection in Salem, VA.

    1432 Apperson Dr, Salem, VA 24153
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    Commercial Land For Sale
    $149,950
    0.56 Acres

    Commercial Land For Sale

    0.56 AC lot ideal for retail, restaurant, or office.

    2005 E Main St, Salem, VA
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    Salem Retail Space For Sale
    $1,795,000
    10,545 SF

    Salem Retail Space For Sale

    Retail space for sale with high visibility and accessibility.

    1650 Braeburn Dr, Salem, VA 24153
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    Prestonfield Building Lot Opportunity
    $399,000
    2.50 Acres

    Prestonfield Building Lot Opportunity

    2.5-acre lot suitable for office or medical development.

    200 Kingsbarn Cir, Salem, VA
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    Retail Property in Salem, Virginia
    Contact for pricing
    176,806 SF

    Retail Property in Salem, Virginia

    Large retail property available for sale in Salem, Virginia.

    1439 W Kimball St, Salem, VA
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    Salem, VA Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Salem, VA, showcased through 36 active listings on our real estate platform. These investment opportunities span a total of 81,839 square feet of properties for sale, with an estimated market value of $16,670,357.

    Sale prices for business properties in Salem, VA start at $135,000, averaging $1,282,335, and reaching up to $2,070,357 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Salem fall within the 50,000 to 100,000 square foot range.

    Demographics Overview

    Population 38K
    Population Growth (5Y) +0.3%
    Median Household Income $72,691
    College Educated 42.5%

    High-Yield Neighborhoods for Strategic Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    24153 $823.8K

    Taxes & Financing

    Tax Rate (average for all types) 1.16%
    Property Tax per SF $16.64 per sq ft
    Average Loan-to-Value 65.0%

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