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Salem, VA

Salem, VA Commercial Real Estate for Sale

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Roanoke, VA Catawba, VA Cave Spring, VA

30 properties

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Industrial Flex Office and Warehouse

Updated: Jul 2

Industrial Flex Office and Warehouse

4190 W Main Street, Salem, VA 24153

$569,900

0.94 AC lot

Two‑story 1,560 SF office building on West Main Street in Salem, Virginia
1,600 SF warehouse on a fully fenced back lot for parking and additional storage
0.94‑acre lot with 170' of road frontage
Industrial zoning (per listing) supports a variety of business uses
Forced air heat and natural gas service, plus central air cooling

Brick Office Building with Parking

Updated: Jun 2

Brick Office Building with Parking

824 Iowa St, Salem, VA 24153

$195,000

0.24 AC lot

Block building with brick facade, built in 1969, with shingle roof and electric heating and cooling
Previously used as a dental lab with an open work area, plus office and a small breakroom
Interior includes VCT flooring, acoustic tile ceiling, fluorescent lighting, built‑in cabinets, and several sinks
Includes two small restrooms and an office area within the existing layout
Public water and public sewer service; laminate flooring, electric HVAC, and shingle roofing

Owner-Occupant Office/Service Building

Owner-Occupant Office/Service Building

904 Apperson Dr, Salem, VA 24153

$495,000

0.45 AC lot

Well-maintained building with hardwood floors, large windows, and an ADA-compliant restroom for small office, service, or retail use.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Commercial Land in Salem, VA

Commercial Land in Salem, VA

625 W 4th St, Salem, VA 24153

$195,000

0.70 AC lot

Commercial land available at corner of 4th and Wilson.

Salem, VA Commercial Land

Salem, VA Commercial Land

W Main St, Salem, VA 24153

$180,000

0.96 AC lot

Level corner lot suitable for new business development.

Salem, VA Corner Lot

Salem, VA Corner Lot

W Main St, Salem, VA 24153

$180,000

0.96 AC lot

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

Salem Office | Manufacturing | Lab

Salem Office | Manufacturing | Lab

1405 Mill Race Dr, Salem, VA 24153

$649,500

5,280 sqft

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

Multi-Tenant Office Building For Sale

Multi-Tenant Office Building For Sale

1618 W Main St, Salem, VA 24153

$1,425,000

7,416 sqft

7,500 SF multi-tenant office building on 1.44 acres.

Automotive Repair Building with Bays

Automotive Repair Building with Bays

2050 E Main St, Salem, VA 24153

$525,000

Multi-bay automotive facility with offices, paint booth, floor drains, and ample front and rear parking on a corner site.

Salem, VA Land For Sale

Salem, VA Land For Sale

1000 BLK Polar Ln, Salem, VA 24153

$650,000

12.45 AC lot

12.45 acre land parcel in Salem, Virginia.

Commercial Corner Development Lot

Commercial Corner Development Lot

2145 Roanoke BLVD, Salem, VA 24153

$125,000

Corner lot directly across from a medical campus, offering flexible conceptual plans for multiple commercial uses.

Industrial Property with Two Buildings

Industrial Property with Two Buildings

3718 Garman Rd |, Salem, VA 24153

$1,295,000

9,200 sqft

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

Salem Retail/Office Building For Sale

Salem Retail/Office Building For Sale

1432 Apperson Dr, Salem, VA 24153

$1,350,000

3,179 sqft · 1.00 AC lot

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

Brick Medical Office Building

Brick Medical Office Building

824 Iowa St, Salem, VA 24153

$195,000

1,000 sqft

Brick building formerly used as a dental lab, with multiple sinks, built-in cabinets, and on-site parking.

Roanoke County Industrial Development Site

Roanoke County Industrial Development Site

5832 West River Road |, Salem, VA 24153

$1,150,000

30 sqft

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

Industrial, Retail

Industrial, Retail

327 S College Ave, Salem, VA 24153

$2,070,357

19,941 sqft

Auto shops · 19,941 SF

Well-Maintained Office/Retail Building For Sale

Well-Maintained Office/Retail Building For Sale

904 Apperson Dr, Salem, VA 24153

$495,000

1,455 sqft

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

Salem Retail Space For Sale

Salem Retail Space For Sale

1650 Braeburn Dr, Salem, VA 24153

$1,795,000

10,545 sqft

Retail space for sale with high visibility and accessibility.

Industrial Land Near Interstate 81

Industrial Land Near Interstate 81

6190 Twine Hollow |, Salem, VA 24153

Contact for pricing

11.7 acres of industrial land near Dixie Caverns exit.

Retail Property in Salem, Virginia

Retail Property in Salem, Virginia

1439 W Kimball St, Salem, VA

Contact for pricing

176,806 sqft · 13.23 AC lot

Large retail property available for sale in Salem, Virginia.

Commercial Land Ready For Rezoning

Commercial Land Ready For Rezoning

1260 Highland Rd, Salem, VA

$799,000

1.62 AC lot

Three lots totaling 1.62 acres, prime for commercial rezoning.

Keagy Road Commercial Land Lot

Keagy Road Commercial Land Lot

3525 Keagy Rd, Salem, VA

$665,000

1.31 AC lot

Commercial land lot suitable for office or medical building.

Commercial Land with High Visibility

Commercial Land with High Visibility

142 Horner Ln, Salem, VA

$720,000

0.93 AC lot

0.927 acre commercial land with easy highway access.

Redevelopment Opportunity in Salem

Redevelopment Opportunity in Salem

1622 E Main St, Salem, VA

$1,900,000

1,104 sqft · 1.76 AC lot

Hard corner in Salem's I-81 district south.

Salem, VA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Salem, VA, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 70,314 square feet of properties for sale, with an estimated market value of $16,210,000.

Sale prices for business properties in Salem, VA start at $125,000, averaging $1,157,857, and reaching up to $1,900,000 — 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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Demographics Overview

Population 38K

Population Growth (5Y) +0.3%

Median Household Income $72,691

College Educated 42.5%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
24153	$748K

Taxes & Financing

Tax Rate (average for all types) 1.16%

Property Tax per SF $16.64 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Salem city

New Delisted

Property Size Breakdown

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

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