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    Salem, VA Hotels for Sale

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    Holiday Inn Express Hotel
    Updated: Nov 3
    Holiday Inn Express Hotel

    991 RUSSELL DR, Salem, VA 24153

    Contact for pricing
    Holiday Inn Express & Suites hotel at 991 Russell Dr, Salem, VA
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    1 active listing matches your search: Hotel for sale in Salem, VA. Based on your search, we've also compiled 21 Potential Opportunities for your consideration: 4 properties in nearby cities, 16 off-market properties to explore as potential leads, and 1 land listing with development potential.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Trailside Hostel Property
    Trailside Hostel Property

    306 W Blue Grass Trail lot: 306, Ceres, VA 24318

    $65,000
    2.32 AC lot

    Existing lodging improvements support continued outdoor hospitality use with guest sleeping, bathing, laundry, and gathering facilities.

    View details
    Hostel with Bunkhouse
    Hostel with Bunkhouse

    306 W Blue Grass Trl, Ceres, VA 24318

    $65,000

    Lodging improvements include a separate bathhouse with laundry facilities and a chapel.

    View details
    Howard Johnson Hotel Property
    Howard Johnson Hotel Property

    2004 Veasley St, Greensboro, NC 27407

    Contact for pricing
    Built 1986

    Hotel property on Veasley Street in Greensboro, built in 1986.

    View details
    Clarion Pointe Hotel
    Clarion Pointe Hotel

    2003 Athena Court, Greensboro, NC 27407

    Contact for pricing
    Built 1989 / renov 2025

    For-sale hotel and hospitality property presented through DDM Hotels exclusive listing materials.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Approved Entrance
    Commercial Land with Approved Entrance

    Booker T Washington Hwy lot: 3, Hardy, VA 24101

    $2,200,000
    7.75 AC lot

    The site offers paved road access, a VDOT-approved entrance, and identified septic options.

    View details

    Off-Market Properties in Salem, VA

    Consider similar Off-Market properties in Salem, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2898 Keagy Rd
    HOTEL/MOTEL

    2898 Keagy Rd, Salem, VA 24153-7458

    Estimated value:
    $5,940,000
    3.17 AC lot
    View details
    501 Wildwood Rd
    HOTEL/MOTEL

    501 Wildwood Rd, Salem, VA 24153-1580

    Estimated value:
    $6,000,000
    2.61 AC lot
    View details
    1535 Main St
    HOTEL/MOTEL

    1535 Main St, Salem, VA 24153-4407

    Estimated value:
    $3,100,000
    1.69 AC lot
    View details
    121 Sheraton Dr
    HOTEL/MOTEL

    121 Sheraton Dr, Salem, VA 24153-3003

    Estimated value:
    $7,200,000
    3.17 AC lot
    View details
    100 Wildwood Rd
    HOTEL/MOTEL

    100 Wildwood Rd, Salem, VA 24153-2324

    Estimated value:
    $6,685,000
    47,304 sqft 1.63 AC lot
    View details
    301 Wildwood Rd
    HOTEL/MOTEL

    301 Wildwood Rd, Salem, VA 24153-2319

    Estimated value:
    $290,000
    1.73 AC lot
    View details
    300 Wildwood Rd
    HOTEL/MOTEL

    300 Wildwood Rd, Salem, VA 24153-2320

    Estimated value:
    $1,460,000
    1.24 AC lot
    View details
    140 Sheraton Dr
    HOTEL/MOTEL

    140 Sheraton Dr, Salem, VA 24153-3003

    Estimated value:
    $330,000
    1.87 AC lot
    View details
    151 Wildwood Rd
    HOTEL/MOTEL

    151 Wildwood Rd, Salem, VA 24153-2323

    Estimated value:
    $410,000
    1.16 AC lot
    View details
    179 Sheraton Dr
    HOTEL/MOTEL

    179 Sheraton Dr, Salem, VA 24153-3003

    Estimated value:
    $305,000
    4.38 AC lot
    View details
    991 Russell Dr
    HOTEL/MOTEL

    991 Russell Dr, Salem, VA 24153-3068

    Estimated value:
    $120,000
    1.83 AC lot
    View details
    1671 Skyview Rd
    HOTEL/MOTEL

    1671 Skyview Rd, Salem, VA 24153-1571

    Estimated value:
    $1,115,000
    34,476 sqft 8.83 AC lot
    View details
    401 Northern Dr
    HOTEL/MOTEL

    401 Northern Dr, Salem, VA 24153-4425

    Estimated value:
    $410,000
    2.23 AC lot
    View details
    4860 Main St
    HOTEL/MOTEL

    4860 Main St, Salem, VA 24153-8520

    Estimated value:
    $380,000
    1,472 sqft 6.78 AC lot
    View details
    450 Litchell Rd
    HOTEL/MOTEL

    450 Litchell Rd, Salem, VA 24153-1400

    Estimated value:
    $345,000
    3.38 AC lot
    View details
    1886 Electric Rd
    HOTEL/MOTEL

    1886 Electric Rd, Salem, VA 24153-7461

    Estimated value:
    $780,000
    66,509 sqft 2.00 AC lot
    View details

    Salem, VA Hotels Market Trends and Statistics

    Explore 17 hotels for sale in Salem, VA on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 1

    Demographics Overview

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

    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.

    How Realmo verifies these figures

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    Popular Searches in Salem, VA

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    Most Searched ZIP Codes in Salem, VA

    • 24153

    Featured Salem Real Estate Agencies

    Realmo connects you with licensed Salem CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Re/Max Real Estate One
    329 W. Main St. Salem, VA 24153
    Phone: (540) 387-4200
    Why this one?
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