Salem Retail/Office Space
For Lease
$12 SF/Yr
107 W Main St, Salem, VA 24153
Prominent Main Street location suitable for retail or office uses.
Space Size2,500 SF
Property Size5,000 SF
Days on Market169
Property Features for 107 W Main St
General Information
Standard status
Active
Size
2,500 SF
Class
C
Property subtype
Office
Lease Term
NN
Building Details
Building Size
5,000 SF
Year Built
1960
Spaces For Lease
at 107 W Main St Contact us- Size
- 2,500 SF
- Term
- Negotiable
107 W Main St $12/SF/Yr
- Size
- 2,500 SF
- Term
- Negotiable
109 W Main St $12/SF/Yr
Listing Agency:
Poe & Cronk Real Estate
(540) 353-2661
Listed By:
Peter Ostaseski, CCIM · License #0225087580
(540) 353-2661
Source:
Tcnworldwide
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 22 at 3:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Poe & Cronk Real Estate
Investment Insights
Based on property information with market context.
Located at 107 & 109 West Main Street in Salem, Virginia, this property offers a leasing opportunity in a prominent Main Street location with high visibility on a heavily traveled corridor. The available space features 5,000 square feet of shell space that can be built out to the tenant's specifications. Suitable for office and retail uses, the space may be subdivided into two 2,500 square foot suites. The property is located on West Main Street (US Route 460) in the walkable downtown area of Salem, between Thompson Memorial (Route 311) and West 4th Street. The location benefits from high traffic, with 15,000 AWT, and ample available parking.
Key Highlights
- Prominent Main Street location in downtown Salem.
- Custom buildout opportunity to tenant's specifications.
- High‑traffic location with 15,000 AWT.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
930
Businesses Nearby
Explore this area
Business Placement
Demographics for 24153, VA
38,728
Population
16,387
Households
2.4
Avg Household Size
44
Median Age
30%
College-Educated
94%
High-School Grad
101.2 sq mi
ZIP Area
383
Density / Sq Mi
$72,691
Median Household Income
$39,851
Median Earnings
$1,058
Median Rent
$251,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Prominent Main Street location suitable for retail or office uses.
Where is this office units located?
The property is located at 107 W Main St Salem, VA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Prominent Main Street location in downtown Salem.; Custom buildout opportunity to tenant's specifications.; High‑traffic location with 15,000 AWT.
