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    1325 W Main St Salem, VA 24153

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    For Lease
    Contact for pricing

    Retail spaces available in Salem's major shopping corridor.

    Property size:
    2,800 SF
    Lot size:
    8.94 Acres

    Property Features for 1325 W Main St

    General Information

    Size
    2,800 SF
    Lot size
    8.94 Acres

    Source: Divaris Real Estate - Roanoke Agent Sam McCoy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Salem Corridor

    Located in the primary shopping area of Salem, within the Roanoke, VA metro, this property offers retail spaces for rent. Up to 4,000 square feet of contiguous space is available, with options for 2,800 square feet or smaller units of 1,200 square feet. Additionally, up to 12,000 square feet of junior anchor space is available. The location benefits from high traffic volume, with over 26,000 vehicles per day passing the site at the intersection of West Main Street and Spartan Drive. Nearby points of interest include Roanoke College and the Salem Veterans Administration Hospital.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Spartan Square, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Salem
    State
    Virginia
    Longitude
    -80.078396
    Latitude
    37.2911987

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in Salem's major shopping corridor.
    Where is this shopping center located?
    The property is located at 1325 W Main St Salem, VA.
    What are key features of this property?
    This property features: - High traffic location: Over 26,000 vehicles per day (VPD); - Located in the major shopping corridor of the Salem market; - Flexible space options: Up to 4,000 SF contiguous space available
    (540) 266-3970
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1325 W Main St Salem, VA 24153
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