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Storefront with New Roof
For Sale
$105,000

1217 Salem Ave Sw, Roanoke, VA 24016

Blank-canvas storefront suited for retail, health services, or repair use, with a new roof installed in 2024.

Property SizeContact for details
Days on Market79

Property Features for 1217 Salem Ave Sw

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $563
Listing Agency: THE GOOD SIGN REAL ESTATE CO.
Listed By: CAREY SHAFFNER · License #0225250132
Source: Exprealty
Added: Jun 5 Changed: Aug 20 Last Checked: Aug 21 at 9:31AM

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 THE GOOD SIGN REAL ESTATE CO.

Investment Insights

Based on property information with market context.

This for-sale storefront offers a flexible, blank-canvas layout for an operator ready to customize the space for their concept. The property is positioned as suitable for uses such as a retail storefront, a health services studio, or an auto repair/repair shop. A new roof was installed in 2024, providing a meaningful exterior improvement for a buyer planning interior buildout.

The property is located conveniently between Grandin Village and Downtown Roanoke. In addition, two other lots are listed separately and could be considered as part of an expanded plan, such as providing additional parking or room for building expansion.

For buyers and tenants looking for a manageable footprint with the ability to shape the interior to their specific needs, this site is worth a close look. The combination of adaptable use guidance and the documented roof replacement supports practical planning for retail, service, or repair operations, with the option to evaluate the separately listed lots if additional area is desired.

Key Highlights

  • Blank‑canvas storefront with suitable space for retail, health services, or a repair shop
  • New roof installed in 2024
  • Conveniently located between Grandin Village and Downtown Roanoke

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic Carpet & Flooring Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

587
Businesses Nearby
Under-served
Demand for This Use

Demographics for 24016, VA

9,371
Population
5,602
Households
1.7
Avg Household Size
36
Median Age
26%
College-Educated
88%
High-School Grad
3.0 sq mi
ZIP Area
3,124
Density / Sq Mi
$43,727
Median Household Income
$35,936
Median Earnings
$972
Median Rent
$118,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Blank-canvas storefront suited for retail, health services, or repair use, with a new roof installed in 2024.
Where is this storefront property located?
The property is located at 1217 Salem Ave Sw Roanoke, VA.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: Blank‑canvas storefront with suitable space for retail, health services, or a repair shop; New roof installed in 2024; Conveniently located between Grandin Village and Downtown Roanoke
More about this property
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