Class A Standalone Retail Building

201 Electric Rd, Salem, VA 24153

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For Lease

$15 SF/Yr $10,606/Mo (calc)

Standalone Class A retail building with a fully equipped kitchen, ample parking, and signalized corner frontage.

Type:Retail

Property size:

7,980 SF

Lot size:

1.26 Acres

HighLights

7,980 SF standalone building built in 1989 on a 1.26‑acre parcel
Class A condition with a fully equipped kitchen
Signalized corner location with frontage on busy Electric Rd.
Parking lot provides space for 100 vehicles

We can help!

Contact an agent

Thom Hubard, CCIM

Learn more

For Lease

$15 SF/Yr $10,606/Mo (calc)

Standalone Class A retail building with a fully equipped kitchen, ample parking, and signalized corner frontage.

Type:Retail

Property size:

7,980 SF

Lot size:

1.26 Acres

Added:: Jun 29, 2026
Days on Market:: 4
Last Refresh:: Jul 1 at 2:09 am

Property Features for 201 Electric Rd

General Information

Standard status: Active
Size: 7,980 SF
Lot size: 1.26 Acres
Property subtype: Retail

Building Details

Year Built: 1989

Spaces For Lease

at 201 Electric Rd Contact us

We can help!

Contact an agent

Thom Hubard, CCIM

Listing office Poe & Cronk Real Estate Group

Listing date Jun 29, 2026

Source Tcnworldwide

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 Group

HighLights

7,980 SF standalone building built in 1989 on a 1.26‑acre parcel
Class A condition with a fully equipped kitchen
Signalized corner location with frontage on busy Electric Rd.
Parking lot provides space for 100 vehicles

Overview

This offering features a 7,980 sq. ft. standalone retail building on a 1.26 acre parcel. The building is described as being in Class A condition and includes a fully equipped kitchen, supporting a range of retail or service concepts that benefit from prepared-food capability.

The property is situated on a signalized corner with frontage along busy Electric Rd. A parking lot provides space for approximately 100 vehicles, which can support customer access and reduce friction for peak operating periods.

For tenants or operators seeking a freestanding retail presence, the combination of Class A condition, dedicated kitchen functionality, and front-and-corner visibility can be advantageous for attracting walk-in and drive-by traffic. The parking layout also supports shopping-center-style convenience without requiring shared parking management.

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Salem
County: Salem
State: Virginia
Longitude: -80.0281941
Latitude: 37.2953487

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For lease
Retail space
VA
Salem
24153
201 Electric Rd

What type of property is this?

Retail space - Standalone Class A retail building with a fully equipped kitchen, ample parking, and signalized corner frontage.

Where is this retail space located?

The property is located at 201 Electric Rd Salem, VA.

What is the lease rate?

The lease rate is $15 SF/Yr.

What are key features of this property?

This property features: 7,980 SF standalone building built in 1989 on a 1.26‑acre parcel; Class A condition with a fully equipped kitchen; Signalized corner location with frontage on busy Electric Rd.