Motel and Convenience
For Sale
Contact for pricing
5383 W Main St, Salem, VA 24153
Motel with 14 keys plus an adjoining convenience store and gas, served by public water and private septic.
Property Size9,985 SF
Lot Size5.64 Acres
Days on Market121
Property Features for 5383 W Main St
General Information
Standard status
Active
Size
9,985 SF
Lot size
5.64 Acres
Property subtype
Hospitality, Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Business Included
Yes
Listing Agency:
MKB Commercial
(540) 989-4555
Listed By:
Henry Scholz · License #VA 0225055191
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 21 at 1:10PM
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 MKB Commercial
Investment Insights
Based on property information with market context.
This offering includes a Blue Jay motel with 14 keys in a 4,858 SF building, along with an adjoining owner’s home of 2,410 SF (not including the basement). Also included is an adjoining convenience store of 2,717 SF. An undeveloped 2.23-acre parcel adjoins the motel, and a separate 1-acre lot is located across W Main Street directly opposite the motel property. The total site area is 5.64 +/- acres with approximately 1,270' +/- of frontage on W Main Street.
The property adjoins Interstate 81 and is just off Exit 132 (Dixie Caverns exit). Gas pumps were added last year. The convenience store inventory is not included in the sale and may be purchased separately. The motel and convenience store are served by public water and private septic, with the septic system located on the adjoining 2.23-acre parcel. Public sewer is currently at the corner of W Main Street and Pleasant Run Drive.
The property adjoins Interstate 81 and is just off Exit 132 (Dixie Caverns exit). Gas pumps were added last year. The convenience store inventory is not included in the sale and may be purchased separately. The motel and convenience store are served by public water and private septic, with the septic system located on the adjoining 2.23-acre parcel. Public sewer is currently at the corner of W Main Street and Pleasant Run Drive.
Key Highlights
- Blue Jay motel with 14 keys and 4,858 SF, plus an adjoining owner’s home totaling 2,410 SF (basement not included).
- Adjoining convenience store with 2,717 SF; convenience store inventory not included and can be purchased separately.
- Gas pumps added last year, with gas service associated with the convenience store.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Well-served
Demand for This Use
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 Retail in South region
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Similar Off Market Nearby
- Hotel Salem-Roanoke I-81 (Listing Partner) — 5399 W Main St, Salem, VA 24153
Frequently Asked Questions
What type of property is this?
Motel - Motel with 14 keys plus an adjoining convenience store and gas, served by public water and private septic.
Where is this motel located?
The property is located at 5383 W Main St Salem, VA.
What are key features of this property?
This property features: Blue Jay motel with 14 keys and 4,858 SF, plus an adjoining owner’s home totaling 2,410 SF (basement not included).; Adjoining convenience store with 2,717 SF; convenience store inventory not included and can be purchased separately.; Gas pumps added last year, with gas service associated with the convenience store.
