Building Details

Construction brick

Listing Agency: JSS Holding

Listed By: payal shah · License #0225253034

Source: Crexi

Added: Apr 11 Changed: Sep 1 Last Checked: Sep 1 at 8:31AM

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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 JSS Holding

Investment Insights

Based on property information with market context.

This brick storefront property features a drive-through configuration and is positioned for several commercial applications. The stated use possibilities include retail, banking, restaurant, medical office, and spa operations.

The property is located at 1406 S Colorado St in Salem, Virginia 24153.

Key Highlights

• Brick building construction
• Drive‑through configuration
• Identified uses include retail, banking, restaurant, medical office, and spa

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Pharmacy HVAC Service Skin Care Clinic Restaurant Bakery Electrical Service

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

290

Businesses Nearby

Under-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

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 - The building supports retail, banking, restaurant, medical office, and spa uses.

Where is this storefront property located?

The property is located at 1406 S Colorado St Salem, VA.

What are key features of this property?

This property features: Brick building construction; Drive‑through configuration; Identified uses include retail, banking, restaurant, medical office, and spa