Building Details

Construction brick

Listing Agency: JSS Holding

Listed By: payal shah · License #0225253034

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Sep 1 at 8:31AM

Report an Issue

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Stand-Alone Retail Building with Kitchen

201 Electric Rd, Salem, VA 24153

$1,595,000

7,980 SF

View details

Fully Net Leased Office Building

1630 Braeburn Dr, Salem, VA 24153

$1,150,000

7,400 SF

View details

Standalone Office/Retail Building

1532 Apperson Drive, Salem, VA 24153

$425,000

3,216 SF

View details

Corner-Lot Office Building

1540 Apperson Dr, Salem, VA 24153

$340,000

2,765 SF

View details

Two-Story Flex Space

4190 W Main Street, Salem, VA 24153

$549,000

0.94 Acres

View details

Multi-Tenant Office Building For Sale

1618 W Main St, Salem, VA 24153

$1,425,000

7,416 SF

View details

Industrial Property with Two Buildings

3718 Garman Rd |, Salem, VA 24153

$1,295,000

9,200 SF

View details

Brick Office and Service Building

824 Iowa St, Salem, VA 24153

$195,000

0.24 Acres

View details

Motel and Convenience Store

5383 W Main St, Salem, VA 24153

Contact for pricing

9,985 SF

View details

Medical Office with Exam Rooms

1934 BRAEBURN DR, Salem, VA 24153

Contact for pricing

1,443 SF

View details

Owner-Occupant Office/Service Building

904 Apperson Dr, Salem, VA 24153

$495,000

0.45 Acres

View details

Warehouse with Roll-Up Door

2821 W Main St, Salem, VA 24153

Contact for pricing

4,950 SF

View details

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