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Retail Space on Hard Corner Intersection
For Lease
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1622 E Main St, Salem, VA 24153

Retail space on 2.25 acres with multiple access points and signage available at a hard corner signalized intersection.

Space Size1,104 SF
Lot Size2.25 Acres
Days on Market952

Property Features for 1622 E Main St

General Information

Standard status Active
Size 1,104 SF
Lot size 2.25 Acres
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Space Use Retail

Amenities

Multiple access points
Hard corner signalized intersection
Signage available

Spaces For Lease

at 1622 E Main St Contact us

1622 E Main St

Floor
Bldg
Size
1,104 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Retail opportunity on busy intersection in salem, virginia - Situated in the city...
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Listing Agency: Cushman & Wakefield | Thalhimer - Roanoke
Listed By: Clay Taylor · License #0225236327
Source: Moodyscre
Added: Jan 3, 2024 Changed: Aug 8 Last Checked: Aug 11 at 2:09PM

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 Cushman & Wakefield | Thalhimer - Roanoke

Investment Insights

Based on property information with market context.

This retail space is situated on 2.25 acres and totals 1,104 square feet, with multiple access points to support convenient customer entry. Signage is available for the tenant’s branding needs.

The property is located on a hard corner, signalized intersection in the city of Salem’s Interstate 81 district, described as a south-side opportunity. The site’s configuration and access options are designed to accommodate storefront traffic and visibility at the intersection.

Ideal for retailers seeking a compact footprint with strong road-intersection positioning, the space offers a straightforward setup for businesses looking to operate in the Salem I-81 corridor area.

Key Highlights

  • 2.25‑acre retail site
  • 1,104 square feet retail space
  • Hard corner signalized intersection

Property Analytics

Current Use

First Virginia Bank Western Union Bank

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Restaurant Hair Salon Pharmacy Nail Salon

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

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

277
Businesses Nearby

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?
Retail space - Retail space on 2.25 acres with multiple access points and signage available at a hard corner signalized intersection.
Where is this retail space located?
The property is located at 1622 E Main St Salem, VA.
What are key features of this property?
This property features: 2.25‑acre retail site; 1,104 square feet retail space; Hard corner signalized intersection
(804) 819-9948 Call to check price and availability
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