Retail Redevelopment Opportunity in
For Sale
Contact for pricing
1622 E Main St, Salem, VA 24153
Prime retail redevelopment property in Salem, VA, with high visibility.
Property SizeContact for details
Lot Size2.25 Acres
Days on Market2057
Property Features for 1622 E Main St
General Information
Standard status
Active
Lot size
2.25 Acres
Property subtype
Land
Zoning
CBD
Listing Agency:
Cushman & Wakefield Thalhimer - Roanoke, Virginia
(540) 767-3008
Listed By:
Wyatt Poats · License #VA 0225236327
Source:
Crexi
Added: Jan 7, 2021
Changed: Aug 16
Last Checked: Aug 24 at 8:55PM
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, Virginia
Investment Insights
Based on property information with market context.
Located at 1622 E Main Street in Salem, VA, this retail redevelopment property is available for sale. Situated on a hard corner with a signalized intersection and multiple access points, the property offers high visibility. It is located in the City of Salem's Interstate 81 District South Opportunity Zone. The property spans up to 2.25 acres and is zoned for central business district (CBD) use, holding potential for redevelopment. The location is surrounded by a population of over 46,000 within a 3-mile radius and an average household income of $65,413.
Key Highlights
- Prime retail redevelopment property on a hard corner with a signalized intersection.
- Located in the City of Salem's Interstate 81 District South Opportunity Zone, offering potential tax benefits.
- Zoned for central business district (CBD) use, allowing for flexible redevelopment options.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Prime retail redevelopment property in Salem, VA, with high visibility.
Where is this commercial land located?
The property is located at 1622 E Main St Salem, VA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime retail redevelopment property on a hard corner with a signalized intersection.; Located in the City of Salem's Interstate 81 District South Opportunity Zone, offering potential tax benefits.; Zoned for central business district (CBD) use, allowing for flexible redevelopment options.
