Building Details

Building Size 10,545 SF

Year Built 1983

Year Renovated 2007

Listing Agency: Waldvogel Commercial Properties

Listed By: Andy Mullins · License #0225090506 Show Phone

Source: Commercialcafe

Added: Mar 26 Changed: Sep 8 Last Checked: Jul 24 at 1:48PM

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Investment Insights

Based on property information with market context.

Located on Braeburn Drive in Salem, Virginia, this retail space offers a location on a high-traffic road. The property is situated minutes away from Interstate 81, LewisGale Medical Center, Salem Civic Center, and Tanglewood Mall. The property features ample parking and easy ingress and egress. The property contains 10,545 square feet.

Key Highlights

• High traffic location offers excellent visibility.
• Minutes from Interstate 81.
• Close proximity to LewisGale Medical Center.

Property Analytics

Property Profile

Current Use

Jersey Lily's Roadhouse Restaurant

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

817

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

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 retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space for sale with high visibility and accessibility.

Where is this retail space located?

The property is located at 1650 Braeburn Drive Salem, VA.

What is the asking price?

The asking price for this property is $1,795,000.

What are key features of this property?

This property features: High traffic location offers excellent visibility.; Minutes from Interstate 81.; Close proximity to LewisGale Medical Center.