Historic Roanoke Retail/Restaurant
For Sale
$779,000
19 Salem Ave SE, Roanoke, VA 24011
Renovated 4,000 SF property in Roanoke's historic market district.
Property Size4,000 SF
Price / SF$194.75
Days on Market340
Property Features for 19 Salem Ave SE
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Retail
Building Details
Building Size
4,000 SF
Year Built
1904
Listing Agency:
Poe & Cronk Real Estate Group
(540) 797-8854
Listed By:
Roger Jackson · License #0225186740
(540) 797-8854
Source:
Tcnworldwide
Added: Sep 25, 2025
Changed: Aug 27
Last Checked: Aug 29 at 7:24AM
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 Poe & Cronk Real Estate Group
Investment Insights
Based on property information with market context.
Located in the heart of Roanoke's historic market district, this renovated 4,000 SF property presents an exceptional opportunity. Originally constructed in 1904 and thoughtfully restored in 2010, the versatile building is ideally suited for a retail or restaurant investor. The property, zoned D, offers considerable potential for realizing a unique vision in a thriving area. Its historic charm is complemented by modern amenities, providing a captivating setting for establishing an iconic retail space or a sought-after dining establishment in Roanoke's vibrant downtown core. The property is available for immediate occupancy. The surrounding streets feature a diverse mix of charming storefronts, trendy boutiques, and popular dining establishments, creating an ideal location for retail or restaurant investment. The historic Roanoke City Market, the Taubman Museum of Art, and Mill Mountain Park are nearby, drawing a steady stream of foot traffic and creating a prime opportunity for a successful retail or dining venture.
Key Highlights
- Prime location in the heart of Roanoke's historic market district, ensuring high visibility and foot traffic.
- Versatile 4,000 SF building suitable for retail or restaurant use.
- D zoning designation offering limitless potential for various business ventures.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,703
Businesses Nearby
Explore this area
Business Placement
Demographics for 24011, VA
908
Population
645
Households
1.4
Avg Household Size
32
Median Age
83%
College-Educated
99%
High-School Grad
0.2 sq mi
ZIP Area
4,540
Density / Sq Mi
$55,882
Median Household Income
$50,599
Median Earnings
$1,091
Median Rent
$839,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Renovated 4,000 SF property in Roanoke's historic market district.
Where is this retail space located?
The property is located at 19 Salem Ave SE Roanoke, VA.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: Prime location in the heart of Roanoke's historic market district, ensuring high visibility and foot traffic.; Versatile 4,000 SF building suitable for retail or restaurant use.; D zoning designation offering limitless potential for various business ventures.
