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Restaurant Building with Drive-Thru

1940 W Main St Salem, VA 24153

1940 W Main St, Salem, VA, 24153
$1,250,000
For Sale
$1,250,000

Restaurant building sold as-is following a partial gut, with prior use as a Bojangles and The Tokyo Express.

Days on Market391

Property Features for 1940 W Main St

General Information

Standard status
Active
Listing agency JMAX PROPERTY MANAGEMENT LLC
Listed by NEAL C WALL
Source Exprealty
Added: Jun 26, 2025 Updated: Jul 21 at 5:10AM Checked: Jul 21 at 5:10AM

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 JMAX PROPERTY MANAGEMENT LLC


Investment Insights

Based on property information with market context.

This restaurant building was previously operated as a Bojangles starting in 1983 and later as The Tokyo Express. The property has been mostly gutted and is being sold “as is, where is,” offering a blank-slate opportunity to convert the space for a new restaurant concept.

The property is offered for sale, and the public remarks note it is also available for a net lease at $100,000 per year.

Because the sale is structured as-is following a significant interior scope, prospective users should plan on completing the necessary buildout to support their intended restaurant operations.

Key Highlights

  • Restaurant building previously used as a Bojangles (since 1983).
  • Most recently operated as The Tokyo Express.
  • Property is listed as‑is where‑is following a partial gut (mostly gutted).

Property Analytics

Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Real Estate Agency Law Firm Dental Office Hair Salon Auto Parts Store HVAC Service Spa & Massage Center Building Supply Storage Facility Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Restaurant building sold as-is following a partial gut, with prior use as a Bojangles and The Tokyo Express.
Where is this conventional restaurant located?
The property is located at 1940 W Main St Salem, VA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Restaurant building previously used as a Bojangles (since 1983).; Most recently operated as The Tokyo Express.; Property is listed as‑is where‑is following a partial gut (mostly gutted).
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