Mixed-Use Corner
For Sale
Contact for pricing
628 S Colorado St, Salem, VA 24153
Versatile corner property with flexible interior rooms, porch entry, and ample parking plus a detached garage with utilities.
Property Size1,316 SF
Price / SF$227.96
Days on Market162
Property Features for 628 S Colorado St
General Information
Standard status
Active
Size
1,316 SF
Class
B
Property subtype
Mixed Use, Office, Retail
Zoning
CBD
Building Details
Year Built
1940
Listing Agency:
MKB Commercial
Listed By:
Scott Avis · License #VA 0225192398
Source:
Crexi
Added: Apr 1
Changed: Sep 5
Last Checked: Sep 8 at 6:38AM
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 MKB Commercial
Investment Insights
Based on property information with market context.
This versatile corner property combines a main building and a detached garage, offering flexible space for a range of business uses. The building includes a large front porch, spacious foyer, multiple flexible rooms, and two half bathrooms. A detached garage on the property includes its own address and separate electrical service, along with plumbing for a bathroom, supporting additional workspace, expansion, or potential secondary use.
The property sits on a flat corner lot in a highly desirable area a few blocks from Downtown Salem. Ample parking is available with a large lot behind the building, providing convenient access for clients and staff.
Overall, the layout is well-suited for office, retail, or service-based operations, with dedicated features in both the main structure and detached garage.
The property sits on a flat corner lot in a highly desirable area a few blocks from Downtown Salem. Ample parking is available with a large lot behind the building, providing convenient access for clients and staff.
Overall, the layout is well-suited for office, retail, or service-based operations, with dedicated features in both the main structure and detached garage.
Key Highlights
- Flat corner commercial property built in 1940, just a few blocks from Downtown Salem
- Flexible interior layout with spacious foyer and multiple flexible rooms for office, retail, or service use
- Large front porch entry and two half bathrooms
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
862
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 Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile corner property with flexible interior rooms, porch entry, and ample parking plus a detached garage with utilities.
Where is this mixed-use property located?
The property is located at 628 S Colorado St Salem, VA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Flat corner commercial property built in 1940, just a few blocks from Downtown Salem; Flexible interior layout with spacious foyer and multiple flexible rooms for office, retail, or service use; Large front porch entry and two half bathrooms
