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Brick Office and Service Building
For Sale
$195,000

824 Iowa St, Salem, VA 24153

COMMERCIAL - Salem, VA

Property SizeContact for details
Lot Size0.24 Acres
Days on Market92

Property Features for 824 Iowa St

General Information

Property type Commercial Sale
Property subtype Other
Zoning RB
Bathrooms 1
Directions From Electric Rd, LT on Roanoke Blvd, LT on 8th St, building will be on the RT.
Subdivision 0300 - City of Salem
Standard status Active
APN 158-7-1
Lot size 0.24 Acres

Taxes and HOA fees

Tax Description UNNUMBERED LT 0.243 AC SEC 88 SALEM IMPROVEMENT CO
Tax Annual Amount 1661
Legal Description UNNUMBERED LT 0.243 AC SEC 88 SALEM IMPROVEMENT CO

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 1969
Floors in Building 1
Flooring type Laminate
Building materials Block
Roof type Shingle
Listing Agency: WALDVOGEL COMMERCIAL PROPERTIES
Listed By: KRISTA H VANNOY
Added: Jun 2 Changed: Aug 4 Last Checked: Sep 1 at 6:06PM
MLS# 928143

Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Brick block building in Salem with an open work area, two small restrooms, and an office that includes a small breakroom. Interior features include VCT flooring, an acoustic tile ceiling, fluorescent lighting, several sinks, and built-in cabinets.

The property offers on-site surface parking for approximately six vehicles and includes an outside storage shed and an air compressor to convey with the sale. Central Salem location places it minutes from I-81 and nearby civic and commercial corridors including the Salem Civic Center, Electric Rd, Apperson Dr, and E Main St.

The building sits on a 0.24-acre lot and is zoned RB, supporting office and service-oriented uses as described in the listing.

Key Highlights

  • Block building with brick facade, built in 1969, with shingle roof and electric heating and cooling
  • Previously used as a dental lab with an open work area, plus office and a small breakroom
  • Interior includes VCT flooring, acoustic tile ceiling, fluorescent lighting, built‑in cabinets, and several sinks

Property Analytics

Current Use

D J's Dental ... Dental Office

Suggested Use

Top Pick HVAC Service Pharmacy (Bike/Boat/Book/etc) Store Grocery & Convenience Store Storage Facility Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

610
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Brick block office building with open work area, private office, and small restrooms, plus parking for about six vehicles.
Where is this office units located?
The property is located at 824 Iowa St Salem, VA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Block building with brick facade, built in 1969, with shingle roof and electric heating and cooling; Previously used as a dental lab with an open work area, plus office and a small breakroom; Interior includes VCT flooring, acoustic tile ceiling, fluorescent lighting, built‑in cabinets, and several sinks
More about this property
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