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1601 Electric Rd Salem, VA 24153

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High-traffic corner lot available for lease in Salem, Virginia.

Property Features for 1601 Electric Rd

General Information

Standard status
Active

Building Details

Year built
85

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Listing Contact
John Mckee
Source: Crexi

Listing Agent: John Mckee

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Corner Lot Retail Opportunity

This property is a corner lot located at a signalized intersection on Route 419 and Route 11 in Salem, Virginia. The location benefits from high traffic counts of 52,000 cars per day. Currently, the building is occupied by a Verizon store, which is consolidating operations to a nearby location at the end of its lease. The building was renovated in 2016 and sits on 0.88 acres. The property features two large pylon signs for advertising. It is situated next to Salem Park and has a walking path that connects to the property. Other corner tenants in the vicinity include Wells Fargo and Sheetz Gas station.
Location Intelligence

Current Use by Public Records

Advanced Laser Aesthetics Spa & Massage Center

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Salem
County
Salem
State
Virginia
Longitude
-80.0384438
Latitude
37.2712814

FAQs

What type of property is this?
Retail space - High-traffic corner lot available for lease in Salem, Virginia.
Where is this retail space located?
The property is located at 1601 Electric Rd Salem, VA.
What are key features of this property?
This property features: - High-traffic corner lot location at a signalized intersection of Route 419 and Route 11 (52,000 cars/day).; - Located on 0.88 acres with **two large pylon signs for advertising.**; - Renovated in 2016.
More about this property
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