Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    110 Main St Ararat, VA 24053

    Sponsored
    For Lease
    Contact for pricing

    Downtown Salem, VA - 15,130 SF Available

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story commercial property, located at 110 E. Main Street in the heart of Salem, Virginia, offers a unique opportunity for a single tenant. Boasting 15,130 square feet of vacant space, this storefront property is zoned DBD City of Salem, VA, and sits on a 0.39-acre lot. The building's versatile design is suitable for a variety of retail or office uses, making it an ideal location for businesses seeking high visibility and accessibility. Ample parking is provided with 40 spaces available for customers and employees. The property's traditional storefront design blends seamlessly with the historic charm of downtown Salem. Its central location offers easy access to major roadways and a thriving community. The building's flexible layout allows for customization to meet specific business needs, ranging from smaller spaces of approximately 500 square feet to larger spaces of approximately 5,000 square feet. This is a rare opportunity to secure a prominent location in a desirable and growing market. The property is situated in Salem County, Virginia, with a zip code of 24053. The precise coordinates are latitude 36.6014178 and longitude -80.5660657. Contact us today to learn more about this outstanding commercial property.

    Property Features for 110 Main St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,000 SF

    HighLights

    • Two‑story brick office building, 15,130 SF, vacant.
    • Prime downtown Salem, VA location on 0.39‑acre lot.
    • Convenient to Roanoke College, Roanoke County, and Salem General District Courts.
    • Surrounded by retail, restaurants, and other offices.
    • 40 parking spaces included.
    • Handicap accessible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Ararat
    County
    Salem
    State
    Virginia
    Longitude
    -80.5660657
    Latitude
    36.6014178

    Nearby Comparable

    • Contact for pricing
      117,376 SF

      Mount Airy Retail Center Investment

      High-traffic retail space in NC.
      715 Independence Blvd, Mount Airy, NC 27030
      View Details
    • Contact for pricing
      207,542 SF

      Mayberry Mall: Retail Investment Opportunity

      Enclosed Mall, 16 Suites, 49,871 SF Vacant
      388 Frederick St, Mount Airy, NC 27030
      View Details
    • Contact for pricing
      4,764 SF

      Retail Space in San Diego

      Retail space available for rent in San Diego, CA.
      1900 Main St, San Diego, CA 92113
      View Details
    • Contact for pricing

      Downtown Pilot Mountain Office Space

      Second-story office space in downtown Pilot Mountain for lease.
      207 W Main St, Pilot Mountain, NC 27041
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Twin County

      Retail space available in well-positioned shopping center.
      1081-1093 E Stuart Dr, Galax, VA 24333
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Well-positioned commercial land in Twin County Plaza.
      1077 E Stuart Dr, Galax, VA 24333
      View Details
    • Contact for pricing
      1,920 SF

      Retail Space Near Interstate I-77

      Retail space available in neighborhood center adjacent to major retailers.
      1130 E Stuart Dr, Galax, VA 24333
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Twin County

      Retail space available in well-positioned shopping center.
      1043-1091 E Stuart Dr, Galax, VA 24333
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Land available for lease near a super regional Walmart.
      E Stuart St, Galax, VA
      View Details
    • $2.00 SF/Yr
      74,052 SF

      Galax Warehouse Space Available

      75,000 SF Industrial Warehouse in VA
      112 Kenbrook Dr, Galax, VA 24333
      View Details
    • $29 SF/Yr
      1,750 SF

      New Retail and Office Spaces

      New construction retail and office spaces in King, North Carolina.
      152 Kingscote Way, King, NC
      View Details
    • $1,050,000
      14,500 SF

      King, NC Retail/Office Spaces

      Retail and office spaces available for rent in King, NC.
      162 Kingscote Way, King, NC
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Downtown Salem, VA - 15,130 SF Available
    Where is this individual retail property located?
    The property is located at 110 Main St Ararat, VA.
    What are key features of this property?
    This property features: Two-story brick office building, 15,130 SF, vacant.; Prime downtown Salem, VA location on 0.39-acre lot.; Convenient to Roanoke College, Roanoke County, and Salem General District Courts.
    Request Owner's contact information
    110 Main St Ararat, VA 24053
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    110 Main St
    Ararat, VA 24053
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    110 Main St Ararat, VA 24053
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.