1622 E Main St Salem, VA 24153

Listing office Cushman & Wakefield Thalhimer - Roanoke, Virginia Show Phone

Listing date Jan 7, 2021

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Investment Insights

Based on property information with market context.

Located at 1622 E Main Street in Salem, VA, this retail redevelopment property is available for sale. Situated on a hard corner with a signalized intersection and multiple access points, the property offers high visibility. It is located in the City of Salem's Interstate 81 District South Opportunity Zone. The property spans up to 2.25 acres and is zoned for central business district (CBD) use, holding potential for redevelopment. The location is surrounded by a population of over 46,000 within a 3-mile radius and an average household income of $65,413.

Key Highlights

• Prime retail redevelopment property on a hard corner with a signalized intersection.
• Located in the City of Salem's Interstate 81 District South Opportunity Zone, offering potential tax benefits.
• Zoned for central business district (CBD) use, allowing for flexible redevelopment options.

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FAQs

What type of property is this?

Commercial land - Prime retail redevelopment property in Salem, VA, with high visibility.

Where is this commercial land located?

The property is located at 1622 E Main St Salem, VA.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: Prime retail redevelopment property on a hard corner with a signalized intersection.; Located in the City of Salem's Interstate 81 District South Opportunity Zone, offering potential tax benefits.; Zoned for central business district (CBD) use, allowing for flexible redevelopment options.