2306 Riverside Dr West Riverside Dr Salem, VA 24153
- Commercial real estate
- 17.19 lot acres
Current Use by Public Records
- Riverside Nursery Inc / Plant Nursery
Property Details for 2306 Riverside Dr West Riverside Dr
- Lot size
- 17.19 lot acres
- Property type
- Commercial real estate
- APN
- 0612-88-3978-41, 0612-89-4428-61
Description
Exceptional investment opportunity in Salem, Virginia! This 17.19-acre property, encompassing the established Riverside Nursery, presents a unique blend of existing business and significant development potential. The nursery itself boasts over 47,000 square feet of greenhouse space and a 30-year history of profitability, producing high-quality plants for diverse uses. The property's R-1 zoning, coupled with its prime riverside location on the Roanoke River with private access and its residential surroundings, suggests opportunities for increased density. The existing infrastructure includes two large wells, one underground pipe drawing from the Roanoke River, and two septic systems. Adding to the property's appeal is a small, two-bedroom, one-bathroom house, ideal for on-site management or worker housing. The property's APN numbers are 0612-88-3978-41 and 0612-89-4428-61. This landmark Salem business offers a solid foundation for expansion or redevelopment. Detailed business information and private showings are available upon execution of a Non-Disclosure Agreement and verification of funds from a reputable financial institution. Asking price: $1,500,000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Roanoke
- State
- Virginia
- Longitude
- -80.096583274286
- Latitude
- 37.279996852354
