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Property profile & analytics

2383 Roanoke Blvd Salem, VA 24153

  • Retail space
  • 9,000 SF
  • 1.37 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-3429375
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • DAV Roanoke Valley Honor Guard / Bar
  • DAV Thrift Store / Thrift Store

Property Details for 2383 Roanoke Blvd

Year built
1991
Lot size
1.37 lot acres
Property size
9,000 SF
Property type
Retail space
Property subtype
Storefront properties

Description

This exceptional 9,000-square-foot mixed-use property in Salem, Virginia, presents a unique investment opportunity. Located on Roanoke Boulevard (US Route 460), this single-story building boasts a prime location with approximately 16,000 vehicles passing daily. Built in 1991, the property sits on a 1.37-acre lot and includes 42 parking spaces. Currently vacant, the building offers three independent, approximately 3,000-square-foot units, each with its own entrance, previously used as a restaurant, storefront, and traditional office. The zoning is HBD (Highway Business District). The asking price of $695,000 includes restaurant equipment, but excludes lounge furniture and lodge furnishings. The property benefits from a sprinkler system and is situated directly across from the Salem Veteran Affairs Medical Center and Virginia Veterans Care Center, providing high visibility and potential for a diverse range of businesses. This is a rare chance to acquire a substantial, well-located mixed-use building in a thriving area. The property is owned by the Disabled American Veterans, Department of Virginia, Inc. and is being offered for sale for the first time.


Value Estimations

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Location Insight

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City
Salem
County
Roanoke
State
Virginia
Longitude
-80.014076777017
Latitude
37.279003182245
More about this property
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