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    Salem, VA
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    Salem, VA Retail Properties & Spaces for Sale

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    Roanoke, VA Catawba, VA Cave Spring, VA
    9 properties
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    Owner-Occupant Office/Service Building
    Updated: Feb 28
    Owner-Occupant Office/Service Building

    904 Apperson Dr, Salem, VA 24153

    $495,000
    0.45 AC lot
    Pristine condition, well‑maintained building.
    Great visibility and access.
    Good parking for customers and staff.
    Beautiful hardwood floors.
    Large windows providing lots of natural light.
    View details
    Automotive Repair Building with Bays
    Updated: Dec 2, 2025
    Automotive Repair Building with Bays

    2050 E Main St, Salem, VA 24153

    $525,000
    Upper level: approx. 1,988 SF with four bay doors; includes two offices, shared restroom, floor drains, and one lift.
    Lower level: approx. 1,780 SF with three bay doors and a paint booth.
    Low‑maintenance vinyl exterior with a newly painted metal roof.
    125 feet of frontage on East Main Street with ample parking in front and at the rear.
    Highly visible corner location close to Peters Creek Road; zoned Highway Business District.
    View details
    Salem Retail/Office Building For Sale
    Salem Retail/Office Building For Sale

    1432 Apperson Dr, Salem, VA 24153

    $1,350,000
    3,179 sqft · 1.00 AC lot

    Highly visible retail/office building at signalized intersection in Salem, VA.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Industrial, Retail
    Industrial, Retail

    327 S College Ave, Salem, VA 24153

    $2,070,357
    19,941 sqft

    Auto shops · 19,941 SF

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    Well-Maintained Office/Retail Building For Sale
    Well-Maintained Office/Retail Building For Sale

    904 Apperson Dr, Salem, VA 24153

    $495,000
    1,455 sqft

    Pristine building suitable for office, service, or retail use.

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    Salem Retail Space For Sale
    Salem Retail Space For Sale

    1650 Braeburn Dr, Salem, VA 24153

    $1,795,000
    10,545 sqft

    Retail space for sale with high visibility and accessibility.

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    Retail Property in Salem, Virginia
    Retail Property in Salem, Virginia

    1439 W Kimball St, Salem, VA

    Contact for pricing
    176,806 sqft · 13.23 AC lot

    Large retail property available for sale in Salem, Virginia.

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    Redevelopment Opportunity in Salem
    Redevelopment Opportunity in Salem

    1622 E Main St, Salem, VA

    $1,900,000
    1,104 sqft · 1.76 AC lot

    Hard corner in Salem's I-81 district south.

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    Developable Land For Sale
    Developable Land For Sale

    2005 E Main St, Salem, VA 24153

    $149,950
    0.56 AC lot

    0.56 AC developable land, ideal for retail, restaurant, or office.

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    Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 9 Active listings in Salem, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 30 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    C-2 Retail/Office Building
    C-2 Retail/Office Building

    4310 Brandon Ave SW, Roanoke, VA 24018

    $299,999
    0.59 AC lot

    Updated C-2 building with parking, full bath, and flexible retail/office layout in Roanoke.

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    Peters Creek Road Commercial Property
    Peters Creek Road Commercial Property

    3783 Peters Creek Rd, Roanoke, VA 24018

    $1,300,000
    14,600 sqft · 1.27 AC lot

    Commercial property with visibility and access on 1.27 acres.

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    Prime Shopping Center on Melrose
    Prime Shopping Center on Melrose

    4142 Melrose Ave NW, Roanoke, VA 24017

    $6,200,000
    162,903 sqft · 3.74 AC lot

    Shopping center with high traffic and income potential.

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    Former Family Dollar Storefront Available
    Former Family Dollar Storefront Available

    4160 Melrose Ave NW, Roanoke, VA 24017

    $700,000
    8,316 sqft · 0.84 AC lot

    8,316 SF commercial space for sale or lease.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Parcels Adjacent to Home Depot
    Land Parcels Adjacent to Home Depot

    3217 Hershberger Rd. |, Roanoke, VA 24017

    Contact for pricing
    2.30 AC lot

    Parcels near Home Depot suitable for retail and hospitality.

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    Roanoke Land with Development Potential
    Roanoke Land with Development Potential

    Elm View Rd, Roanoke, VA 24018

    $3,101,040
    52.56 AC lot

    52.56 acres in Roanoke County with mixed zoning.

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    Commercial Lot Near Lowe's Store
    Commercial Lot Near Lowe's Store

    4252 Summit St, Roanoke, VA 24018

    $211,300
    2.12 AC lot

    Commercial land for sale near a busy corridor.

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    Commercial Lot Near Vinton Town
    Commercial Lot Near Vinton Town

    44 West Cleveland Avenue, Vinton, VA 24179

    $379,950
    20,037 sqft · 0.46 AC lot

    Commercial lot within walking distance to Vinton municipal building.

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    Off-Market Properties in Salem, VA

    Consider similar Off-Market properties in Salem, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3716 Garman Rd
    SERVICE STATION (FULL SERVICE)

    3716 Garman Rd, Salem, VA 24153-8800

    Value Estimation by Request
    2,520 sqft · 1.47 AC lot
    View details
    5956 Main St
    CONVENIENCE STORE

    5956 Main St, Salem, VA 24153-8242

    Value Estimation by Request
    3,190 sqft · 1.40 AC lot
    View details
    3572 Bradshaw Rd
    CONVENIENCE STORE

    3572 Bradshaw Rd, Salem, VA 24153-8714

    Value Estimation by Request
    3,200 sqft · 0.66 AC lot
    View details
    1435 Main St
    REGIONAL SHOPPING CENTER, MALL

    1435 Main St, Salem, VA 24153-3120

    $16,665,000
    Estimated value
    170,153 sqft · 13.22 AC lot
    View details
    211 Electric Rd
    REGIONAL SHOPPING CENTER, MALL

    211 Electric Rd, Salem, VA 24153-4431

    $580,000
    Estimated value
    20,500 sqft · 1.39 AC lot
    View details
    5264 Main St
    SERVICE STATION (FULL SERVICE)

    5264 Main St, Salem, VA 24153-8356

    $1,475,000
    Estimated value
    24,835 sqft · 3.91 AC lot
    View details
    1935 Electric Rd
    REGIONAL SHOPPING CENTER, MALL

    1935 Electric Rd, Salem, VA 24153

    $8,900,000
    Estimated value
    65,275 sqft · 5.70 AC lot
    View details
    1790 Thompson Memorial Dr
    RESTAURANT

    1790 Thompson Memorial Dr, Salem, VA 24153-1862

    Value Estimation by Request
    5,839 sqft · 3.25 AC lot
    View details
    925 Electric Rd
    VEHICLE SALES, RENTALS

    925 Electric Rd, Salem, VA 24153-4165

    $2,265,000
    Estimated value
    27,922 sqft · 15.25 AC lot
    View details
    4004 Main St
    SERVICE STATION (FULL SERVICE)

    4004 Main St, Salem, VA 24153-8504

    Value Estimation by Request
    4,650 sqft · 1.20 AC lot
    View details
    1325 Main St
    REGIONAL SHOPPING CENTER, MALL

    1325 Main St, Salem, VA 24153-4707

    Value Estimation by Request
    9,520 sqft · 1.07 AC lot
    View details
    1355 Main St
    REGIONAL SHOPPING CENTER, MALL

    1355 Main St, Salem, VA 24153-4707

    $800,000
    Estimated value
    88,087 sqft · 7.10 AC lot
    View details
    1764 Apperson Dr
    REGIONAL SHOPPING CENTER, MALL

    1764 Apperson Dr, Salem, VA 24153-7206

    $800,000
    Estimated value
    48,427 sqft · 6.71 AC lot
    View details
    4414 Main St
    SERVICE STATION (FULL SERVICE)

    4414 Main St, Salem, VA 24153-8512

    Value Estimation by Request
    1,300 sqft · 1.00 AC lot
    View details
    1601 Lynchburg Tpke
    REGIONAL SHOPPING CENTER, MALL

    1601 Lynchburg Tpke, Salem, VA 24153-5409

    Value Estimation by Request
    5,264 sqft · 1.06 AC lot
    View details

    Salem, VA Retail Properties & Spaces Market Trends and Statistics

    Explore 39 retail properties & spaces for sale in Salem, VA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 36,224 square feet of properties for sale, with an estimated market value of $7,610,357.

    Sale prices for stores in Salem, VA start at $495,000, averaging $1,522,071, and reaching up to $2,070,357 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 7
    Auto shops 2
    Automotive properties 2
    Storefront properties 1

    Demographics Overview

    Population 38K
    Population Growth (5Y) +0.3%
    Median Household Income $72,691
    College Educated 42.5%

    High-Yield Neighborhoods for Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    24153 $915K

    Taxes & Financing

    Tax Rate (average for all types) 1.16%
    Property Tax per SF $16.64 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Salem city

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Salem fall within the 25,000 to 50,000 square foot range.

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