Retail

Salem, VA Retail Properties & Spaces for Lease

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Found 12 retail property listings for lease in Salem, VA, averaging $14/SF/YR. Use lease type data to compare options faster.
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Strip Mall Space with High Ceilings
Updated: Sep 5
Strip Mall Space with High Ceilings

221 Electric Road, Salem, VA 24153

$16 SF/Yr
1,650 sqft
25‑foot‑wide by 66‑foot‑deep storefront units
High ceilings and an in‑unit restroom
Ample parking for shopping center users
Signage opportunities at the storefront
At the intersection of Electric Road (Route 419) and East Main Street (Route 460/11)
View details
Corner End-Cap Retail Suite
Updated: Jun 17
Corner End-Cap Retail Suite

2012 Apperson Drive, Salem, VA 24153

$10 SF/Yr
5,600 sqft
Approximately 5,600 SF end‑cap retail space at 2012 Apperson Drive in Salem, Virginia
Open layout suited for retail, showroom, or service‑oriented uses
Existing restrooms for staff and customers
Fully conditioned premises with HVAC for year‑round comfort
Corner end‑cap position for signage opportunities and easy customer access
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Shell Retail Space
Shell Retail Space

2383 Roanoke Boulevard, Salem, VA 24153

$14 SF/Yr
9,000 sqft

Flexible shell condition supports customized interiors for qualified tenants.

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Class A Standalone Retail Building
Class A Standalone Retail Building

201 Electric Rd, Salem, VA 24153

$15.95 SF/Yr
7,980 sqft  Built 1989

Standalone Class A retail building with a fully equipped kitchen, ample parking, and signalized corner frontage.

100 parking spaces
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End-Cap Retail Suite
End-Cap Retail Suite

2010 Apperson Drive, Salem, VA 24153

Triple net (NNN)
Contact for pricing
5,600 sqft  Endcap

Open-plan space includes customer and staff restrooms, full conditioning, and on-site parking.

Existing bathrooms  Fully conditioned space  On-site parking
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Retail Space with Display Windows
Retail Space with Display Windows

109 E MAIN ST, Salem, VA 24153

Contact for pricing
3,335 sqft

Renovated downtown premises offer separate front and rear areas, two restrooms, and sprinkler protection.

Sprinklered  Display windows  Terrazzo floor  Tall ceilings
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Inline Retail Suite
Inline Retail Suite

1923 Electric Rd, Salem, VA 24153

Contact for pricing
336 sqft

Inline retail space available with an additional outlot space option in a shopping center anchored by Kroger.

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Renovated Shopping Center
Renovated Shopping Center

1306 W Main St, Salem, VA 24153

Contact for pricing
Built 2003 / renov 2026

Multi-tenant retail center with signalized access, ample parking, multiple entry points, and pylon signage.

182 parking spaces  Signalized intersection  Pylon sign  Multiple points of ingress and egress
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Redeveloped Retail Space Available
Redeveloped Retail Space Available

1355 W Main Street, Salem, VA 24153

Contact for pricing

Junior anchor and small shop availabilities in redeveloped center.

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Retail Space in Salem Center
Retail Space in Salem Center

1477-1486 W Main St, Salem, VA

Contact for pricing
3,791 sqft

Retail space available in grocer-anchored shopping center.

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Retail Space on Hard Corner Intersection
Retail Space on Hard Corner Intersection

1622 E Main St, Salem, VA 24153

Contact for pricing
1,104 sqft
Highway access

Retail space on 2.25 acres with multiple access points and signage available at a hard corner signalized intersection.

Multiple access points  Hard corner signalized intersection  Signage available
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Retail Space in Salem Corridor
Retail Space in Salem Corridor

1325 W Main St, Salem, VA

Contact for pricing
2,800 sqft

Retail spaces available in Salem's major shopping corridor.

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12 active listings match your search: Retail for lease in Salem, VA. Based on your search, we've also compiled 11 Potential Opportunities for your consideration: 4 spaces in nearby cities and 7 properties for sale.

Retail properties & Spaces for Lease in Nearby Cities

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

Retail Strip Center For Lease
Retail Strip Center For Lease

631 Peters Creek Rd NW, Roanoke, VA 24017

$12 SF/Yr
Built 2005

Retail strip center with long-term tenants and ample parking.

View details
Retail Space Near Major Retailers
Retail Space Near Major Retailers

2911-2935 Hershberger Rd NW, Roanoke, VA

Triple net (NNN)
Contact for pricing
8,000 sqft

Available retail spaces in a shopping center, prime location.

View details
Retail Center Office-Retail Suites
Retail Center Office-Retail Suites

3100 Peters Creek Rd, Roanoke, VA 24019

Modified gross
Contact for pricing
815 sqft

Professionally managed retail center offers multiple office and retail suites with prominent signage and ample parking.

View details
Retail Space in High-Traffic Area
Retail Space in High-Traffic Area

631-635 Peters Creek Rd NW, Roanoke, VA

Modified gross
Contact for pricing
1,750 sqft

Retail space with high visibility and strong residential base.

View details

Similar Spaces for Sale in Salem, VA

Consider Similar Space for Sale. We found 7 Spaces matching your search parameters.

Stand-Alone Retail Building with Kitchen
Stand-Alone Retail Building with Kitchen

201 Electric Rd, Salem, VA 24153

$1,595,000
7,980 sqft 1.26 AC lot

Class A stand-alone retail building with a fully equipped kitchen on a signalized corner and ample parking.

View details
Standalone Office/Retail Building
Standalone Office/Retail Building

1532 Apperson Drive, Salem, VA 24153

$425,000
3,216 sqft 0.59 AC lot

Freestanding building constructed in 1950 provides flexible office or retail use on owned commercial land.

View details
Operating Tunnel Car Wash
Operating Tunnel Car Wash

1001 W Main St, Salem, VA 24153

Contact for pricing
3,700 sqft 0.64 AC lot

The facility pairs an equipped wash line with customer, office, payment, and vacuum infrastructure.

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Automotive Repair Building with Bays
Automotive Repair Building with Bays

2050 E Main St, Salem, VA 24153

$525,000

Multi-bay automotive facility with offices, paint booth, floor drains, and ample front and rear parking on a corner site.

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Corner Retail Space
Corner Retail Space

626 8th St, Salem, VA 24153

Contact for pricing

Two main rooms connect to a separate office, with a half bath and natural gas heat.

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Salem Retail/Office Building For Sale
Salem Retail/Office Building For Sale

1432 Apperson Dr, Salem, VA 24153

Contact for pricing
3,179 sqft 1.00 AC lot

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

View details
Mixed-Use Corner Property
Mixed-Use Corner Property

901 S Colorado St, Salem, VA 24153

$400,000

Two completely remodeled commercial buildings offer retail/office space and fully leased residential units on a corner lot.

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Salem, VA Retail properties & Spaces Lease Rates & Market Statistics

Explore 12 Retail properties & Spaces for lease in Salem, VA on Realmo, a commercial real estate exchange covering the Salem area. The current inventory totals 41,196 square feet of properties — an average of ~3,450 SF per listing.

Asking lease rates for Retail properties & Spaces in Salem start at $10 SF/Yr, average $13.99 SF/Yr, and reach $16 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $13.99 SF/Yr is 36% below the Virginia state average of $21.75 SF/Yr.

Salem accounts for 27% of the 44 retail properties & spaces currently available across Salem County, where a nearby market includes Roanoke. By space type, the market includes 5 shopping centers and 3 storefront properties.

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