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    Salem, VA Retail Space for Sale

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    Roanoke, VA Cave Spring, VA Hollins, VA
    6 listings
    Owner-Occupant Office/Service Building
    $495,000
    0.45 Acres
    Owner-Occupant Office/Service Building

    904 Apperson Dr, Salem, VA 24153

    Well-maintained building with hardwood floors, large windows, and an ADA-compliant restroom for small office, service, or retail use.
    • 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.
    Updated: Feb 28
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    Well-Maintained Office/Retail Building For Sale
    $495,000
    1,455 SF
    Well-Maintained Office/Retail Building For Sale

    904 Apperson Dr, Salem, VA 24153

    Pristine building suitable for office, service, or retail use.
    • Pristine condition, indicating a well‑maintained property.
    • Good parking, visibility, and access, making it ideal for customers.
    • Suitable for office, service, or retail use, offering versatility.
    • Beautiful hardwood floors and large windows provide natural light.
    • ADA compliant restroom ensures accessibility.
    Updated: Mar 3
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    Salem Retail/Office Building For Sale
    $1,350,000
    3,179 SF
    Salem Retail/Office Building For Sale

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

    1432 Apperson Dr, Salem, VA 24153

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    Salem Retail Space For Sale
    $1,795,000
    10,545 SF
    Salem Retail Space For Sale

    Retail space for sale with high visibility and accessibility.

    1650 Braeburn Dr, Salem, VA 24153

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    Redevelopment Opportunity in Salem
    $1,900,000
    1,104 SF
    Redevelopment Opportunity in Salem

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

    1622 E Main St, Salem, VA

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    Developable Land For Sale
    $149,950
    0.56 Acres
    Developable Land For Sale

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

    2005 E Main St, Salem, VA 24153

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 6 Active listings in Salem, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 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.

    Updated Retail/Office Building in Roanoke
    $349,950
    0.59 Acres
    Updated Retail/Office Building in Roanoke

    Versatile C-2 zoned retail/office building with recent updates.

    4310 Brandon Ave SW, Roanoke, VA 24018

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    Roanoke, Virginia NNN Investment Property
    Contact for pricing
    7,770 SF
    Roanoke, Virginia NNN Investment Property

    NNN leased Dental Care Alliance investment property in Roanoke, Virginia.

    1930 Electric Rd, Roanoke, VA

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    Retail Space on Brambleton Avenue
    $850,000
    1,644 SF
    Retail Space on Brambleton Avenue

    Retail space with high visibility and good traffic count.

    3406 Brambleton Ave, Roanoke, VA

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    Green Ridge Center For Sale
    $1,649,000
    13,908 SF
    Green Ridge Center For Sale

    Mixed-use property with retail and office spaces available for sale.

    2350 Peters Crk Rd NW, Roanoke, VA 24017

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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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

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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.

    2383 Roanoke Blvd
    Individual retail properties
    9,000 SF Lot: 1.37 Acres
    Value Estimation by Request

    2383 Roanoke Blvd, Salem, VA 24153

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    Salem, VA Retail Space Investment Opportunities Market Analysis

    Explore 7 retail space for sale in Salem, VA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 16,283 square feet of properties for sale, with an estimated market value of $5,540,000.

    Sale prices for retail space in Salem, VA start at $495,000, averaging $1,385,000, and reaching up to $1,900,000 — 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 1
    Automotive properties 1
    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 $857K

    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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