Salem, VA
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    Salem, VA Storefront Properties for Sale

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    Roanoke, VA Catawba, VA Cave Spring, VA
    Redevelopment Opportunity in Salem
    $1,900,000
    1,104 SF
    Redevelopment Opportunity in Salem

    1622 E Main St, Salem, VA

    Hard corner in Salem's I-81 district south.
    • Hard corner signalized intersection for maximum exposure.
    • Multiple access points offer convenience for customers and deliveries.
    • Redevelopment opportunity to create a tailored space.
    • Situated in the city of Salem’s Interstate 81 District South.
    Updated: Oct 21, 2022
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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 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.

    Retail/Office Building with Full Bath
    $339,950
    0.59 Acres
    Retail/Office Building with Full Bath

    C-2 zoned building with recent roof, HVAC heat pump, water heater, and new floors, plus full bath and storage.

    4310 Brandon Ave SW, Roanoke, VA 24018

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    Grandin Village Retail Opportunity
    $424,950
    2,900 SF
    Grandin Village Retail Opportunity

    Commercial property in Roanoke's Grandin Village, heavy traffic area.

    1911 Memorial Ave SW, 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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    Former Family Dollar Storefront Available
    $700,000
    8,316 SF
    Former Family Dollar Storefront Available

    8,316 SF commercial space for sale or lease.

    4160 Melrose Ave 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.

    Land Parcels Adjacent to Home Depot
    Contact for pricing
    2.30 Acres
    Land Parcels Adjacent to Home Depot

    Parcels near Home Depot suitable for retail and hospitality.

    3217 Hershberger Rd. |, Roanoke, VA 24017

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    Redevelopment Commercial Land Site
    $425,000
    0.46 Acres
    Redevelopment Commercial Land Site

    Vacant general business parcel with rough grading, a planned 2,000 SF building footprint, and parking for commercial redevelopment.

    2140 ROANOKE Street, Christiansburg, VA 24073

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    Land in Downtown Moneta
    $510,000
    0.14 Acres
    Land in Downtown Moneta

    Commercial land available in Moneta, Virginia.

    Celebration Ave lot: 13, Moneta, VA 24121

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    Commercial Lot in Growing Development
    $510,000
    6,000 SF
    Commercial Lot in Growing Development

    Commercial lot ready for construction in Downtown Moneta, Virginia.

    Mercantile St lot: 12, Moneta, VA 24121

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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 Storefront Properties Investment Opportunities Market Analysis

    Explore 2 storefront properties for sale in Salem, VA on our real estate platform. These investment opportunities span a total of 1,104 square feet of properties for sale, with an estimated market value of $1,900,000.

    Sale prices for retail units in Salem, VA start at $1,900,000, averaging $1,900,000, 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%

    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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