$280,000
$300,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/06/2026
Key Details
Sold Price $280,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 925808
Sold Date 08/06/26
HOA Y/N No
Year Built 1940
Annual Tax Amount $2,564
Acres 0.26
Property Sub-Type Commercial
Source Roanoke Valley Association of REALTORS®
Property Description
Great commercial opportunity in a highly desirable location just a few blocks from Downtown Salem! Situated on a flat corner lot, this versatile property offers incredible potential for a wide variety of business uses. The building features a welcoming large front porch, a spacious foyer, multiple flexible rooms, and tow half bathrooms, making it ideal for offices, retail, or service-based operations. Ample parking is available with a large lot behind the building, ensuring convenience for clients and staff alike. Additionally, the detached garage - complete with its own address, separate electrical service, and plumbing for a bathroom - provides even more possibilities for expansion, rental income, or a secondary workspace.
Location
State VA
County City Of Salem
Area 0.26
Zoning CBD
Direction 419 (Electric Rd) to East Main St to Left on S Colorado St, property on Left.
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Vinyl
Fireplace No
Exterior
Parking Features On Site
View City
Roof Type Shingle
Topography Level
Garage No
Building
Story One
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 160-6-7
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