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1000 Electric Rd
Salem, VA 24153
Retail Property For Sale
EXECUTIVE SUMMARY
Prime commercial corner available for the first time in over 30 years. Previous convenience store with great potential Over 20K vehicles per day pass by this highly visible corner. Don't miss out on this rare opportunity!
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,940 SF
Building Class
C
Year Built
1988
Price
$1,500,000
Price Per SF
$252.53
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.62 AC
Zoning
RB
Parking
10 Spaces (1.68 Spaces per 1,000 SF Leased)
Frontage
114’ on Electric Rd
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 221-2-1 | Improvements Assessment | $330,900 |
| Land Assessment | $192,500 | Total Assessment | $523,400 |
PROPERTY TAXES
Parcel Number
221-2-1
Land Assessment
$192,500
Improvements Assessment
$330,900
Total Assessment
$523,400
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