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107 W Main St 2,500 - 10,000 SF of Space Available in Salem, VA 24153
HIGHLIGHTS
- Prime Main Street location in Downtown Salem.
- High visibility with 15,000 weekly traffic volume.
- Surrounded by banks, retailers, and Roanoke College.
- Custom buildout options for office or retail use.
- Ample on-site parking for staff and customers.
- Strong local demographics with high household income.
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 109 | 2,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 109
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 107 | 2,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 107 & 109 | 5,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 109 | 2,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 107
Positioned in the heart of Downtown Salem, this high-visibility property offers a rare leasing opportunity along the heavily trafficked Main Street corridor. This is 2,500 square feet of shell space to accommodate a range of tenant needs. The space is offered as a custom buildout, allowing tenants to tailor the interior to their operational requirements. The site benefits from a daily traffic count of 15,000 vehicles, ensuring strong exposure for businesses seeking walk-in clientele or brand visibility. Ample parking is available, enhancing convenience for both staff and visitors. The surrounding area includes a mix of national retailers, banks, and service providers, contributing to a vibrant commercial environment. Located just minutes from Roanoke College and within proximity to Ridge View Bank, CVS Pharmacy, and Lowe’s, the property is well-integrated into Salem’s active business district. Demographic data reveals a strong consumer base, with an average household income of $132,384 within a one-mile radius and a population of over 76,000 within five miles. This location offers a compelling blend of accessibility, customization potential, and market reach for tenants looking to establish or expand their presence in the Roanoke Valley region.
- Central Air Conditioning
- Flexible build-to-suit options
- Prime Main Street frontage in Downtown Salem
- High visibility with 15,000 vehicles passing daily
- Surrounded by national retailers
- Strong local demographics
1st Floor, Ste 107 & 109
Both spaces.
1st Floor, Ste 109
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 107 W MAIN ST, SALEM, VA 24153
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Biscuit & Bubbles
- Animal Care/Groom
- 1
- -
- GSA Mid-Atlantic Region 3
- Other Services
- 349
- National
- New Fangled Bride & Formals
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Biscuit & Bubbles | Animal Care/Groom | 1 | - |
| GSA Mid-Atlantic Region 3 | Other Services | 349 | National |
| New Fangled Bride & Formals | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 10,000 SF | Year Built | 1957 |
| Property Type | Retail | Parking Ratio | 2/1,000 SF |
| Gross Leasable Area | 10,883 SF |
| Total Space Available | 10,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 10,883 SF |
| Year Built | 1957 |
| Parking Ratio | 2/1,000 SF |
ABOUT THE PROPERTY
Positioned in the heart of Downtown Salem, Virginia, 107 & 109 West Main Street presents a high-visibility leasing opportunity ideal for office or retail users seeking a customizable footprint in a walkable, well-trafficked corridor. This 5,000-square-foot building offers shell space that can be tailored to meet tenant specifications, with the flexibility to subdivide into two 2,500-square-foot suites. The property benefits from its prominent Main Street frontage, drawing attention from over 15,000 average weekly travelers and offering excellent signage potential. Ample on-site parking enhances accessibility for both employees and customers, while the surrounding area features a vibrant mix of local businesses, banks, and national retailers including CVS and Lowe’s. Roanoke College and Ridge View Bank are nearby, contributing to consistent daytime activity and foot traffic. Salem’s Downtown Business District zoning supports a wide range of commercial uses, and the area’s demographic profile reflects strong consumer spending power. Within a one-mile radius, the average household income exceeds $132,000, and the average home value is over $385,000, indicating a stable and affluent customer base. This location offers a rare blend of visibility, flexibility, and community connectivity, making it an ideal choice for professional services, boutique retail, or destination dining concepts.
- Air Conditioning
NEARBY MAJOR RETAILERS
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107 W Main St
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