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1622 E Main St
Salem, VA 24153
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Direct exposure to over 35,000 VPD

EXECUTIVE SUMMARY

Adjacent to newly constructed Public Storage Facility and Lakeside Plaza. Direct interstate access to I-81; Fluid access to the site via Electric Road (Rt 419) and E Main Street

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,104 SF
Building Class
C
Year Built
1989
Price
$1,300,000
Price Per SF
$1,177.54
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.80 AC
Opportunity Zone
Yes
Zoning
HBD
Parking
15 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
181’ on Main St

AMENITIES

  • Pylon Sign

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
80-1-1
Land Assessment
$307,500
Improvements Assessment
$179,400
Total Assessment
$486,900
  • Listing ID: 33071521

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 1622 E Main St, Salem, VA 24153

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