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901 S Colorado St 3,995 SF 100% Leased Retail Building Salem, VA 24153 $435,000 ($108.89/SF)
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$48,000
|
$12.02
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$48,000
|
$12.02
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$16,750
|
$4.19
|
| Net Operating Income |
$31,250
|
$7.82
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $48,000 |
| Annual Per SF | $12.02 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $48,000 |
| Annual Per SF | $12.02 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $16,750 |
| Annual Per SF | $4.19 |
| Net Operating Income | |
|---|---|
| Annual | $31,250 |
| Annual Per SF | $7.82 |
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Arts, Entertainment, and Recreation
- -
- -
- Plus Utilities
- -
Hammer & Stain is a Do-it-Yourself Studio specializing in Home Decor. Attend a Public Workshop, Book a Private Party, or just spend time crafting during the day with us. We offer all types of projects from Wall Signs, Yard Games, Customized Picture Pallets, Porch Decor, Chunky Knit Blankets, and Functional Decor. We will walk you through the process step by step, sharing our tips and painting techniques to add texture and visual interest to your one of a kind handmade project. We want you to make something you'd display proudly. If the public setting isn't for you, you can even grab a Kit and Take it Home to craft at your convenience! Everyone can enjoy the experience at Hammer & Stain Roanoke from advanced to beginner, and any and all age groups. We offer custom projects and premade projects. If you don't see the project you'd like, just send us a message to hammerstainroanoke@gmail.com and we will help you bring your vision to life. Typical private studio time will last for 2 hours.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Arts, Entertainment, and Recreation | - | - | Plus Utilities | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 184-4-8 | Improvements Assessment | $289,500 |
| Land Assessment | $43,300 | Total Assessment | $332,800 |
PROPERTY TAXES
Presented by
L & M Properties, LLC
901 S Colorado St
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