400-408 W Main St
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400-408 W Main St
2,466 SF 100% Leased Retail Building Salem, VA 24153 $1,100,000 ($446/SF)
Investment Highlights
- Zoned TBD
- High Vehicle Count Per Day
- Signalized Corner
- Ample Parking
Executive Summary
RealStar REALTORS Andy Mullins and Noah Beckley are pleased to offer for sale 404 W Main St. This property sits at a signalized corner lot and is zoned TBD. Located in the main thoroughfare of Salem, VA, this offering is walking distance to Roanoke College and just a short drive to interstate I-81. Both Leases in place until December 2026.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,466 SF
Building Class
C
Year Built
1964
Price
$1,100,000
Price Per SF
$446
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.68 AC
Zoning
TBD
Frontage
98 FT on W Main St
Amenities
- Pylon Sign
Walk Score ®
Very Walkable (71)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 123-4-1.1 | Improvements Assessment | $188,700 |
Land Assessment | $201,200 | Total Assessment | $389,900 |
PROPERTY TAXES
Parcel Number
123-4-1.1
Land Assessment
$201,200
Improvements Assessment
$188,700
Total Assessment
$389,900
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400-408 W Main St
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