124 W Main ST, Salem, VA 24153 (MLS# 873051)

124 W Main ST, Salem, VA 24153

$775,000

Property Type: Commercial Lot Size (sq. ft.): 39,204 Status: Closed

Current Price: $775,000 List Date: 9/04/2020 Last Modified: 9/24/2024

Overview

Description

An assemblage of properties including 114 W Main, 124 W Main St, and 16 Chestnut St are now available for development on the western edge of downtown Salem. TOTAL PRICE IS $1,220,000.00. These three parcels total 1.37 acres. There are 210 feet of frontage on W. Main Street and 284 feet of frontage on Chestnut Street. The combined parcels provide for a half city block of developable land. The site is located within the CBD of downtown Salem. There are sidewalks on both sides of the street and the corner of W. Main St. and Chestnut St. is signalized. New construction would be across the street from the First United Methodist Church and adjacent to the recently constructed Salem VA Credit Union

Listing Details MLS# 873051

Location, Tax & Legal

Area: 0300 - City of Salem
Street Number: 124
Street Direction Pfx: W
Street Name: Main
Street Suffix: ST
State/Province: VA
Zip Code: 24153
Municipality: City of Salem

General Property Description

Construction Status: Completed
Year Built: 1975
Lot Dimensions: 285 x 140
Total Acreage: 0.9
Road Frontage: 425
Flood Area: No
Gross Lot SqFt: 39204
On site Parking: Yes
Lease Available: No
Water Class: N/A

Status Change Info

Ratified Contract Dt: 2021-07-02
Sold Date: 2021-10-15

Business Type

Type of Business (Historical Field): Retail Car Wash CStore

More Information

Property Features

Limited Service: Not Limited Service Commercial Type: Investment; Retail Sale Includes: Building & Land Manufactured Homes: No HUD Tag Water Description: Public Sewer Description: Public Sewer

Listing Office: POE & CRONK REAL ESTATE GROUP

Last Updated: September - 24 - 2024

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