1403 S Colorado ST, Salem, VA 24153

New Listing

$275,000

Virtual Tour

https://showsgreat.photography/1403-S-Colorado-St/idx

Property Type: Commercial Baths: 1 Lot Size (sq. ft.): 10,454 Status: Active

Current Price: $275,000 List Date: 8/05/2026 Last Modified: 8/05/2026

Overview

Description

High-visibility Salem commercial property on a premier corner lot facing South Colorado Street! Featuring high traffic counts and excellent exposure, this classic brick structure is zoned for commercial use and is ideal for a law office, accounting firm, or professional services. The main level showcases beautiful Heart Pine floors, a welcoming lobby/reception area with built-in bookshelves, two private offices, a kitchen area, and a restroom. The carpeted upper attic includes a window A/C unit and serves as excellent storage or administrative space. Key capital improvements include a new architectural shingle roof (2024) and updated gas heat/central air (2021). Complete with a detached garage, parking for 5 vehicles, and a prime location near the Roanoke River and Roanoke River Greenway.

Supplements: The custom-built furniture in the front office is included with the sale of the property. Outstanding structural and mechanical updates offer total peace of mind, including a new architectural shingle roof (2024) and an updated gas heat and central air system (2021). Some Replacement Windows. The exterior boasts a fenced lot with a detached garage ... (Read more)

Listing Details MLS# 928275

Location, Tax & Legal

Area: 0300 - City of Salem
Street Number: 1403
Street Direction Pfx: S
Street Name: Colorado
Street Suffix: ST
State/Province: VA
Zip Code: 24153
Municipality: City of Salem
Major Area: 03 - City of Salem
Subdivision Map: Riverlee
Legal: Lot 4 Riverlee
Tax ID: 234-1-3
Annual Taxes: 2289
Zoning Code: CBD

General Property Description

Construction Status: Completed
Year Built: 1919
Lot Dimensions: 75 X 150 X 54.40 X 153
Total Acreage: 0.24
Flood Area: Yes
Gross Lot SqFt: 0.24
On site Parking: Yes
Parking Spaces: 4
Gross Building SqFt: 1941
Office SqFt: 1294
Lease Available: No
Basement Y/N: No
Total Bths: Yes
Water Class: N/A

Remarks & Misc

Directions: Apperson Drive to Colorado Street to Property on Left or 4th Street to South on Colorado Street to Property on the Right

Limited Service

Not Limited Service: Yes

Construction

Brick: Yes

More Information

Commercial Type

Office: Yes

Views

Mountain(s): Yes

Business Type

Professional/Office: Yes

Sale Includes

Building & Land: Yes

Heating

Natural Gas: Yes

Cooling

Electric: Yes
Window Unit(s): Yes

Water Description

Public: Yes

Documents Available

Elevation Survey: Yes
Survey: Yes

Sewer Description

Public Sewer: Yes

Manufactured Homes

No HUD Tag: Yes

Water Heater Type

Tank: Yes

Water Heater Energy

Electric: Yes

Roof System

Shingle: Yes

Levels

One: Yes

Floors

Vinyl: Yes
Wood: Yes

Additional Features

Additional Buildings: Yes
Fenced: Yes

Topography

Level: Yes

Property Features

Limited Service: Not Limited Service Commercial Type: Office Business Type: Professional/Office Sale Includes: Building & Land Construction: Brick Roof System: Shingle Levels: One Heating: Natural Gas Cooling: Electric; Window Unit(s) Floors: Vinyl; Wood Manufactured Homes: No HUD Tag Additional Features: Additional Buildings; Fenced Water Description: Public Sewer Description: Public Sewer Water Heater Type: Tank Water Heater Energy: Electric Documents Available: Elevation Survey; Survey Topography: Level Views: Mountain(s)

Listing Office: BARKER REALTY CO

Last Updated: August - 05 - 2026

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