1637 E Main ST & 1641, Salem, VA 24153

$1,800,000
Property Type: Commercial Lot Size (sq. ft.): 85,378 Status: Closed
Current Price: $1,800,000 List Date: 10/22/2020 Last Modified: 9/25/2024

Overview

Description

Rare business corner at a high traffic intersection in Salem, VA. Close to I-81 and downtown Salem. Zoned Light Manufacturing and Highway Business District. Great property for a variety of uses. Property currently has two entrances with a third potential entrance from Rt. 419. Please bring offers.

Listing Details MLS# 874467

Location, Tax & Legal

Area
0300 - City of Salem
Street Number
1637
Street Direction Pfx
E
Street Name
Main
Street Suffix
ST
State/Province
VA
Zip Code
24153
Municipality
City of Salem
Major Area
03 - City of Salem
Unit #
& 1641
Subdivision Map
H F Mason Map
Tax ID
See remarks
Annual Taxes
12644
Zoning Code
LM, HBD

General Property Description

Construction Status
Completed
Year Built
1952
Lot Dimensions
220 x 347
Total Acreage
1.96
Road Frontage
640
Flood Area
No
On site Parking
Yes
Gross Building SqFt
33292
Retail SqFt
4117
Warehouse SqFt
23380
Lease Available
No
Leaseable SqFt
5795
Water Class
N/A

Status Change Info

Ratified Contract Dt
2021-05-06
Sold Date
2022-10-07

Business Type

Type of Business (Historical Field)
Commercial

Remarks & Misc

Public Remarks
Rare business corner at a high traffic intersection in Salem, VA. Close to I-81 and downtown Salem. Zoned Light Manufacturing and Highway Business District. Great property for a variety of uses. Property currently has two entrances with a third potential entrance from Rt. 419. Please bring offers.
Directions
Corner of E. Main St. and Electric Rd. (Rt 419)

More Information

Limited Service

Not Limited Service
Yes

Construction

Block
Yes
Metal Siding
Yes

Commercial Type

Industrial
Yes
Retail
Yes
Warehouse
Yes

Sale Includes

Building & Land
Yes

Heating

Electric
Yes
Natural Gas
Yes

Cooling

None
Yes

Income & Expenses

Gross Income
60000

Water Description

Public
Yes

Sewer Description

Public Sewer
Yes

Manufactured Homes

No HUD Tag
Yes

Floors

Concrete
Yes

Additional Features

Additional Buildings
Yes
Loading Docks
Yes

Topography

Level
Yes

Property Features

Limited Service: Not Limited Service Commercial Type: Industrial; Retail; Warehouse Sale Includes: Building & Land Construction: Block; Metal Siding Heating: Electric; Natural Gas Cooling: None Floors: Concrete Manufactured Homes: No HUD Tag Additional Features: Additional Buildings; Loading Docks Water Description: Public Sewer Description: Public Sewer Topography: Level
Listing Office: U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD
Last Updated: September - 25 - 2024
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.