223 Craig AVE, Salem, VA 24153

New Listing
$385,000
Property Type: Land Lot Size (sq. ft.): 43,124 Status: Active
Current Price: $385,000 List Date: 10/09/2026 Last Modified: 10/09/2026

Overview

Description

Prime Development Opportunity in the City of Salem! Ideally located directly across from Roanoke College, this property offers excellent potential for residential development. With access from Thompson Memorial Drive, the land offers the possibility of being subdivided into three individual building lots or developed for townhomes, subject to City of Salem zoning and subdivision approvals. Conveniently located within walking distance of downtown Salem, shopping, dining, and just minutes from Interstate 81. A fantastic opportunity for builders, developers, or investors in a highly desirable location. Proposed development plans are available in the attached documents. Don't miss this rare opportunity in the heart of Salem!

Listing Details MLS# 932246

Location, Tax & Legal

Area
0300 - City of Salem
Street Number
223
Street Name
Craig
Street Suffix
AVE
State/Province
VA
Zip Code
24153
Subdivision
N/A
Municipality
City of Salem
Elementary School
G. W. Carver
Middle School
Andrew Lewis
High School
Salem High

General Property Description

Land Type
Land (Acreage)
Land Sub-Type
Residential - Single Family
Total Acreage
0.99
Manufactured Allowed
No
Water Class
N/A

More Information

Property Features

Limited Service: Not Limited Service Land Description: Level Misc Features: Cable TV Avail; Walk Dist to School Property Description: Paved Road; Secluded Documents Available: Survey Electric Description: Other - See Remarks Water Description: Public Sewer Description: Public Sewer Internet Access: Cable
Listing Office: MKB, REALTORS®
Last Updated: October - 09 - 2026
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