111 E Main St , Salem, VA 24153

$625,000
  • Main Photo
Active
MLS#892617
STATUSActive PROPERTY TYPECommercial - Investment

Property Description

Rare opportunity to own a building in Downtown Salem! Two ground floor office/retail spaces with three apartments on the 2nd floor. Building is fully sprinkled with private parking, newer roof and recently built back stairs to access the residential apartments. Left commercial space leased through December for $600 per month. Potential lease-back opportunity for the right side. Upstairs apartments are in need of remodeling and consist of two, one BR apartments and one studio apartment -currently leased month to month for $400, $375 and $375.

111 E Main St | MLS# 892617

This commercial property located at 111 E Main St , Salem, VA 24153 is currently listed for sale with an asking price of $625,000. Search Salem real estate on www.roanokehome.com today.

Property Features

Property Type: Commercial - Investment
Basement: Yes
Cooling: Electric
Heating: Electric, Gas Heat
Lot Size: 0.15 Acres
Roof Type: Metal
Taxes: $3,262
Year Built: 1905

Feature Descriptions

Additional Features: Display Window, Freight Elevator
Commercial Type: Investment, Office
Days on Site: 93
Exterior: Brick, Other - See Remarks
Floor: Carpet, Other - See Remarks, Wood
Lot Dimensions: 0.15 acre(s)
Sewer: Public Sewer
Special View Info: City
SQFT Office: 2468.00
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: WALDVOGEL COMMERCIAL PROPERTIES
Agency Phone: (540) 342-0800

Shown By

Agent Name: Ed Smith
Agent Phone: (540) 353-2800 Cell
Agency Title: MKB, REALTORS

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