212 E Main St, Salem, VA 24153

$595,000
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Active
MLS#893530
STATUSActive PROPERTY TYPECommercial - Investment

Property Description

Fantastic Salem building featuring vintage stylings, ample downtown parking, and two income producing units. New roof to be installed in October-November 2022. Entry level office/retail space leased for $14/sq ft through mid December 2024. Upper level apartment has rented for $1,325/month through October 31, 2023. Property has expected gross rental income of $3,675 monthly, $44,100 annually.

212 E Main St | MLS# 893530

This commercial property located at 212 E Main St, Salem, VA 24153 is currently listed for sale with an asking price of $595,000. Search Salem real estate on www.roanokehome.com today.

Property Features

Property Type: Commercial - Investment
Cooling: Electric
Heating: Gas Heat
Taxes: $2,436
Year Built: 1895

Feature Descriptions

Commercial Type: Investment, Office, Retail
Days on Site: 111
Exterior: Brick
Floor: Carpet
Lot: Level
Parking Spaces: 18.00
Sewer: Public Sewer
Special View Info: City
SQFT Retail: 1989.00
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: LAWSON REALTY GROUP LLC
Agency Phone: (540) 345-9141

Shown By

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

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