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
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.
More Information MLS# 874467
General Property Description
Lot Dimensions: 220 x 347
Construction Status: Completed
Total Acreage: 1.96
Road Frontage: 640
Flood Area: No
On site Parking: Yes
Water Class: N/A
Gross Building SqFt: 33292
Retail SqFt: 4117
Warehouse SqFt: 23380
Lease Available: No
Leaseable SqFt: 5795
Year Built: 1952
Location, Tax & Legal
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
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
Remarks & Misc
Directions: Corner of E. Main St. and Electric Rd. (Rt 419)
Limited Service
Not Limited Service: 1
Construction
Block: 1
Metal Siding: 1
Commercial Type
Industrial: 1
Retail: 1
Warehouse: 1
Business Type
Type of Business (Historical Field): Commercial
Sale Includes
Building & Land: 1
Heating
Electric: 1
Natural Gas: 1
Cooling
None: 1
Income & Expenses
Gross Income: 60000
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Floors
Concrete: 1
Additional Features
Additional Buildings: 1
Loading Docks: 1
Topography
Level: 1
Contract Information
Current Price: $1,800,000
Sold Price: $1,800,000
List Date: 2020-10-21
Status: Closed
Status Change Info
Ratified Contract Dt: 2021-05-06
Sold Date: 2022-10-07
Sold Price: $1,800,000
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
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