REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by BAILEY JENKINS NEST REALTY SOUTHSIDE
$ 399,000
Est. payment /mo
New
701707 Salem SW AVE Roanoke, VA 24016
4 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 930443
HOA Y/N No
Year Built 1900
Annual Tax Amount $3,951
Acres 0.16
Property Sub-Type Commercial
Source Roanoke Valley Association of REALTORS®
Property Description
701-707 Salem Avenue Southwest presents a unique Downtown Roanoke offering that includes the possibility to operate your business in an up-and-expanding area, or purchase as a fantastic investment for years to come with three different rentable options. Salem Avenue features unbeatable visibility and endless opportunity for a variety of different brick and mortars. Think local grocery market to service the nearby residential buildings, or vintage clothes store, or local café servicing coffee drinks and gourmet pastries. The main commercial building (701) features a total of 2,500 sqft and includes primed retail space on the first level with fresh paint inside and out and a versatile layout. Upstairs you'll find a rentable and move-in-ready two bedroom, one bathroom residential condo to live where you operate or have available for additional income. The neighboring 2,100 sqft warehouse features new exterior paint, two oversized and tall garage doors, two half bathrooms, plus one loading dock on the side for all of your supply or storage needs. The entire 0.16 acre yard is also fenced-in for added security and peace of mind, and is available for additional customer parking or vehicle storage. 701 Salem Avenue has a known historical track record of businesses that include a barber shop, market and sandwich shop, and more. With a functional layout, plentiful mixed commercial square footage, and fabulously convenient location, any operation will be set up to thrive here.
Location
State VA
County City Of Roanoke
Area 0.16
Zoning 400-Commercial/
Direction Corner of Salem Avenue SW
Interior
Heating Gas Heat, Electric
Cooling Electric
Flooring Carpet, Concrete, Laminate
Fireplace No
Exterior
Parking Features On Site
View City
Topography Level
Garage No
Building
Story Two
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 1111117 & 1111118
Miscellaneous Door Height, Ceiling Height
