$275,000
Salem, VA 24153
MLS# 928275
1 baths
1 / 46
Property Description
High-visibility Salem commercial property on a premier corner lot facing South Colorado Street! Featuring high traffic counts and excellent exposure, this classic brick structure is zoned for commercial use and is ideal for a law office, accounting firm, or professional services. The main level showcases beautiful Heart Pine floors, a welcoming lobby/reception area with built-in bookshelves, two private offices, a kitchen area, and a restroom. The carpeted upper attic includes a window A/C unit and serves as excellent storage or administrative space. Key capital improvements include a new architectural shingle roof (2024) and updated gas heat/central air (2021). Complete with a detached garage, parking for 5 vehicles, and a prime location near the Roanoke River and Roanoke River Greenway.
Details
Maps
General Property Description
Lot Dimensions: 75 X 150 X 54.40 X 153
Construction Status: Completed
Total Acreage: 0.24
Flood Area: Yes
Gross Lot SqFt: 0.24
On site Parking: Yes
Basement Y/N: No
Parking Spaces: 4
Water Class: N/A
Gross Building SqFt: 1941
Office SqFt: 1294
Lease Available: No
Year Built: 1919
Total Bths: 1
Location, Tax & Legal
Major Area: 03 - City of Salem
Subdivision Map: Riverlee
Legal: Lot 4 Riverlee
Tax ID: 234-1-3
Annual Taxes: 2289
Zoning Code: CBD
Area: 0300 - City of Salem
Street Number: 1403
Street Direction Pfx: S
Street Name: Colorado
Street Suffix: ST
State/Province: VA
Zip Code: 24153
Municipality: City of Salem
Remarks & Misc
Directions: Apperson Drive to Colorado Street to Property on Left or 4th Street to South on Colorado Street to Property on the Right
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Commercial Type
Office: 1
Views
Mountain(s): 1
Business Type
Professional/Office: 1
Sale Includes
Building & Land: 1
Heating
Natural Gas: 1
Cooling
Electric: 1
Window Unit(s): 1
Water Description
Public: 1
Documents Available
Elevation Survey: 1
Survey: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Water Heater Type
Tank: 1
Water Heater Energy
Electric: 1
Roof System
Shingle: 1
Levels
One: 1
Floors
Vinyl: 1
Wood: 1
Additional Features
Additional Buildings: 1
Fenced: 1
Topography
Level: 1
Contract Information
Current Price: $275,000
List Price: $275,000
List Date: 2026-06-08
Status: Active
Property Features
Limited Service: Not Limited Service
Commercial Type: Office
Business Type: Professional/Office
Sale Includes: Building & Land
Construction: Brick
Roof System: Shingle
Levels: One
Heating: Natural Gas
Cooling: Electric; Window Unit(s)
Floors: Vinyl; Wood
Manufactured Homes: No HUD Tag
Additional Features: Additional Buildings; Fenced
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Documents Available: Elevation Survey; Survey
Topography: Level
Views: Mountain(s)
Supplements
The custom-built furniture in the front office is included with the sale of the property.
Outstanding structural and mechanical updates offer total peace of mind, including a new architectural shingle roof (2024) and an updated gas heat and central air system (2021). Some Replacement Windows. The exterior boasts a fenced lot with a detached garage and dedicated parking area for clients and staff. Situated just steps from the scenic Roanoke River and Roanoke River Greenway, this move-in-ready property perfectly balances high-traffic commercial viability with a highly desirable Salem location. Zoned for commercial use and previously utilized as a successful law office.
Note * Taxes, Square Footage and Lot Size are Estimated by the Listing Agent Based on City of Salem GIS Information. Buyers and Buyers Agents Should Verify All Information.
Listing Office: BARKER REALTY CO
Last Updated: June - 08 - 2026
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