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1929 Apperson Dr, Salem, VA 24153

$624,950
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Active
MLS#918177
STATUSActive PROPERTY TYPECommercial - Investment

Property Description

Investment property for sale. It is strategically located along the main corridor linking Salem and Roanoke. This premier property offers great exposure and accessibility. The building is comprised of approximately 6,143 square feet situated on roughly 0.87 acre. It has over 400 feet of road frontage and a daily traffic flow exceeding 21,000+ vehicles. Improvements made by the current owner include a new roof, fresh exterior paint, and cosmetic upgrades; which have enhanced the property's appeal. The sole occupying tenant, Blue Ridge Hydroponics, is a locally owned small business dedicated to educating the community and consumers on growing techniques to foster independence and sustainability. The tenant is in it's first year of a five-year lease which has annual rent escalations.

1929 Apperson Dr | MLS# 918177

This commercial property located at 1929 Apperson Dr, Salem, VA 24153 is currently listed for sale with an asking price of $624,950. Search Salem real estate on www.mkbrealtors.com today.

Property Features

Property Type: Commercial - Investment
Lot Size: 0.87 Acres
Taxes: $3,600
Year Built: 1954

Feature Descriptions

Commercial Type: Investment
Days on Site: 337
Exterior: Block, Metal Siding
Lot Dimensions: 0.87 acre(s)
Sewer: Private Sewer
Water: Private Water

Listed By / Shown By

Listed By

Agency Name: EDWIN C HALL ASSOCIATES INC
Agency Phone: (540) 982-0011

Shown By

Agency Title: MKB, REALTORS
Agency Phone: 540-989-4555

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