For Sale

Prime Salem / Roanoke Corner Property

201 Electric Rd,
Salem, VA 24153
Represented by
Poe & Cronk Real Estate Group

Asset Snapshot

Full Service
Retail Subtype
1989
Year Built
1.26 Acres
Land Area

Offering Summary

Investment Overview

Presented exclusively for sale by Poe & Cronk Real Estate Group, 201 Electric Road offers a 7,980± square foot commercial building situated on approximately 1.26 acres at a highly visible signalized corner along one of the Roanoke Valley’s established commercial corridors. Positioned at a signalized intersection with strong exposure along Electric Road, the site is well suited for an owner-user, investor, or redevelopment buyer seeking prominent commercial location and broad reuse potential. The existing improvements and site configuration can accommodate a range of retail, medical, professional office, service, showroom, and other commercial applications. The 1.26± acre corner site also offers a repositioning or redevelopment opportunity. The combination of visibility, access, existing improvements, and a proven commercial setting provides opportunity to reuse the existing building, adapt it to a new commercial use, or evaluate the site for a more intensive long-term use.


Investment Highlights

  • 7,980± SF commercial building on 1.26± acres
  • Prominent signalized corner along Electric Road
  • Flexible for retail, medical, office, service, or restaurant reuse
  • Strong owner-user, repositioning, or redevelopment opportunity

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,595,000
Asking Price

Investment Sales Broker

Thom Hubard, CCIM
Poe & Cronk Real Estate Group