For Sale

Prime Salem / Roanoke Corner Property

201 Electric Rd,
Salem, VA 24153

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