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107 W Main St
Salem, VA 24153
Retail Property For Lease · 5,000 SF

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HIGHLIGHTS

  • Prime Main Street location in Downtown Salem.
  • High visibility with 15,000 weekly traffic volume.
  • Surrounded by banks, retailers, and Roanoke College.
  • Custom buildout options for office or retail use.
  • Ample on-site parking for staff and customers.
  • Strong local demographics with high household income.

PROPERTY FACTS

Total Space Available 5,000 SF
Property Type Retail
Gross Leasable Area 10,883 SF
Year Built 1957
Parking Ratio 2/1,000 SF

ABOUT THE PROPERTY

Positioned in the heart of Downtown Salem, Virginia, 107 & 109 West Main Street presents a high-visibility leasing opportunity ideal for office or retail users seeking a customizable footprint in a walkable, well-trafficked corridor. This 5,000-square-foot building offers shell space that can be tailored to meet tenant specifications, with the flexibility to subdivide into two 2,500-square-foot suites. The property benefits from its prominent Main Street frontage, drawing attention from over 15,000 average weekly travelers and offering excellent signage potential. Ample on-site parking enhances accessibility for both employees and customers, while the surrounding area features a vibrant mix of local businesses, banks, and national retailers including CVS and Lowe’s. Roanoke College and Ridge View Bank are nearby, contributing to consistent daytime activity and foot traffic. Salem’s Downtown Business District zoning supports a wide range of commercial uses, and the area’s demographic profile reflects strong consumer spending power. Within a one-mile radius, the average household income exceeds $132,000, and the average home value is over $385,000, indicating a stable and affluent customer base. This location offers a rare blend of visibility, flexibility, and community connectivity, making it an ideal choice for professional services, boutique retail, or destination dining concepts.

  • Air Conditioning
  • Listing ID: 38305587

  • Date on Market: 2025-11-03

  • Last Updated:

  • Address: 107 W Main St, Salem, VA 24153

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