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Investment Highlights

  • Gas Staion/ Residence / 1 Acre Commercial Land
  • ADT 18600 - RT 11
  • Commercial land offers flexibility for future expansion opportunities.
  • Highly Visible 0.5 Miles from I81 Exit 132 located on RT 11
  • Renovated in 2024 with existing business infrastructure in place.
  • Positioned within the Roanoke Valley regional trade area.

Executive Summary

5383 W Main St presents an opportunity to acquire an operating convenience store and fuel station together with additional commercial land along one of Salem's primary commercial corridors. Positioned on West Main Street (US Route 11), the property benefits from direct frontage, established visibility, and convenient access to Interstate 81 via Exit 132, supporting both local customer traffic and regional connectivity.
The offering combines an existing income-producing business with real estate ownership, creating flexibility for owner-users, fuel operators, convenience store operators, or investors seeking a property with operational infrastructure already in place. The site's commercial land component provides additional utility for future expansion, redevelopment, or complementary commercial uses, subject to applicable approvals.
Salem's location within the Roanoke Valley places the property within a well-established regional market supported by healthcare, education, manufacturing, and transportation-related employment. The property's position along a heavily traveled corridor allows businesses to benefit from visibility to passing motorists while maintaining convenient access to surrounding residential neighborhoods, commercial services, and the broader Interstate 81 corridor.
Recent renovations, frontage along West Main Street, and a location near a major interstate interchange enhance the property's appeal for buyers seeking an operational retail asset with future upside potential. The combination of an active business operation, residential component, and commercial land creates multiple avenues for ownership, investment, and long-term value creation.
IDEAL FOR
Owner-Operator | Investor | Fuel Operator | Convenience Store Operator | Developer
Offered for Sale — Business + Real Estate
Subject to independent buyer due diligence

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,200 SF
Building Class
C
Year Built/Renovated
1960/2024
Price
$897,956 CAD
Price Per SF
$408.16 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.70 AC
Frontage
125’ on Main St

About 5383 W MAIN ST , SALEM, VA 24153

IDEAL FOR Owner-Operator | Investor | Fuel Operator | Convenience Store Operator | Developer Offered for Sale — Business + Real Estate Financial information: fuel volume 25000 Gallon Month, store sales $22000 month,ATM & Lotto generate $300 month. Subject to independent buyer due diligence

Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
  • Listing ID: 41874946

  • Date on Market: 2026-08-25

  • Last Updated:

  • Address: 5383 W Main St, Salem, VA 24153

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