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901 S Colorado St
Salem, VA 24153
Retail Property For Sale

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EXECUTIVE SUMMARY

Two Buildings. Fully Leased. One Historic Store with Upstairs Apartment. One Salon with upstairs apartment. Gross Income $48,000.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,995 SF
Building Class
C
Year Built
1913
Price
$607,225 CAD
Price Per SF
$152.00 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.46
Lot Size
0.20 AC
Zoning
CBD - Commercial Business District
Parking
5 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
45’ on 7th St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
184-4-8
Land Assessment
$60,443 CAD
Improvements Assessment
$404,119 CAD
Total Assessment
$464,562 CAD
  • Listing ID: 35774676

  • Date on Market: 2025-05-07

  • Last Updated:

  • Address: 901 S Colorado St, Salem, VA 24153

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