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Faits saillants de l'investissement

  • High visibility site in the heart of Salem with strong daily traffic along Colorado Street.
  • Large Site with Ample Parking Generous lot with extensive on-site parking and additional land for expansion or reconfiguration.
  • Built out for high occupancy, service-based use, minimizing upfront capital needs.
  • Flexible Building Size & Layout ±11,800 SF across multiple buildings including a 4,800 SF main building and 2,012 SF house, plus outdoor play areas.
  • Located just blocks from Downtown Salem, with easy access to Andrew Lewis Middle School and GW Carver Elementary school.
  • Well suited for education, office, medical, or community focused uses.

Résumé de l'annonce

Cushman & Wakefield | Thalhimer is pleased to present a unique repositioning or redevelopment opportunity in the City of Salem, Virginia. The offering consists of four contiguous parcels totaling three buildings, which has been continuously operated Mini-World Child Care Center, located at 425 S. Colorado Street, 501 S. Colorado Street, 101 E 3rd Street, and 500 S. Market Street. The property features a combined building footprint of approximately 11,800 SF, along with additional land area that includes fenced outdoor play areas, parking, and flexible open space. The existing improvements are well-suited for continued educational or community use, while also offering adaptability for office, medical, or alternative institutional users. Positioned at the corner of Colorado Street and 3rd Street, the site benefits from strong visibility, convenient access, and a walkable location just minutes from downtown Salem. The surrounding area continues to experience steady demand driven by its character, accessibility, and proximity to key amenities and employers. The layout and scale of the property provide a rare opportunity for a variety of uses, including owneroccupants, investors, or developers seeking to reposition the asset. With multiple buildings and parcels, the site also offers optionality for phased occupancy, redevelopment, or potential subdivision. Salem’s market fundamentals remain strong, supported by ongoing growth, a stable economic base, and increasing demand for flexible commercial and community-serving space.

Pièces jointes

Om Salem Mini World

Faits sur la propriété

Prix 2 074 778 $ CAD
Prix/pi² 148,69 $ CAD / pi²
Condition de vente Projet de redéveloppement
Type de vente Investissement ou propriétaire utilisateur
Statut Actif
Nombre de propriétés 2
Individuellement en vente 0
Taille totale du bâtiment 13 954 pi²
Superficie totale du terrain 0,63 AC

Propriétés

Nom de la propriété/adresse Type de propriété Taille Année de construction Prix individuel
501 S Colorado St, Salem, VA 24153 Commerce de détail 7 012 pi² 1960 -
425 S Colorado St, Salem, VA 24153 Commerce de détail 6 942 pi² 1920 -
Afficher plus > < Afficher moins
  • ID d’inscription: 40393313

  • Date de mise sur le marché: 2026-05-04

  • Dernière mise à jour:

  • Adresse: Mini-World Child Care Center - Salem, Salem, VA

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