201 Electric RdSalem, VA 24153

This exceptional 7,980 square foot freestanding building sits on a 1.26-acre lot in Salem, Virginia, at the highly visible corner of Electric Road. The property boasts a fully equipped kitchen, ideal for a restaurant or similar food service operation. Ample parking is available with space for approximately 100 vehicles. The building is a single-story structure with excellent frontage on Electric Road, a busy thoroughfare, benefiting from a signalized intersection for optimal visibility and accessibility. The asking price for this prime commercial property is $1,850,000, translating to $231.83 per square foot. The property is also available for lease at a negotiable rate. This location presents a unique opportunity for a business seeking high visibility and ample space in a thriving area. The address is 201 Electric Rd, Salem, VA 24153. The property is zoned for commercial use and offers significant potential for a variety of businesses. The large parking lot ensures convenient access for customers and employees. This is a rare opportunity to acquire a well-located, established commercial property in a desirable market.