1622 Main StSalem, VA 24153

This exceptional 2.25-acre commercial land parcel, located at 1622 E Main St in Salem, VA 24153, presents a remarkable redevelopment opportunity. Situated on a highly visible corner with a signalized intersection and multiple access points, this property boasts maximum exposure and accessibility. Zoned for Central Business District (CBD) use, it offers significant potential for various retail developments. The property benefits from its location within Salem's Interstate 81 District South Opportunity Zone, providing potential tax advantages for investors. This strategic location is supported by a strong local demographic, with over 46,000 residents within a three-mile radius and an average household income exceeding $65,000. The asking price for this prime development site is $1,300,000. This represents a compelling investment opportunity in a thriving market. The property's size and zoning allow for a wide range of development possibilities, making it an attractive prospect for both experienced developers and investors seeking a high-return project. The strategic location and potential tax benefits combine to create a unique and compelling investment proposition.