2306 Riverside Dr West Riverside DrSalem, VA 24153

Property Details for 2306 Riverside Dr West Riverside Dr

Lot size

17.19 AC

Property type

Land

Description

Exceptional investment opportunity in Salem, Virginia! This 17.19-acre property, encompassing the established Riverside Nursery, presents a unique blend of existing business and significant development potential. The nursery itself boasts over 47,000 square feet of greenhouse space and a 30-year history of profitability, producing high-quality plants for diverse uses. The property's R-1 zoning, coupled with its prime riverside location on the Roanoke River with private access and its residential surroundings, suggests opportunities for increased density. The existing infrastructure includes two large wells, one underground pipe drawing from the Roanoke River, and two septic systems. Adding to the property's appeal is a small, two-bedroom, one-bathroom house, ideal for on-site management or worker housing. The property's APN numbers are 0612-88-3978-41 and 0612-89-4428-61. This landmark Salem business offers a solid foundation for expansion or redevelopment. Detailed business information and private showings are available upon execution of a Non-Disclosure Agreement and verification of funds from a reputable financial institution. Asking price: $1,500,000.

Location Insight

City

Salem

County

Roanoke

State

Virginia

Latitude

37.28

Longitude

-80.0966

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