1650 Braeburn DrSalem, VA 24153

Property Details for 1650 Braeburn Dr

Year built

1983

Lot size

1.39 AC

Property size (Sq ft)

10,390 SF

Zone code

HBD

Property type

Commercial real estate

APN

284-1-2

APU

28412

Description

This exceptional 10,545-square-foot restaurant space, located at 1650 Braeburn Drive in Salem, Virginia, presents a unique investment opportunity. The property, built in 1983 and situated on a 1.39-acre lot, boasts a highly desirable location on a major thoroughfare, offering excellent visibility and accessibility. Its strategic placement provides convenient access to Interstate 81, enhancing its appeal to a wide customer base. The property's proximity to key amenities such as LewisGale Medical Center, Salem Civic Center, and Tanglewood Mall further strengthens its market position. Ample parking is available, ensuring ease of access for patrons. The property is zoned HBD, offering flexibility for various commercial uses. The building is a single-story structure, and the asking price is $2,350,000. The anticipated occupancy date is October 28, 2024. This turnkey opportunity is ideal for established restaurant operators or entrepreneurs seeking a high-traffic location with significant growth potential. The property's size and location make it an attractive investment in a thriving community. This is a rare chance to acquire a well-positioned commercial property in a desirable area of Salem, Virginia.

• Alternative Use

  Use

  Valuation

  Residential

  $1,304,753

  Hospitality

  $1,195,146

  Educational

  $994,348

  Medical

  $1,028,545

  Retail

  $1,546,763

Location Insight

City

Salem

County

Salem

State

Virginia

Latitude

37.2651

Longitude

-80.0338

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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