1355 Main StSalem, VA 24153

Property Details for 1355 Main St

Year built

1989

Lot size

7.10 AC

Property size (Sq ft)

88,087 SF

Zone code

HBD

Property type

Retail properties

Property subtype

Super regional malls

APN

126-4-2

APU

12642

Description

This exceptional 95,000 square foot retail center, formerly a Kmart, presents a unique investment opportunity in the thriving Salem, Virginia market. Located at 1355 W Main Street, zip code 24153, this redeveloped property boasts a prime location with excellent visibility and accessibility. Currently, a single junior anchor space of 2,800 square feet is available, along with several smaller shop spaces. The center enjoys a strong tenant mix, including established national retailers such as Tractor Supply, Planet Fitness, and American Freight Furniture. The property benefits from its proximity to major regional anchors like Kroger, Walmart, and Lowe's Home Improvement, ensuring high foot traffic and consumer visibility. Situated in Roanoke County, this retail center offers a strategic location within a densely populated area, providing significant potential for growth and return on investment. The property is classified as a shopping center with multiple tenancies. The building's total square footage is 95,000 square feet, with only 2,800 square feet currently vacant. This presents a rare chance to secure a prominent position in a well-established retail center in a high-demand location. The property's strategic placement and existing tenant base make it an attractive proposition for businesses seeking a strong foothold in the Salem market.

Location Insight

City

Salem

County

Salem

State

Virginia

Latitude

37.291

Longitude

-80.0794

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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