1300 Main StSalem, VA 24153

Property Details for 1300 Main St

Lot size

0.75 AC

Zone code

HBD

Property type

Land

Property subtype

Commercial land

APN

126-4-2.2

APU

126422

Description

Mill Lane Commons, located at 1300 W Main St, Salem, VA 24153, presents a unique opportunity for businesses seeking prime retail space in a high-traffic area. This two-building complex, constructed in 2001, offers a total of 45,120 square feet of leasable space, with individual units ranging from 1,600 to 8,000 square feet. Six spaces are currently available. The property boasts a convenient single-story design and ample parking with 185 spaces. Its strategic location in Salem's busiest retail corridor ensures high visibility and accessibility. The property benefits from multiple ingress/egress points on W. Main Street, allowing for easy access and convenient left turns into the center from the main thoroughfare. The site sits at a signalized intersection of W. Main Street & Mill Lane, further enhancing its visibility and accessibility. The HBD zoning allows for a variety of retail, office, and medical uses. This property is situated amongst numerous national and regional retailers, creating a synergistic environment for potential tenants. The property's prime location and ample amenities make it an ideal choice for businesses seeking a thriving retail environment in Salem, Virginia.

• Alternative Use

  Use

  Valuation

  Residential

  $4,119,076

  Hospitality

  $3,773,051

  Educational

  $3,139,134

  Medical

  $3,247,094

  Retail

  $4,883,098

Location Insight

City

Salem

County

Salem

State

Virginia

Latitude

37.2904

Longitude

-80.0787

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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