1929 Apperson DR, Salem, VA 24153
1929 Apperson DR, Salem, VA 24153
1929 Apperson DR, Salem, VA 24153
1929 Apperson DR, Salem, VA 24153
1929 Apperson DR, Salem, VA 24153
1929 Apperson DR, Salem, VA 24153
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Robert Lindamood

Robert Lindamood

+1(540) 300-5508
Listed by GAVIN MILES HOLLINGSWORTH EDWIN C HALL ASSOCIATES INC
$ 624,950
Est. payment | /mo
Save
$ 624,950
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 918177

HOA Y/N No

Year Built 1954

Annual Tax Amount $3,600

Acres 0.87

Property Sub-Type Commercial

Source Roanoke Valley Association of REALTORS®

Property Description

Investment property for sale. It is strategically located along the main corridor linking Salem and Roanoke. This premier property offers great exposure and accessibility. The building is comprised of approximately 6,143 square feet situated on roughly 0.87 acre. It has over 400 feet of road frontage and a daily traffic flow exceeding 21,000+ vehicles. Improvements made by the current owner include a new roof, fresh exterior paint, and cosmetic upgrades; which have enhanced the property's appeal. The sole occupying tenant, Blue Ridge Hydroponics, is a locally owned small business dedicated to educating the community and consumers on growing techniques to foster independence and sustainability. The tenant is in it's first year of a five-year lease which has annual rent escalations. The investment ensures easy management and stable returns.

Location

State VA

County City Of Salem

Area 0.87

Zoning HBD

Direction From Interstate 81, Exit 141 onto N Electric Road. Travel almost 4 miles and turn Left onto Apperson Drive.

Interior

Fireplace No

Exterior

Parking Features On Site

Garage No

Building

Sewer Private Sewer

Water Private Well

New Construction No

Others

Tax ID 279-1-1

MLS of Roanoke Valley, Inc. (RVAR) - IDX

Nearby Locations

Robert Lindamood

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(540) 300-5508

robertlindamoodrealtor@gmail.com

937 Old Court Lane , Roanoke, VIRGINIA, 24015, Roanoke, Virginia, 24015, USA

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1929 Apperson DR