701707 Salem SW AVE, Roanoke, VA 24016
701707 Salem SW AVE, Roanoke, VA 24016
701707 Salem SW AVE, Roanoke, VA 24016
701707 Salem SW AVE, Roanoke, VA 24016
701707 Salem SW AVE, Roanoke, VA 24016
701707 Salem SW AVE, Roanoke, VA 24016
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Listed by BAILEY JENKINS NEST REALTY SOUTHSIDE

$399,000

$399,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Baths


SOLD DATE : 10/08/2026

Key Details

Sold Price $399,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 930443

Sold Date 10/08/26

HOA Y/N No

Year Built 1900

Annual Tax Amount $3,951

Acres 0.16

Property Sub-Type Commercial

Source Roanoke Valley Association of REALTORS®

Property Description

701-707 Salem Avenue Southwest presents a unique Downtown Roanoke offering that includes the possibility to operate your business in an up-and-expanding area, or purchase as a fantastic investment for years to come with three different rentable options. Salem Avenue features unbeatable visibility and endless opportunity for a variety of different brick and mortars. Think local grocery market to service the nearby residential buildings, or vintage clothes store, or local café servicing coffee drinks and gourmet pastries. The main commercial building (701) features a total of 2,500 sqft and includes primed retail space on the first level with fresh paint inside and out and a versatile layout. Upstairs you'll find a rentable and move-in-ready two bedroom, one bathroom residential condo to live where you operate or have available for additional income. The neighboring 2,100 sqft warehouse features new exterior paint, two oversized and tall garage doors, two half bathrooms, plus one loading dock on the side for all of your supply or storage needs. The entire 0.16 acre yard is also fenced-in for added security and peace of mind, and is available for additional customer parking or vehicle storage. 701 Salem Avenue has a known historical track record of businesses that include a barber shop, market and sandwich shop, and more. With a functional layout, plentiful mixed commercial square footage, and fabulously convenient location, any operation will be set up to thrive here.

Location

State VA

County City Of Roanoke

Area 0.16

Zoning 400-Commercial/

Direction Corner of Salem Avenue SW

Interior

Heating Gas Heat, Electric

Cooling Electric

Flooring Carpet, Concrete, Laminate

Fireplace No

Exterior

Parking Features On Site

View City

Topography Level

Garage No

Building

Story Two

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 1111117 & 1111118

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