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$275,000
1 ba
1403 S Colorado ST
Salem, VA 24153
Pending
3 days on market
Property Type
Commercial Sale
Year Built
1919
Lot Size
0.24 acres
Garage
—
About This Property
High-visibility Salem commercial property on a premier corner lot facing South Colorado Street! Featuring high traffic counts and excellent exposure, this classic brick structure is zoned for commercial use and is ideal for a law office, accounting firm, or professional services. The main level showcases beautiful Heart Pine floors, a welcoming lobby/reception area with built-in bookshelves, two private offices, a kitchen area, and a restroom. The carpeted upper attic includes a window A/C unit and serves as excellent storage or administrative space. Key capital improvements include a new architectural shingle roof (2024) and updated gas heat/central air (2021). Complete with a detached garage, parking for 5 vehicles, and a prime location near the Roanoke River and Roanoke River Greenway. The custom-built furniture in the front office is included with the sale of the property.
Outstanding structural and mechanical updates offer total peace of mind, including a new architectural shingle roof (2024) and an updated gas heat and central air system (2021). Some Replacement Windows. The exterior boasts a fenced lot with a detached garage and dedicated parking area for clients and staff. Situated just steps from the scenic Roanoke River and Roanoke River Greenway, this move-in-ready property perfectly balances high-traffic commercial viability with a highly desirable Salem location. Zoned for commercial use and previously utilized as a successful law office.
Note * Taxes, Square Footage and Lot Size are Estimated by the Listing Agent Based on City of Salem GIS Information. Buyers and Buyers Agents Should Verify All Information. The property is sold in AS IS Condition. Inspections are for information purposes. The Seller Shall Make No Repairs
Outstanding structural and mechanical updates offer total peace of mind, including a new architectural shingle roof (2024) and an updated gas heat and central air system (2021). Some Replacement Windows. The exterior boasts a fenced lot with a detached garage and dedicated parking area for clients and staff. Situated just steps from the scenic Roanoke River and Roanoke River Greenway, this move-in-ready property perfectly balances high-traffic commercial viability with a highly desirable Salem location. Zoned for commercial use and previously utilized as a successful law office.
Note * Taxes, Square Footage and Lot Size are Estimated by the Listing Agent Based on City of Salem GIS Information. Buyers and Buyers Agents Should Verify All Information. The property is sold in AS IS Condition. Inspections are for information purposes. The Seller Shall Make No Repairs
Property Details
Interior
- Bathrooms
- 1
Exterior & Lot
- Lot Size
- 0.24 acres
- Year Built
- 1919
Location
- County
- City of Salem
- ZIP Code
- 24153
Financial
- Annual Taxes
- $2,289
Utilities
- Sewer
- Public Sewer
Schools
Heating
Natural Gas
Cooling
Electric, Window Unit(s)
Location
Listing Information
- MLS #
- 928275
- Listing Agent
- EGON M HOFMANN
- Listing Office
- BARKER REALTY CO
- Listed Date
- Jun 8, 2026
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