0 Baths

$624,950

1929 Apperson DR, Salem VA, 24153

Price per sqftN/A

Built in1954

Property typeCommercial

Overview

Active

Listed Sep 1, 2026

Updated 2 weeks ago

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.

Additional information

MLS^® ID: 918177

Interior Features

Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 0.87 Acres

Other Property Details

Taxes: $3,600
Tax Frequency: Annually

Listed by GAVIN MILES HOLLINGSWORTH with EDWIN C HALL ASSOCIATES INC
Listing Contact: [email protected]

The IDX display contains information sourced from the Roanoke Valley Association of REALTORS® as of 10/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/1/2026 at 3:39 AM UTC