Map of Property

1929 Apperson Drive

1929 Apperson Dr, Salem, VA 24153

  • For Sale $650,000
  • Property Type Retail - Street Retail
  • Property Size 6,143 SF
  • Lot Size 0.81 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 15
  • Parking Ratio 2.44 / 1,000 SF
  • Year Built 1954
  • Date Updated Aug 26, 2024
Apperson DrOn a highly visible corner lot, this excellent investment opportunity is strategically located on the primary throughfare between Salem and Roanoke. A long-term lease in place, and several recent improvements to include roof, painting, and cosmetic upgrades give the building a fresh look and added value. With just over 300' of road frontage, and 21,600+ vehicles per day, this property is prime real estate ready for a new owner. This single Tenant, 100% leased property is easy to manage and provides flexibility for buyers with a diverse portfolio. Call Daniel today to schedule a tour.Divaris Real Estate is pleased to 6,143-square-foot standalone building with a retail entrance at the front, along with warehouse and workshop space at the rear, accessible via a side dock. Ideally located with swift access to 419, Salem, and Roanoke. Zoning allows for diverse uses, making it ideal for warehouse or retail with workshop purposes. Sale includes revenue from an onsite Billboard. Schedule a tour today!

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 7.75% Projected CAP Rate
  • Single tenant 100% occupancy sale
  • Outstanding Visibility
  • Prominent Location with Easy Access
  • Multi-Functional
  • Recent Renovations and Upgrades
  • OM readily available, see agent for CA

Contacts

broker

Daniel Wickham

Divaris Real Estate

Location

Getting Around

  • Walk Score ®

    43/100 Car-Dependent

  • Bike Score ®

    24/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Salem, VA
  • Zip Code 24153

Points of Interest

  • Exxon

    0.29 miles

  • Speedway

    0.90 miles

  • Kroger

    2.05 miles

  • Shell

    2.16 miles

  • BP Fuel

    2.22 miles

  • Mobil

    2.93 miles

  • Pure Oil

    2.97 miles

  • Tesla Supercharger

    3.29 miles

  • 7-Eleven

    6.30 miles

  • ChargePoint

    6.79 miles

  • Parking Lot NN

    0.44 miles

  • Parking Lot T

    0.45 miles

  • Parking Lot Z

    0.48 miles

  • Parking Lot Q

    0.48 miles

  • Parking Lot P

    0.49 miles

  • Parking Lot V

    0.50 miles

  • Parking Lot EE

    0.52 miles

  • Parking Lot O

    0.53 miles

  • Parking Lot Y

    0.53 miles

  • Parking Lot W

    0.53 miles

  • McDonald's

    0.27 miles

  • Wendy's

    0.33 miles

  • Sakura Japanese Steakhouse

    0.45 miles

  • Hardee's

    0.79 miles

  • Roanoke Weiner Stand No. 2

    1.06 miles

  • Dunkin'

    1.35 miles

  • Domino's

    1.35 miles

  • DQ Grill & Chill

    1.40 miles

  • Tivoli Pizza

    1.55 miles

  • IHOP

    1.90 miles

  • Kroger

    0.53 miles

  • Food Lion

    1.39 miles

  • More Supermarket

    1.80 miles

  • The Dilly Dally

    2.14 miles

  • Roanoke Grocery Market

    2.41 miles

  • J&L Oriental Food Mart

    2.53 miles

  • Roanoke Natural Foods Co-op

    2.71 miles

  • Food Giant

    3.05 miles

  • Big Lots

    3.24 miles

  • Burlington

    3.68 miles

Frequently Asked Questions

How much does 1929 Apperson Drive cost?

The space currently listed for sale at 1929 Apperson Drive asks for $650,000.

What is the total square footage of 1929 Apperson Drive?

1929 Apperson Drive totals 6,143 square feet.

When was this property built?

1929 Apperson Drive was built in 1954.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Daniel Wickham

Divaris Real Estate