Map of Property

For Sale

1929 Apperson Drive

1929 Apperson Dr, Salem, VA 24153

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!

Key features

  • 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
Want more info on this listing?

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

Contacts

broker
Daniel Wickham

Divaris Real Estate

Building Details

  • 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 Dec 10, 2024

Attachments

Getting Around

  • Walk Score ®

    Car-Dependent (43)

  • Bike Score ®

    Somewhat Bikeable (24)
Powered by Walk Score ®

Location

  • City Salem, VA
  • Zip Code 24153

Points of Interest

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 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

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

1929 Apperson Dr Listing Summary

  • What is the asking price at 1929 Apperson Drive?

    1929 Apperson Drive is currently listed for sale at $650,000.

  • What is the total size of 1929 Apperson Drive?

    1929 Apperson Drive has a total of 6,143 square feet.

  • What is the year built for 1929 Apperson Drive?

    The year built for 1929 Apperson Drive is 1954.

Contact Listing Broker
broker
Daniel Wickham

Divaris Real Estate