Salem, VA Commercial Real Estate

Search commercial property for lease or for sale and view the Market Overview section below for local stats and insights.

41 Listings

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Subject To Offer
Industrial - 11.7 Acre - Twine Hollow
6190 Twine Hollow , Salem, VA
Property Type
Industrial
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$15.95/SF/YR
Prime Salem / Roanoke Corner Property
201 Electric Rd, Salem, VA
Space Type
Retail
1 space

7,980 SF
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$1,150,000
30 Acre Industrial Site
5832 West River Road, Salem, VA
Property Type
VacantLand
1 of 1
$15.00/SF/YR
118 St John Rd Salem VA
118 St John Rd, Salem, VA
Space Type
Industrial
1 space

2,000 SF
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$795,000
Main Street Primitives
2821 West Main Street, Salem, VA
Property Type
Retail
Built in 2011

4,950 SF
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$14.00 - $18.00/SF/YR
Roanoke Boulevard Multi-Tenant Retail
2383 Roanoke Boulevard, Salem, VA
Space Type
Retail
6 spaces

1,500 SF
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$9.75 - $11.75/SF/YR
68 St. John Rd. Flex/Industrial Space
68 Saint John Road, Salem, VA
Space Type
Industrial
1 space

9,900 SF
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$1,595,000
Prime Salem / Roanoke Corner Property
201 Electric Rd, Salem, VA
Property Type
Retail
Built in 1989

7,980 SF
1 of 1
Price on request
Ridgewood Farms Shopping Center
1935 Electric Road, Salem (Roanoke), VA
Space Type
Retail
1 space

9,750 SF
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$195,000
Freestanding Salem Office | 1,000 SF
824 Iowa St, Salem, VA
Property Type
Office
Built in 1969

1,000 SF
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$340,000
1540 Apperson Dr
1540 Apperson Dr, Salem, VA
Property Type
Office
Built in 1941

2,765 SF
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$425,000
1532 Apperson Drive
1532 Apperson Drive, Salem, VA
Property Type
Office
Built in 1950

3,216 SF
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Price on request
Mill Lane Commons
1306 W Main St, Salem, VA
Space Type
Retail
4 spaces

1,742 - 8,000 SF
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$125,000
Salem, VA Corner Lot
2145 Roanoke BLVD, Salem, VA
Property Type
VacantLand
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$1,425,000
West Main Salem | Medical Office Investment
1618 W Main St, Salem, VA
Property Type
Office
Built in 2009

7,416 SF
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$1,295,000
Truck Service Buildings | 3718 & 3716 Garman Rd
3718 Garman Rd, Glenvar, Salem, VA
Property Type
Industrial
9,200 SF
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$495,000
Freestanding Salem Office
904 Apperson Dr, Salem, VA
Property Type
Office
Built in 1947

1,455 SF
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Price on request
Main Street Primitives
2821 West Main Street, Salem, VA
Space Type
Retail
1 space

4,950 SF
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$3,750,000
48 Acre Industrial Site
5647 W River Rd, Salem, VA
Property Type
VacantLand
Built in 1976

3,151 SF
Price on request
1950 Industrial Drive
1950 Industrial Drive, Salem, VA
Space Type
Land
1 space

577,170 SF
$6.50/SF/YR
1016 Delaware St
1016 Delaware St, Salem, VA
Space Type
Industrial
1 space

20,897 SF
Price on request
Former Kmart - Salem, VA
1355 W Main Street, Salem, VA
Space Type
Retail
2 spaces

2,800 - 25,804 SF
$10.00/SF/YR
2012 Apperson Drive
2012 Apperson Drive, Salem, VA
Space Type
Retail
1 space

5,600 SF
Price on request
131 Electric Road
131 Electric Road, Salem, VA
Space Type
Retail
2 spaces

1,628 - 3,129 SF
$1,300,000
1622 E Main St
1622 E Main St, Salem, VA
Property Type
VacantLand
0.7 Acre
$4,900,000
922 W. Main Street
922 W Main St, Salem, VA
Property Type
VacantLand
7.2 Acre
$9,000.00/MO
1401 Mill Race Drive
1401 Mill Race Drive, Salem, VA
Space Type
Industrial
1 space

9,132 SF
Price on request
1432 Apperson Drive
1432 Apperson Drive, Salem, VA
Property Type
Retail
Built in 1965

3,179 SF
$17.00/SF/YR
100 E. Main Street
100 E. Main Street, Salem, VA
Space Type
Office
1 space

4,910 SF
Price on request
1622 E Main St
1622 E Main St, Salem, VA
Space Type
Retail
1 space

1,104 SF
$1,900,000
1622 E Main St
1622 E Main St, Salem, VA
Property Type
VacantLand
2.25 Acre
$14.00/SF/YR
1051 Texas Street
1051 Texas Street, Salem, VA
Space Type
Office
1 space

16,921 SF
Price on request
110 E Main Street Salem
110 E Main Street Salem, Salem, VA
Space Type
Office
1 space

15,130 SF
$1,150,000
1630 Braeburn Dr
1630 Braeburn Dr, Salem, VA
Property Type
Office
Built in 1985

7,400 SF
Price on request
Wildwood Plaza
28-50 Wildwood Road, Salem, VA
Space Type
Retail
1 space

1,200 SF
$6.50/SF/YR
1006 Tennessee St
1006 Tennessee St, Salem, VA
Space Type
Industrial
1 space

10,955 SF
$12.00/SF/YR
107 West Main Street
107 W Main St, Salem, VA
Space Type
Office
1 space

5,000 SF
Price on request
1501 Roanoke Blvd
1501 Roanoke Blvd., Salem, VA
Space Type
Industrial, Office
2 spaces

31,331 - 218,249 SF
Price on request
Spartan Square
1400 West Main Street, Salem, VA
Space Type
Retail
7 spaces

800 - 4,545 SF
Price on request
Lakeside Plaza
161 Electric Road, Salem, VA
Space Type
Retail
2 spaces

2,100 - 2,450 SF

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Salem, VA Commercial Real Estate Market Overview: Key Trends & Insights

Salem has 1.5 million square feet of commercial real estate inventory as of 2026. This inventory is distributed across nearly 100 properties.

This overview provides a snapshot of the Salem commercial sector, highlighting the most important aspects and trends to guide you through the local landscape, whether you are looking to lease or invest in local CRE assets.

Commercial Space for Rent in Salem, VA

Based on the latest estimates, Salem, VA offers almost 100 commercial listings for lease, totaling about 1.5 million square feet.

Current leasing options comprise 5 office listings, which represent approximately 19.23% out of the total leasing inventory. There are also 8 industrial and warehouse listings, making up 30.77% of the total. Additionally, 13 retail listings make up 50.00% of the local leasing market. These types are supplemented by 1 listing for lease belonging to other commercial types.

Property type No. of Listings Total Sq. Ft. Avg. Asking Rent

Office 5 96,227 N/A

Retail 13 620,829 $14.74

Industrial 8 597,049 N/A

Other 1 577,170 N/A

Commercial Real Estate for Sale in Salem, VA

As of 2026, Salem, VA has a total of 17 commercial real estate properties for sale.

This inventory includes 6 office assets, 2 industrial facilities and 3 retail properties available for purchase.

The largest share is held by Office, with 35.29% out of local properties for sale belonging to this asset type. Retail has the next largest share at 17.65%, while Industrial makes up 11.76% of commercial properties for sale in Salem.

Property type No. of Listings Total Sq. Ft.

Office 6 96,227

Retail 3 620,829

Industrial 2 597,049

Other 6 1,022,455