Salem, VA Commercial Real Estate
Salem has 597,807 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.
Based on the latest estimates, Salem, VA offers almost 100 commercial listings for lease, totaling about 597,807 square feet.
Current leasing options comprise 4 office listings, which represent approximately 16.67% out of the total leasing inventory. There are also 7 industrial and warehouse listings, making up 29.17% of the total. Additionally, 13 retail listings make up 54.17% of the local leasing market.
As of 2026, Salem, VA has a total of 16 commercial real estate properties for sale.
This inventory includes 6 office assets, 2 industrial facilities and 2 retail properties available for purchase.
The largest share is held by Office, with 37.50% out of local properties for sale belonging to this asset type. Retail has the next largest share at 12.50%, while Industrial makes up 12.50% of commercial properties for sale in Salem.