Salem, VA Retail Space

Search retail property for lease and view the Market Overview section below for local stats and insight.

13 Listings

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

4,950 SF
Price on request
1622 E Main St
1622 E Main St, Salem, VA
Space Type
Retail
1 space

1,104 SF
Price on request
Spartan Square
1400 West Main Street, Salem, VA
Space Type
Retail
7 spaces

800 - 4,545 SF
$10.00/SF/YR
2012 Apperson Drive
2012 Apperson Drive, Salem, VA
Space Type
Retail
1 space

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

2,100 - 2,450 SF
Price on request
1215 W Main St
1215 W Main St, Salem, VA
Space Type
Retail
1 space

35,480 SF
Price on request
Former Kmart - Salem, VA
1355 W Main Street, Salem, VA
Space Type
Retail
2 spaces

2,800 - 25,804 SF
Price on request
Wildwood Plaza
28-50 Wildwood Road, Salem, VA
Space Type
Retail
1 space

1,200 SF
Price on request
131 Electric Road
131 Electric Road, Salem, VA
Space Type
Retail
2 spaces

1,628 - 3,129 SF

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Average Rent for Retail Space in Salem, VA

The average cost to rent retail space in Salem comes to $14.74 per square foot based on our latest listing data. The lowest cost you'll find stands at $14, while rents can cost up to $18 for premium properties.

Available Retail Inventory in Salem, VA

There are currently 16 retail properties listed for lease in Salem, totaling 150,110 square feet.

The average size of a retail property listed for lease here is 5,004 square feet. Listed properties range from 800 to 35,480 square feet.

The largest number of retail spaces in Salem are sized 1,000 to 2,500 square feet, with 15 retail listings of this size. These properties cost $15 per square foot on average, based on our live listings.

Salem is also home to 7 listings that are 2,500 to 5,000 square feet, asking an average rent of $16.

Retail Size Bucket No. of Listings

More than 5,000 sq. ft. 7

2,500 to 5,000 sq. ft. 7

1,000 to 2,500 sq. ft. 15

Less than 1,000 sq. ft. 1

Retail Lease Types in Salem, VA

The most common retail lease type in Salem is NNN, with 6 spaces available for rent under such an agreement.

You can also find 3 Modified Gross lease options.

Salem, VA Retail Listings, by Lease Type

NNN 6
Modified Gross 3

The data presented in this table was collected based on retail spaces for rent listed on PropertyShark.com and was last updated on September 10, 2026.

Types of Retail Properties for Lease in Salem, VA

The largest share of the Salem retail market is held by the Strip Retail category, with 5 listings. Strip Retail spaces average 3,772 square feet.

There is also 1 Restaurant space, which has an average square footage of 2,450 square feet.

The third most common type of retail space is Freestanding at 1 listing, spanning 4,950 square feet on average.

Salem, VA Retail Spaces for Lease, by Use Type

Strip Retail 5
Restaurant 1
Freestanding 1

The data presented in this table was collected based on retail spaces for rent listed on PropertyShark.com and was last updated on September 10, 2026.

Average Size of Salem, VA Retail Space Subtypes

3,772 Sq. Ft.

Strip Retail

2,450 Sq. Ft.

Restaurant

4,950 Sq. Ft.

Freestanding