Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
1 Bath

$245,000

1403 S Colorado ST, Salem VA, 24153

Price per sqftN/A
Built in1919
Property typeCommercial

Overview

Active

Listed Aug 5, 2026

Updated 47 min ago

High-visibility Salem commercial property on a premier corner lot facing South Colorado Street! Featuring high traffic counts and excellent exposure, this classic brick structure is zoned for commercial use and is ideal for a law office, accounting firm, or professional services. The main level showcases beautiful Heart Pine floors, a welcoming lobby/reception area with built-in bookshelves, two private offices, a kitchen area, and a restroom. The carpeted upper attic includes a window A/C unit and serves as excellent storage or administrative space. Key capital improvements include a new architectural shingle roof (2024) and updated gas heat/central air (2021). Complete with a detached garage, parking for 5 vehicles, and a prime location near the Roanoke River and Roanoke River Greenway. The custom-built furniture in the front office is included with the sale of the property. Outstanding structural and mechanical updates offer total peace of mind, including a new architectural shingle roof (2024) and an updated gas heat and central air system (2021). Some Replacement Windows. The exterior boasts a fenced lot with a detached garage and dedicated parking area for clients and staff. Situated just steps from the scenic Roanoke River and Roanoke River Greenway, this move-in-ready property perfectly balances high-traffic commercial viability with a highly desirable Salem location. Zoned for commercial use and previously utilized as a successful law office. Note * Taxes, Square Footage and Lot Size are Estimated by the Listing Agent Based on City of Salem GIS Information. Buyers and Buyers Agents Should Verify All Information. The property is sold in AS IS Condition. Inspections are for information purposes. The Seller Shall Make No Repairs

Additional information

MLS® ID
928275

Interior Features

Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.24 Acres

Other Property Details

Taxes
$2,289
Tax Frequency
Annually
View
Yes
MLS provider logo

Listed by EGON M HOFMANN with BARKER REALTY CO
Listing Contact: [email protected] 

The IDX display contains information sourced from the Roanoke Valley Association of REALTORS® as of 10/23/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Roanoke Valley Association of REALTORS® all rights reserved.

Data last updated on 10/23/2026 at 12:36 PM UTC

Powered by Luxury Presence