Map of Property

1929 Apperson Drive

For Sale

1929 Apperson Dr, Salem, VA 24153

This Salem property for sale is located at 1929 Apperson Dr. The current listed sale price for 1929 Apperson Drive is $650,000. 1929 Apperson Drive is situated on a lot that is 0.81 acre in size.

Contacts

broker

Daniel Wickham

Divaris Real Estate

Property Details

  • 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 Aug 26, 2024
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!

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

Highlights

  • 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

Getting around

  • 43/100

    Walk Score ®

  • 24/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Salem, VA
  • Zip Code 24153

Points of Interest

  • Exxon

    0.29 miles

  • 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 NN

    0.44 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

  • McDonald's

    0.27 miles

  • Wendy's

    0.33 miles

  • Sakura Japanese Steakhouse

    0.45 miles

  • Hardee's

    0.79 miles

  • Roanoke Weiner Stand No. 2

    1.06 miles

  • Dunkin'

    1.35 miles

  • Domino's

    1.35 miles

  • DQ Grill & Chill

    1.40 miles

  • Tivoli Pizza

    1.55 miles

  • IHOP

    1.90 miles

  • Kroger

    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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Daniel Wickham

Divaris Real Estate