830 West Main Street

For Sale

830 West Main Street, Salem, VA 24153

This Salem property for sale is located at 830 West Main Street. The current listed sale price for 830 West Main Street is $1,450,000. 830 West Main Street is situated on a lot that is 0.57 acre in size.

Contacts

broker
Mark Newell

MPV Properties

broker
Robbie Adams

MPV Properties

broker
Josh Suggs

MPV Properties

Property Details

  • Property Type VacantLand
  • Property Size 0.57 SF
  • Lot Size 0.57 Acre
  • Date Updated Feb 7, 2025

High Profile Lowe’s outparcel location

New 15-year Absolute Net ground lease provides passive ownership and stable cash flow

Brand-new 2024 construction

8% rental escalations every 5 years through base term and option periods provide income growth and hedge against inflation

Attractive low rent ground lease priced below replacement cost

High-growth operator (28 existing units with 11 in development) with full term guarantee

Excellent access and visibility

Ecommerce resistant 

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Getting around

  • 55/100

    Walk Score ®

  • 51/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Salem, VA
  • Zip Code 24153

Points of Interest

  • Mobil

    0.08 miles

  • Sheetz

    0.41 miles

  • Tesla Supercharger

    0.42 miles

  • Kroger

    0.58 miles

  • Exxon

    0.67 miles

  • Shell

    0.80 miles

  • GoMart

    0.96 miles

  • BP

    1.32 miles

  • Speedway

    2.19 miles

  • ChargePoint

    7.61 miles

  • RadioShack Parking

    0.05 miles

  • Roanoke River Greenway Woodbridge Trailhead Parking

    0.67 miles

  • Resident Parking

    0.85 miles

  • Commuter Parking

    0.86 miles

  • Faculty/Staff Parking

    0.95 miles

  • The Inn at Burwell Place Inc.

    0.29 miles

  • The Lofts at Downtown Salem

    0.74 miles

  • Rowland Hotel

    1.01 miles

  • Comfort Suites Salem-Roanoke I-81

    1.24 miles

  • Super 8 by Wyndham Salem VA

    1.26 miles

  • Quality Inn Salem - I-81

    1.30 miles

  • Howard Johson

    1.39 miles

  • avid hotel Salem

    1.70 miles

  • Hampton Inn Salem

    1.73 miles

  • Affordable Corporate Suites

    2.38 miles

  • Big Lots

    0.30 miles

  • Kroger

    0.59 miles

  • The Dilly Dally

    0.85 miles

  • Walmart Supercenter

    0.92 miles

  • Food Lion

    1.20 miles

  • Roanoke Grocery Market

    4.08 miles

  • More Supermarket

    4.10 miles

  • Burlington

    5.16 miles

  • Macy's

    5.97 miles

  • Belk

    6.03 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.

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