Prime Downtown Location
2 W Main ST, Salem, VA 24153
Prime downtown Salem location on West Main Street across from the Salem Farmers market – On National Register of Historic Places and eligible for federal and state historic rehab tax credits of 45% of rehab costs.
The two attached 2 story brick buildings fronting W. Main St. total 17,030 Gross sq. ft. Currently, the lease is $800 month for the western building and the eastern building is occupied by owner, Ridenhour Music. The 564 sq. ft. detached building in the rear was recently leased at $400 per month. The site is .45 acres and offers about 25 parking spaces on-site, in addition to street parking. The buildings are heated by natural gas and are served by public water/sewer. Flood insurance required.
Year Built: +/-1923
Total Acreage: 0.45± Acre
Type of Business: Retail/Office
Zoning Code: DBD (Downtown Business District)
Tax ID: 122-6-9
Annual Taxes: $4,742
Gross Building Sq. Ft.: 17,594
On-site Parking: Yes 25± spaces
Flood Area: Yes
This property is on the National Register of Historic Places and is eligible for up to 45 % State and Federal tax credits for historic rehabilitation.
Corner of W. Main St. and S. Broad St. in Downtown Salem.
- Aerial Photography
- Downtown Salem Historic District Map
- National Register of Historic Places
- GIS Information
- Building Footprint
- Interior Layout Plan