707 S Colorado St - Office/Residential FOR SALE


Salem, VA 24153
$295,000 USD
540-344-6160
707 S Colorado St, Salem, VA for Sale
$295,000 USD
Office/Residential - FOR SALE
1/52
null | Request Cap Rate

707 S Colorado St
Salem, VA 24153


OVERVIEW

Put your business in a PRIME LOCATION! This is a unique chance to own a historic gem, The Old Floyd's Barbershop, zoned RB, allowing you to live and work on-site! Centrally located near downtown Salem, this property offers space for five or more offices, along with 10+ parking spaces and convenient front and rear entrances, plus alley access. Experience fantastic updates, including a new roof 2021, new HVAC 2022, refinished heart of pine floors, updated kitchen and bathrooms, a recently waterproofed basement, new windows, a lovely deck, and a carport. It's the perfect setting for your business, make it into a duplex, has two meters, endless possibilities! Private Remarks: All information deemed reliable but not guaranteed buyer and buyers agent to verify. JES Warranty Transfers. Virtually staged to show office flow/space. Basement may get trickle of water under door (if any) during a heavy rain. New Roof 2021, New HVAC 2022.

FOR SALE DETAILS

PRICE

$295,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,535 SF

ZONING

-

APN/PARCEL ID

160-7-3

ASK ABOUT THIS PROPERTY

Frazier HughesWalker Commercial Real Estate Services, Inc.More Info
540-344-6160

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Frazier HughesWalker Commercial Real Estate Services, Inc.More Info
540-344-6160

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.