Outstanding investment & business opportunity just minutes from downtown Salem. Encompassing nearly 12,000 square feet, this expansive commercial property is perfectly suited for a restaurant, sports bar, entertainment venue, banquet facility, or a variety of other hospitality & retail concepts. Designed with functionality & flexibility in mind, the property features a large open bar area, 2 commercial kitchens, & 2 spacious dining areas capable of accommodating everything from daily service to private events & large gatherings. Three private offices provide dedicated administrative space, while extensive storage areas support efficient operations. For investors, the property's size, layout, & location offer excellent potential for redevelopment, multi-concept use, or future income-producing opportunities. Ample on-site parking adds convenience for patrons & staff alike. Much of the existing bar & kitchen equipment can convey, creating a valuable turnkey opportunity for restaurateurs looking to minimize startup costs & accelerate their opening timeline. Whether you're an owner-operator seeking your next flagship location or an investor looking for a property with significant upside potential, this unique commercial offering is ready for its next chapter.
Prime investment opportunity in a college town! This offering includes 64 & 66 Valley St, featuring a former pizza shop space currently leased (tenant in the process of vacating), providing flexibility for an owner-user or new tenant. The property also includes an additional building previously used as a tire shop, along with a separate storage structure—offering multiple potential income streams or redevelopment options. High visibility location and close proximity to the local college campus, making it ideal for retail, service, or mixed-use possibilities. Don’t miss this versatile property with excellent potential!
Versatile commercial property featuring over 5,000 sq ft of warehouse space and approximately 1,800 sq ft of office space, situated on 5.26± acres, partially fenced. The property includes three bathrooms total between the warehouse and office areas, a large conference room, and 3-phase power, supporting a wide range of commercial and industrial uses. The warehouse offers ample space for storage, equipment, or operations and provides tractor-trailer access. The expansive acreage allows for outdoor storage, parking. Conveniently located with easy access to Route 50. A unique opportunity offering endless possibilities. The property includes a right-of-way providing access to a neighboring parcel. Much of the land is situated in a flood zone, which has been reflected in pricing and property use.
Salem is located in West Virginia. Salem, West Virginia has a population of 1,914. Salem is less family-centric than the surrounding county with 15.81% of the households containing married families with children. The county average for households married with children is 29.03%.
The median household income in Salem, West Virginia is $42,663. The median household income for the surrounding county is $54,124 compared to the national median of $69,021. The median age of people living in Salem is 29.7 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 20.6 degrees. The average rainfall is approximately 46.5 inches per year, with 28.7 inches of snow per year.