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Smith Mountain Lake Real Estate for Sale

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1403 S Colorado ST, Salem, VA 24153 (MLS# 928275)

1403 S Colorado ST, Salem, VA 24153

$259,950
1403 S. Colorado Street

Virtual Tour

https://showsgreat.photography/1403-S-Colorado-St/idx
01-VM-0640 02-VM-06665 03-VM-06668 04-VM-06671 05-VM-06674 06-VM-06677 07-VM-06680 08-VM-06683 09-VM-06686 10-VM-06689 11-VM-06695 12-VM-06698 13-VM-06701 14-VM-06704 15-VM-06707 16-VM-06710 17-VM-06713 18-VM-06716 24-VM-06734 23-VM-06731 22-VM-06728 21-VM-06725 20-VM-06722 19-VM-06719 25-VM-06737 26-VM-06740 27-VM-06743 28-VM-06746 29-VM-06752 30-VM-06758 31-VM-06662 32-VM-06755 33-VM-06650 34-VM-06653 35-VM-06656 36-VM-06659 42-VM-0649 41-VM-0634 40-VM-0646 39-VM-0655 38-VM-0658 37-VM-0637 43-VM-0661 44-VM-0652 45-All Floors
Property Type: Commercial Baths: 1 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $259,950 List Date: 8/05/2026 Last Modified: 9/16/2026

Overview

Description

High-visibility Salem commercial property on a premier corner lot facing South Colorado Street! Featuring high traffic counts and excellent exposure, this classic brick structure is zoned for commercial use and is ideal for a law office, accounting firm, or professional services. The main level showcases beautiful Heart Pine floors, a welcoming lobby/reception area with built-in bookshelves, two private offices, a kitchen area, and a restroom. The carpeted upper attic includes a window A/C unit and serves as excellent storage or administrative space. Key capital improvements include a new architectural shingle roof (2024) and updated gas heat/central air (2021). Complete with a detached garage, parking for 5 vehicles, and a prime location near the Roanoke River and Roanoke River Greenway.

Supplements: The custom-built furniture in the front office is included with the sale of the property. Outstanding structural and mechanical updates offer total peace of mind, including a new architectural shingle roof (2024) and an updated gas heat and central air system (2021). Some Replacement Windows. The exterior boasts a fenced lot with a detached garage ... (Read more) The custom-built furniture in the front office is included with the sale of the property. Outstanding structural and mechanical updates offer total peace of mind, including a new architectural shingle roof (2024) and an updated gas heat and central air system (2021). Some Replacement Windows. The exterior boasts a fenced lot with a detached garage and dedicated parking area for clients and staff. Situated just steps from the scenic Roanoke River and Roanoke River Greenway, this move-in-ready property perfectly balances high-traffic commercial viability with a highly desirable Salem location. Zoned for commercial use and previously utilized as a successful law office. Note * Taxes, Square Footage and Lot Size are Estimated by the Listing Agent Based on City of Salem GIS Information. Buyers and Buyers Agents Should Verify All Information. The property is sold in AS IS Condition. Inspections are for information purposes. The Seller Shall Make No Repairs

Listing Details MLS# 928275

Location, Tax & Legal

Area
0300 - City of Salem
Street Number
1403
Street Direction Pfx
S
Street Name
Colorado
Street Suffix
ST
State/Province
VA
Zip Code
24153
Municipality
City of Salem
Major Area
03 - City of Salem
Subdivision Map
Riverlee
Legal
Lot 4 Riverlee
Tax ID
234-1-3
Annual Taxes
2289
Zoning Code
CBD

General Property Description

Construction Status
Completed
Year Built
1919
Lot Dimensions
75 X 150 X 54.40 X 153
Total Acreage
0.24
Flood Area
Yes
Gross Lot SqFt
0.24
On site Parking
Yes
Parking Spaces
4
Gross Building SqFt
1941
Office SqFt
1294
Lease Available
No
Basement Y/N
No
Total Bths
Yes
Water Class
N/A

Remarks & Misc

Public Remarks
High-visibility Salem commercial property on a premier corner lot facing South Colorado Street! Featuring high traffic counts and excellent exposure, this classic brick structure is zoned for commercial use and is ideal for a law office, accounting firm, or professional services. The main level showcases beautiful Heart Pine floors, a welcoming lobby/reception area with built-in bookshelves, two private offices, a kitchen area, and a restroom. The carpeted upper attic includes a window A/C unit and serves as excellent storage or administrative space. Key capital improvements include a new architectural shingle roof (2024) and updated gas heat/central air (2021). Complete with a detached garage, parking for 5 vehicles, and a prime location near the Roanoke River and Roanoke River Greenway.
Directions
Apperson Drive to Colorado Street to Property on Left or 4th Street to South on Colorado Street to Property on the Right

Limited Service

Not Limited Service
Yes

Construction

Brick
Yes

More Information

Commercial Type

Office
Yes

Views

Mountain(s)
Yes

Business Type

Professional/Office
Yes

Sale Includes

Building & Land
Yes

Heating

Natural Gas
Yes

Cooling

Electric
Yes
Window Unit(s)
Yes

Water Description

Public
Yes

Documents Available

Elevation Survey
Yes
Survey
Yes

Sewer Description

Public Sewer
Yes

Manufactured Homes

No HUD Tag
Yes

Water Heater Type

Tank
Yes

Water Heater Energy

Electric
Yes

Roof System

Shingle
Yes

Levels

One
Yes

Floors

Vinyl
Yes
Wood
Yes

Additional Features

Additional Buildings
Yes
Fenced
Yes

Topography

Level
Yes

Property Features

Limited Service: Not Limited Service Commercial Type: Office Business Type: Professional/Office Sale Includes: Building & Land Construction: Brick Roof System: Shingle Levels: One Heating: Natural Gas Cooling: Electric; Window Unit(s) Floors: Vinyl; Wood Manufactured Homes: No HUD Tag Additional Features: Additional Buildings; Fenced Water Description: Public Sewer Description: Public Sewer Water Heater Type: Tank Water Heater Energy: Electric Documents Available: Elevation Survey; Survey Topography: Level Views: Mountain(s)
Listing Office: BARKER REALTY CO
Last Updated: September - 16 - 2026
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.

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dba Deb Beran Properties
6655 Scruggs Road
Moneta, VA 24121
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540-529-4229 Cell

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