1940 W Main ST, Salem, VA 24153
$1,250,000
Property Type:
Commercial
Lot Size (sq. ft.):
35,719
Status:
Active
Current Price:
$1,250,000
List Date:
6/28/2025
Last Modified:
1/27/2026
Overview
Description
This fantastic location started it's life as a Bojangles back in 1983. Most recently it was The Tokyo Express. Mostly gutted, it being sold ''as is,,where is'' For it's new life as a restaraunt not specializing in CHICKEN. It is available for a net lease at $100,000 per year.
Listing Details MLS# 918680
Location, Tax & Legal
- Area
- 0300 - City of Salem
- Street Number
- 1940
- Street Direction Pfx
- W
- Street Name
- Main
- Street Suffix
- ST
- State/Province
- VA
- Zip Code
- 24153
- Municipality
- City of Salem
- Major Area
- 03 - City of Salem
- Legal
- PT LTS 5&6 0.824AC
- Tax ID
- 38.2-6.1
- Annual Taxes
- 10186
General Property Description
- Construction Status
- Completed
- Year Built
- 1983
- Total Acreage
- 0.82
- Road Frontage
- 130
- Traffic Count
- 23000
- Flood Area
- Yes
- Gross Lot SqFt
- 35983
- On site Parking
- Yes
- Parking Spaces
- 52
- Lease Available
- Yes
- Water Class
- N/A
Business Type
- Type of Business (Historical Field)
- Restaurant
- Restaurant
- Yes
Remarks & Misc
- Directions
- Just off exit 137 toward Salem on W Main Property on right.
Limited Service
- Not Limited Service
- Yes
More Information
Commercial Type
- Retail
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Manufactured Homes
- No HUD Tag
- Yes
Property Features
Limited Service:
Not Limited Service
Commercial Type:
Retail
Business Type:
Restaurant
Manufactured Homes:
No HUD Tag
Water Description:
Public
Sewer Description:
Public Sewer
Listing Office:
JMAX PROPERTY MANAGEMENT LLC
Last Updated: January - 27 - 2026
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