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Deborah F. Beran Inc

Smith Mountain Lake Real Estate for Sale

540-721-1488 | 540-529-4229 Cell
Deborah F. Beran Inc., Broker/Owner
ABR, CFSP, CLHMS, CRS, GRI, Guild Elite, MCNE
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628 & 632 S Colorado ST, Salem, VA 24153 (MLS# 925808)

628 & 632 S Colorado ST, Salem, VA 24153

$280,000
01-DSC00082

Virtual Tour

https://showsgreat.photography/628-S-Colorado-St/idx
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Property Type: Commercial Lot Size (sq. ft.): 11,326 Status: Closed
Current Price: $280,000 List Date: 3/24/2026 Last Modified: 8/07/2026

Overview

Description

Great commercial opportunity in a highly desirable location just a few blocks from Downtown Salem! Situated on a flat corner lot, this versatile property offers incredible potential for a wide variety of business uses. The building features a welcoming large front porch, a spacious foyer, multiple flexible rooms, and tow half bathrooms, making it ideal for offices, retail, or service-based operations. Ample parking is available with a large lot behind the building, ensuring convenience for clients and staff alike. Additionally, the detached garage - complete with its own address, separate electrical service, and plumbing for a bathroom - provides even more possibilities for expansion, rental income, or a secondary workspace.

Listing Details MLS# 925808

Location, Tax & Legal

Area
0300 - City of Salem
Street Number
628 & 632
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
Legal
Tax Map #160-6-7
Tax ID
160-6-7
Annual Taxes
2564.4
Zoning Code
CBD

General Property Description

Construction Status
Completed
Year Built
1940
Total Acreage
0.26
Flood Area
No
Gross Lot SqFt
11250
On site Parking
Yes
Parking Spaces
8
Gross Building SqFt
1316
Lease Available
No
Basement Y/N
Yes
Water Class
N/A

Status Change Info

Ratified Contract Dt
2026-04-05
Sold Date
2026-08-06

Internet Access

Cur'nt Internet Prov
Cox & Glo Fiber
Fiber
Yes
Cable
Yes

Remarks & Misc

Public Remarks
Great commercial opportunity in a highly desirable location just a few blocks from Downtown Salem! Situated on a flat corner lot, this versatile property offers incredible potential for a wide variety of business uses. The building features a welcoming large front porch, a spacious foyer, multiple flexible rooms, and tow half bathrooms, making it ideal for offices, retail, or service-based operations. Ample parking is available with a large lot behind the building, ensuring convenience for clients and staff alike. Additionally, the detached garage - complete with its own address, separate electrical service, and plumbing for a bathroom - provides even more possibilities for expansion, rental income, or a secondary workspace.
Directions
419 (Electric Rd) to East Main St to Left on S Colorado St, property on Left.

More Information

Limited Service

Not Limited Service
Yes

Construction

Vinyl
Yes

Commercial Type

Office
Yes

Views

City
Yes

Business Type

Other
Yes

Sale Includes

Building & Land
Yes

Heating

Heat Pump
Yes

Cooling

Heat Pump
Yes

Water Description

Public
Yes

Sewer Description

Public Sewer
Yes

Manufactured Homes

No HUD Tag
Yes

Water Heater Type

Tank
Yes

Water Heater Energy

Natural Gas
Yes

Roof System

Shingle
Yes

Levels

One
Yes

Floors

Vinyl
Yes

Additional Features

Additional Buildings
Yes
Overhead Door
Yes

Topography

Level
Yes

Property Features

Limited Service: Not Limited Service Commercial Type: Office Business Type: Other Sale Includes: Building & Land Construction: Vinyl Roof System: Shingle Levels: One Heating: Heat Pump Cooling: Heat Pump Floors: Vinyl Manufactured Homes: No HUD Tag Additional Features: Additional Buildings; Overhead Door Water Description: Public Sewer Description: Public Sewer Water Heater Type: Tank Water Heater Energy: Natural Gas Internet Access: Fiber; Cable Topography: Level
Listing Office: MKB, REALTORS®
Last Updated: August - 07 - 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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Your Smith Mountain Lake Properties Professional:

Deborah F. Beran Inc.
dba Deb Beran Properties
6655 Scruggs Road
Moneta, VA 24121
540-721-1488 Office
540-529-4229 Cell

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Industry Associations:

  • Licensed in the Commonwealth of Virginia
  • Member of the National Association of Realtors
  • Member of the Roanoke Valley Association of REALTORS®
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