$1,470,000
$1,490,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
1,472 SqFt
SOLD DATE : 10/17/2025
Key Details
Sold Price $1,470,000
Property Type Commercial
Sub Type Building
Listing Status Sold
Purchase Type For Sale
Square Footage 1,472 sqft
Price per Sqft $998
MLS Listing ID 662531
Sold Date 10/17/25
HOA Y/N No
Tax Year 2025
Lot Size 2.250 Acres
Acres 2.25
Property Sub-Type Building
Property Description
This freestanding Second-Generation Restaurant Building (Former Sonic Drive-In) was built in 2023 and consists of a 1,472 SF building with a drive- through, a kitchen, and walk-in cooler. It is situated along Salme's business retail corridor, with 23,000 AADT, in a prominent shopping area neighboring Walmart Supercenter and Fool Lion. The total daytime population is 63,695 within a 5-mile radius. Average household income is $91,272 within a 1-mile radius. It is just minutes away from I-81 (Exit 137), 2 miles from Downtown Salem, 5 Miles to Renowned LewisGale Medical Center, and only 10 miles from Roanoke-Blacksburg Regional Airport. The combined land of 2.25 acres has two parcels (#1: 1.28 acres and #2: 0.97 acres). The former Sonic building with a drive through is mostly located on parcel #2. Based on request, the owner is willing to subdivide the land and reposition the property line. The property is also for lease at $9,000 per month, Triple Net lease.
Location
State VA
County Salem
Zoning BC Business-Commerce District
Interior
Fireplace No
Others
Tax ID 138-2-4
Financing Conventional
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Bought with NONMLSOFFICE
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