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Informations principales sur l'investissement

  • High visibility site in the heart of Salem with strong daily traffic along Colorado Street.
  • Large Site with Ample Parking Generous lot with extensive on-site parking and additional land for expansion or reconfiguration.
  • Built out for high occupancy, service-based use, minimizing upfront capital needs.
  • Flexible Building Size & Layout ±11,800 SF across multiple buildings including a 4,800 SF main building and 2,012 SF house, plus outdoor play areas.
  • Located just blocks from Downtown Salem, with easy access to Andrew Lewis Middle School and GW Carver Elementary school.
  • Well suited for education, office, medical, or community focused uses.

Résumé analytique

Cushman & Wakefield | Thalhimer is pleased to present a unique repositioning or redevelopment opportunity in the City of Salem, Virginia. The offering consists of four contiguous parcels totaling three buildings, which has been continuously operated Mini-World Child Care Center, located at 425 S. Colorado Street, 501 S. Colorado Street, 101 E 3rd Street, and 500 S. Market Street. The property features a combined building footprint of approximately 11,800 SF, along with additional land area that includes fenced outdoor play areas, parking, and flexible open space. The existing improvements are well-suited for continued educational or community use, while also offering adaptability for office, medical, or alternative institutional users. Positioned at the corner of Colorado Street and 3rd Street, the site benefits from strong visibility, convenient access, and a walkable location just minutes from downtown Salem. The surrounding area continues to experience steady demand driven by its character, accessibility, and proximity to key amenities and employers. The layout and scale of the property provide a rare opportunity for a variety of uses, including owneroccupants, investors, or developers seeking to reposition the asset. With multiple buildings and parcels, the site also offers optionality for phased occupancy, redevelopment, or potential subdivision. Salem’s market fundamentals remain strong, supported by ongoing growth, a stable economic base, and increasing demand for flexible commercial and community-serving space.

Pièces jointes

Om Salem Mini World

Informations sur l’immeuble

Prix 1 336 235 €
Prix/m² 1 031 € / m²
Condition de vente Projet de requalification
Type de vente Investissement ou propriétaire occupant
Statut Actif
Nb de biens 2
Individuellement en vente 0
Surface totale de l’immeuble 1 296 m²
Surface totale du terrain 0,26 ha

Biens

Nom du bien/adresse Type de bien Surface Année de construction Prix individuel
501 S Colorado St, Salem, VA 24153 Local commercial 651 m² 1960 -
425 S Colorado St, Salem, VA 24153 Local commercial 645 m² 1920 -
Afficher plus > < Afficher moins
  • ID de l’annonce: 40393313

  • Date de mise sur le marché: 04/05/2026

  • Dernière mise à jour:

  • Adresse: Mini-World Child Care Center - Salem, Salem, VA

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