Real Estate

We've Got the Perfect Location for Your Business

From finding the perfect site or building to data about workforce or help with planning, the City of Salem Economic Development team can connect you with the resources and people that will fuel your business success. 

Salem General Electric
Former General Electric Building

In 2023, Governor Youngkin announced that STS Group AG would establish its North American headquarters and manufacturing operation in the former General Electric building in the City of Salem. STS is a leading global supplier of interior and exterior parts for commercial and personal vehicles and their new Salem headquarters represents a $32 million investment and is projected to create 119 new jobs. 

Read More


Available Sites & Buildings in Salem, VA


Search available sites and buildings 

Explore Parcel data on Salem’s GIS Site

Opportunity Zones + Tourism Zones


  • Situated in the largest metropolitan area in Western Virginia.
  • The region is home to more than 325,000 people and serves as the center for jobs, transportation, entertainment, and healthcare for 1 million more.
  • The talent opportunities are world class while the cost of doing business is lower than the national average. Building costs in particular are 87.1 percent lower than average.
  • A vibrant regional community serves as the perfect place to attract and retain talented workers.
  • The region features one of the most diverse economies in the state, making Salem a nimble and strong place to do business. 
  • From advanced manufacturing, to biomedical, to tech startups and more, you'll find the right climate and the right collaborators for success.  
  • The location couldn't be better. Salem enjoys a convenient East Coast location that gives you access to rail, highway, air, and sea.
  • Virginia is in the top 5 places to do business nationally, thanks to its low costs and business friendly policies.