722-726 Roanoke St - R&D FOR SALE


Salem, VA 24153
$995,000 USD
540-982-0011
722-726 Roanoke St, Salem, VA for Sale
$995,000 USD
R&D - FOR SALE
1/47
null | Request Cap Rate

722-726 Roanoke St
Salem, VA 24153


HIGHLIGHTS

  • Rare industrial investment opportunity
  • Flexibility to lease or owner occupy
  • Climate controlled space
  • Three-phase power on-site
  • Drive-in access
  • Convenient location

OVERVIEW

Industrial investment property for sale in Salem, Virginia. Approximately 7,125 square feet improvements which are situated on .48 acre. Two modern metal flex buildings which can accommodate five tenants. Two units, 3,000 square feet, are combined and occupied by the seller who will vacate at settlement. All units have drive-in access. Single phase and three phase power on site. All units are climate controlled. Zoned Light Manufacturing. Great rental income potential with short-term leases in place. Can be owner occupied while generating income. Priced to sell. Located one block from 4th Street and 300 yards from Lowes in a vibrant commercial area. Convenient access to Route 419 and Interstate-81.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

ADD'L SUBTYPES

Manufacturing, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.5

LAND SF

21,780

ZONING

LM

APN/PARCEL ID

142-4-6.1,142-4-6.2

ASK ABOUT THIS PROPERTY

Gavin HollingsworthHall Associates, Inc.More Info
540-982-0011

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Gavin HollingsworthHall Associates, Inc.More Info
540-982-0011

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.