824 Iowa St - Medical FOR SALE


Salem, VA 24153
$195,000 USD
540-314-1739
824 Iowa St, Salem, VA for Sale
$195,000 USD
Medical - FOR SALE
1/8
null | Request Cap Rate

824 Iowa St
Salem, VA 24153


HIGHLIGHTS

  • Prime, central Salem location around the corner from the Valleydale complex
  • Good application for office and service business use
  • Perfect size for an owner/user
  • On-site parking

OVERVIEW

This well-positioned, block building with a brick facade in Salem is ready for its next venture. Previously used as a dental lab with an open work area, two small restrooms, and an office with a small breakroom, this property has great potential for office and service uses. Interior finishes include VCT flooring, an acoustic tile ceiling, fluorescent lighting, several sinks and built in cabinets. There is on-site surface parking for +/- 6 vehicles. An outside storage shed and an air compressor will convey. Central Salem location, minutes from I-81 access, the Salem Civic Center, Electric Rd, Apperson Dr, and E Main St. The value of 824 Iowa Street's location is enhanced by its proximity to The Valleydale Redevelopment Project just around the corner. Valleydale, a new upscale residential complex, has opened its first phase and is poised to provide a total of +/- 300 lofts.

FOR SALE DETAILS

PRICE

$195,000 USD

PRICE/SF

$174 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,585 SF

ZONING

RB

APN/PARCEL ID

158-7-1

ASK ABOUT THIS PROPERTY

Krista VannoyWaldvogel Commercial Properties, Inc.More Info
540-314-1739

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Krista VannoyWaldvogel Commercial Properties, Inc.More Info
540-314-1739

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