626-638 Chapman ST, Salem, VA 24153
$1,250,000
Property Type:
Commercial
Lot Size (sq. ft.):
40,075
Status:
Pending
Current Price:
$1,250,000
List Date:
8/04/2025
Last Modified:
12/29/2025
Description
Multi-Tenant warehouse offering immediate cash flow for an investor or future owner occupant. 2 separate rentable units for a combined 19,800 SF. Both units are fully leased and conditioned.
More Information MLS# 919789
General Property Description
Construction Status: Completed
Total Acreage: 0.92
Flood Area: Yes
On site Parking: Yes
Basement Y/N: No
Water Class: N/A
Lease Available: No
Year Built: 1989
Location, Tax & Legal
Major Area: 03 - City of Salem
Tax ID: 160-10-7.1
Annual Taxes: 11628
Zoning Code: LM
Area: 0300 - City of Salem
Street Number: 626-638
Street Name: Chapman
Street Suffix: ST
State/Province: VA
Zip Code: 24153
Municipality: City of Salem
Remarks & Misc
Directions: Heading E. on West Main St to right on W. 4th St then right onto Chapman St. Warehouse is on your left.
Limited Service
Not Limited Service: 1
Construction
Metal Siding: 1
Commercial Type
Industrial: 1
Investment: 1
Warehouse: 1
Business Type
Type of Business (Historical Field): Warehouse
Sale Includes
Building & Land: 1
Heating
Natural Gas: 1
Miscellaneous Info
Ceiling Height: 24
Cooling
Electric: 1
Water Description
Public: 1
Documents Available
Survey: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Water Heater Type
Tank: 1
Roof System
Metal: 1
Levels
One: 1
Floors
Carpet: 1
Concrete: 1
Luxury Vinyl Plank: 1
Additional Features
Loading Docks: 1
Overhead Door: 1
Topography
Level: 1
Contract Information
Current Price: $1,250,000
List Price: $1,250,000
List Date: 2025-08-04
Status: Pending
Status Change Info
Ratified Contract Dt: 2025-12-29
Property Features
Limited Service: Not Limited Service
Commercial Type: Industrial; Investment; Warehouse
Sale Includes: Building & Land
Construction: Metal Siding
Roof System: Metal
Levels: One
Heating: Natural Gas
Cooling: Electric
Floors: Carpet; Concrete; Luxury Vinyl Plank
Manufactured Homes: No HUD Tag
Additional Features: Loading Docks; Overhead Door
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Documents Available: Survey
Topography: Level
Listing Office: EDWIN C HALL ASSOCIATES INC
Last Updated: December - 29 - 2025
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