722-726 Roanoke ST, Salem, VA 24153
$825,000
Property Type:
Commercial
Lot Size (sq. ft.):
20,909
Status:
Active
Current Price:
$825,000
List Date:
12/01/2025
Last Modified:
12/01/2025
Description
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.
Located one block from 4th Street and 300 yards from Lowe's in a vibrant commercial area. Convenient access to Route 419 and Interstate-81.
More Information MLS# 919551
General Property Description
Construction Status: Completed
Total Acreage: 0.48
Flood Area: No
On site Parking: Yes
Basement Y/N: No
Water Class: N/A
Gross Building SqFt: 7125
Lease Available: Yes
Leaseable SqFt: 3000
Year Built: 1990
Location, Tax & Legal
Major Area: 03 - City of Salem
Tax ID: 142-4-6.2; 142-4-6.1
Annual Taxes: 5469.6
Zoning Code: LM
Area: 0300 - City of Salem
Street Number: 722-726
Street Name: Roanoke
Street Suffix: ST
State/Province: VA
Zip Code: 24153
Municipality: City of Salem
Remarks & Misc
Directions: From Downtown Salem head towards Glenvar on E Main Street. Turn left onto W 4th Street. Turn right onto Spring Street. Turn left onto Roanoke Street.
Limited Service
Not Limited Service: 1
Commercial Type
Industrial: 1
Investment: 1
Warehouse: 1
Business Type
Industrial: 1
Storage: 1
Warehouse: 1
Type of Business (Historical Field): Industrial - Light Manufactur
Sale Includes
Building & Land: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Levels
One: 1
Floors
Concrete: 1
Contract Information
Current Price: $825,000
List Price: $825,000
List Date: 2025-07-28
Status: Active
Property Features
Limited Service: Not Limited Service
Commercial Type: Industrial; Investment; Warehouse
Business Type: Industrial; Storage; Warehouse
Sale Includes: Building & Land
Levels: One
Floors: Concrete
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Public Sewer
Listing Office: EDWIN C HALL ASSOCIATES INC
Last Updated: December - 01 - 2025
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