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Carter Warehouse 659 S Broad St

38,800 SF 100% Leased Industrial Building Salem, VA 24153 $3,586,320 CAD ($92 CAD/SF)

Warehouses Virginia Salem 659 S Broad St, Salem, VA 24153

Investment Highlights

  • 2 standalone warehouses for sale together for $2,850,000

Executive Summary

Two (2) Adjacent 19,000 SF warehouses on different tax parcels being offered for sale in Salem, VA. Located a block from the Truck Route with easy access to I-81 and Electric Rd. Five (5) separate rentable spaces that are currently all leased. Excellent investment or opportunity or future Owner/User. High ceilings in both buildings allow for various uses.
Building 1: 626-638 Chapman St, Salem, VA 24153 (19,000 SF)
Building 2: 629-659 S. Broad St., Salem, VA 24153 (19,000 SF)
- 2 standalone warehouses for sale together for $2,850,000
- Each building is approximately 19,000 SF
- Located on separate parcels, able to be sold individually
- Located a block away from the truck route (4th St) in Salem, VA
- Easy Access to I-81 and 419
- 5 individual rentable spaces, 100% leased

Property Facts

Price $3,586,320 CAD Rentable Building Area 38,800 SF
Price Per SF $92 CAD No. Stories 1
Sale Type Investment or Owner User Year Built 1988
Property Type Industrial Clear Ceiling Height 20 ft
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • FlexLight Distribution
 No. Dock-High Doors/Loading 4
Building Class B No. Drive In / Grade-Level Doors 4
Price $3,586,320 CAD
Price Per SF $92 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • FlexLight Distribution
Building Class B
Rentable Building Area 38,800 SF
No. Stories 1
Year Built 1988
Clear Ceiling Height 20 ft
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 4

Amenities

  • Front Loading
  • Signage
  • Skylights
  • Air Conditioning

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 160-10-7.1
  • 160-10-7.2
 Improvements Assessment $772,609 CAD
Land Assessment $229,506 CAD Total Assessment $1,002,115 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 160-10-7.1
  • 160-10-7.2
Land Assessment
$229,506 CAD
Improvements Assessment
$772,609 CAD
Total Assessment
$1,002,115 CAD

zoning

Zoning Code LM (Light Industrial)
LM (Light Industrial)
(540) 857-5864

  • Listing ID: 33140625

  • Date on Market: 2024-09-11

  • Last Updated:

  • Address: 659 S Broad St, Salem, VA 24153

The Industrial Property at 659 S Broad St, Salem, VA 24153 is currently available For Sale. Contact Hall Associates, Inc. for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

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Carter Warehouse | 659 S Broad St
(540) 857-5864 x

Carter Warehouse | 659 S Broad St

Robert Powell

(540) 857-5864

(540) 857-5864

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