722-726 Roanoke ST, Salem, VA 24153
$825,000
Property Type:
Commercial
Lot Size (sq. ft.):
20,909
Status:
Closed
Current Price:
$825,000
List Date:
2/02/2026
Last Modified:
3/23/2026
Overview
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.
Listing Details MLS# 919551
Location, Tax & Legal
- 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
- Major Area
- 03 - City of Salem
- Tax ID
- 142-4-6.2; 142-4-6.1
- Annual Taxes
- 5469.6
- Zoning Code
- LM
General Property Description
- Construction Status
- Completed
- Year Built
- 1990
- Total Acreage
- 0.48
- Flood Area
- No
- On site Parking
- Yes
- Gross Building SqFt
- 7125
- Lease Available
- Yes
- Leaseable SqFt
- 3000
- Basement Y/N
- No
- Water Class
- N/A
Status Change Info
- Ratified Contract Dt
- 2026-02-13
- Sold Date
- 2026-03-17
Business Type
- Type of Business (Historical Field)
- Industrial - Light Manufactur
- Industrial
- Yes
- Storage
- Yes
- Warehouse
- Yes
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.
More Information
Limited Service
- Not Limited Service
- Yes
Commercial Type
- Industrial
- Yes
- Investment
- Yes
- Warehouse
- Yes
Sale Includes
- Building & Land
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Manufactured Homes
- No HUD Tag
- Yes
Levels
- One
- Yes
Floors
- Concrete
- Yes
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: March - 23 - 2026
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