722-726 Roanoke St - R&D FOR SALE


Salem, VA 24153
$1,100,000 USD
540-816-8696
722-726 Roanoke St, Salem, VA for Sale
$1,100,000 USD
R&D - FOR SALE
1/6
null | 6% Cap Rate

722-726 Roanoke St
Salem, VA 24153


HIGHLIGHTS

  • Located 300 yards of Lowes and one block off major roadway 4th Street, short distance to Rt 419 and I-81. Proven value with $90K rental revenue

OVERVIEW

two buildings on the half acre lot: two units (726 & 724) in front building and three units in rear (722ABC). Total of 5 man doors and 5 garage doors (12x12 each) 3phase electricity in the 722ABC and single phase in the 726 and 724 (front building) Front Building (724 & 726) two units total floor space = 2700sf ; Rear Building (722ABC) now two units total floor space 4500 sf.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$153 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

ADD'L SUBTYPES

Manufacturing, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.5

LAND SF

21,780

ZONING

LM

APN/PARCEL ID

142-4-6.1,142-4-6.2

ASK ABOUT THIS PROPERTY

Tommy FosterBoreAuger LLCMore Info
540-816-8696

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

Tommy FosterBoreAuger LLCMore Info
540-816-8696

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