For Sale
$1,950,000

3125 Salem TpkeRoanoke, VA 24017

62,000 SF Flex/Warehouse in Roanoke, VA

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 62,000-square-foot industrial property, located at 3125 Salem Turnpike NW in Roanoke, Virginia (zip code 24017), presents a compelling investment opportunity. The building, constructed in 1954 and extensively renovated in 2016, boasts a desirable flex/warehouse configuration ideal for a variety of uses. The property sits on a generous 3.99-acre lot and is zoned I-1, offering flexibility for future development. The building features seven loading docks, ensuring efficient logistics. Inside, you'll find a ceiling height of 11 feet, providing ample vertical space. Significant improvements have been made in recent years, including a new roof (2016), a new ESFR sprinkler system (2019), new LED lighting (2021), new gutters (2023), and new heaters (2019). The property also includes a substantial office and showroom area exceeding 5,000 square feet, providing versatile space for administrative functions and client interaction. Currently vacant, this NNN-leased property is offered at $1,950,000, representing a price per square foot of $31.45. This free-standing building offers significant potential for a discerning buyer seeking a well-maintained, strategically located industrial asset in the thriving Roanoke market. The net rentable square footage is 62,000 square feet.

Property Details for 3125 Salem Tpke

Property type
Warehouses, Industrial properties
Square Feet
62,000 SF
Year Built/Renovated
1954/2016
Lot Size (sq. ft)
173,804 SF

Location Insight

City
Roanoke
County
Roanoke
State
Virginia
Latitude
37.2862712
Longitude
-79.9884047
3125 Salem Tpke, Roanoke, Virginia

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3125 Salem Tpke
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