$1,395,000
Salem, VA 24153
MLS# 932327
1 / 27
Property Description
CALL FOR OFFERS. Suggested offer price $1,395,000. Offers due Friday, October 30, 2026 at 12:00 PM ET. The top 3 offers will be invited to a best and final round. The property is a ±15,360 SF warehouse on ±1.43 acres in the City of Salem: ±13,405 SF of warehouse and ±1,955 SF of office. It sits on three contiguous parcels zoned LM, Light Manufacturing. One is the improved building site and two are adjoining lots on Forest Lawn Dr with room for yard, outdoor storage or more parking. The building was built in 1971 with a brick exterior, metal roof, concrete floors, 3 drive-in doors and 12'4'' to 15'9'' clear height. There is ±19,400 SF of paved area plus a metal garage and carport. The owner has occupied it since 1997 and is relocating. It fits an owner-user or an investor lease-up in a tight industrial market. Route 419 is ±0.4 miles away and I-81 is ±2 miles. Tours by appointment only.
Details
General Property Description
Construction Status: Completed
Total Acreage: 1.43
Flood Area: Yes
On site Parking: Yes
Water Class: N/A
Gross Building SqFt: 15360
Office SqFt: 1955
Warehouse SqFt: 13405
Lease Available: No
Year Built: 1971
Location, Tax & Legal
Major Area: 03 - City of Salem
Tax ID: 76-1-5, 76-1-6, 76-1-7
Annual Taxes: 8310
Area: 0300 - City of Salem
Street Number: 301
Street Name: Kesler Mill
Street Suffix: RD
State/Province: VA
Zip Code: 24153
Municipality: City of Salem
Remarks & Misc
Public Remarks: CALL FOR OFFERS. Suggested offer price $1,395,000. Offers due Friday, October 30, 2026 at 12:00 PM ET. The top 3 offers will be invited to a best and final round.
The property is a ±15,360 SF warehouse on ±1.43 acres in the City of Salem: ±13,405 SF of warehouse and ±1,955 SF of office. It sits on three contiguous parcels zoned LM, Light Manufacturing. One is the improved building site and two are adjoining lots on Forest Lawn Dr with room for yard, outdoor storage or more parking. The building was built in 1971 with a brick exterior, metal roof, concrete floors, 3 drive-in doors and 12'4'' to 15'9'' clear height. There is ±19,400 SF of paved area plus a metal garage and carport. The owner has occupied it since 1997 and is relocating. It fits an owner-user or an investor lease-up in a tight industrial market. Route 419 is ±0.4 miles away and I-81 is ±2 miles. Tours by appointment only.
Directions: From I-81, take Exit 141, follow Rte 419 South (N. Electric Rd) for 1.6 miles. Turn right onto E. Main St (US-460) and go about 0.25 miles. Turn right onto Kesler Mill Rd. The property is on the left.
Limited Service
Not Limited Service: 1
Construction
Block: 1
Metal Siding: 1
Commercial Type
Industrial: 1
Office: 1
Warehouse: 1
Business Type
Manufacturing: 1
Professional/Office: 1
Warehouse: 1
Sale Includes
Building & Land: 1
Miscellaneous Info
Ceiling Height: 159
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Roof System
Metal: 1
Topography
Level: 1
Contract Information
Current Price: $1,395,000
List Price: $1,395,000
List Date: 2026-10-12
Status: Active
Property Features
Limited Service: Not Limited Service
Commercial Type: Industrial; Office; Warehouse
Business Type: Manufacturing; Professional/Office; Warehouse
Sale Includes: Building & Land
Construction: Block; Metal Siding
Roof System: Metal
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Public Sewer
Topography: Level
Listing Office: INVESTORS REAL ESTATE PARTNERS LLC
Last Updated: October - 13 - 2026
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