Search - NSR Realty Team - REALTORS®

$4,900,000
1342 Roanoke BLVD
Salem, VA 24153
MLS# 914064
16 baths


1342 Roanoke BLVD, Salem, VA 24153
  1 / 14  
1342 Roanoke BLVD, Salem, VA 24153 1342 Roanoke BLVD, Salem, VA 24153 1342 Roanoke BLVD, Salem, VA 24153 1342 Roanoke BLVD, Salem, VA 24153 1342 Roanoke BLVD, Salem, VA 24153 1342 Roanoke BLVD, Salem, VA 24153 1342 Roanoke BLVD, Salem, VA 24153 1342 Roanoke BLVD, Salem, VA 24153 1342 Roanoke BLVD, Salem, VA 24153 1342 Roanoke BLVD, Salem, VA 24153 1342 Roanoke BLVD, Salem, VA 24153 1342 Roanoke BLVD, Salem, VA 24153 1342 Roanoke BLVD, Salem, VA 24153 1342 Roanoke BLVD, Salem, VA 24153

Property Description
Multi-tenant flex building with strong rental history. Redeveloped in 2006, located at the intersection of Roanoke Blvd and Electric Rd. (Route 419) within 3 miles of I-81 via a four-lane divided highway. The location provides easy access to the Roanoke, New River and Shenandoah Valleys. Each of the eight tenant suites features approximately 10% office, a warehouse with 21+ foot ceilings and a mix of dock high loading and drive in doors. A sizable truck court serves the rear of the property providing additional parking for both box trucks and overflow employee parking. The property is 100% occupied with no vacancy for the past 5 years, 3-phase electric, fully sprinkled with a new steel framed, concrete personnel walkway completed in 2021.

Details
Maps
Contract Information
Current Price: $4,900,000
Sold Price: $4,900,000
List Date: 2025-02-03
Status: Closed
General Property Description
Construction Status: Completed
Year Built: 1972
Lot Dimensions: 442 x 512
Total Acreage: 4.27
Flood Area: No
Gross Lot SqFt: 186001
On site Parking: Yes
Gross Building SqFt: 65760
Industrial SqFt: 59260
Office SqFt: 6500
Warehouse SqFt: 59260
Lease Available: Yes
Leaseable SqFt: 65760
Basement Y/N: No
Total Bths: 16
Water Class: N/A
Location Legal Taxes
Area: 0300 - City of Salem
Street Number: 1342
Street Name: Roanoke
Street Suffix: BLVD
State/Province: VA
Zip Code: 24153
Municipality: City of Salem
Status Change Info
Ratified Contract Dt: 2025-07-01
Sold Date: 2025-09-19
Sold Price: $4,900,000
Business Type
Type of Business (Historical Field): Multi Tenant Flex Space
Lease Info
Lease Terms: 2-5 Year
Miscellaneous Info
Ceiling Height: 21
Electric Description: 3-Phase
Property Features
Limited Service: Not Limited Service
Commercial Type: Industrial
Sale Includes: Building & Land
Construction: Block
Roof System: Other - See Remarks
Levels: One
Heating: Natural Gas
Cooling: Electric
Floors: Carpet; Concrete
Manufactured Homes: No HUD Tag
Additional Features: Loading Docks; Overhead Door
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Documents Available: Survey
Topography: Level

Listing Office: VRC PROPERTIES LLC

Last Updated: September - 23 - 2025

All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.