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1405 Mill Race Dr 5,280 SF Industrial Building Salem, VA 24153 $670,000 ($126.89/SF)
Investment Highlights
- Fantastic Salem Location
- Lab | Production Area
- Extremely Well Appointed Space
Executive Summary
This prime office | manufacturing | lab building is located in the Commonwealth Business Park off Mill Lane in Salem. The building is a combination of extremely well appointed office space (4 private offices, conference room and modular cube area) with lab | manufacturing space served by a dock height door for deliveries and shipping. Lab | Production area has 4 offices and large 'analytical' room that could be additional conference room. In addition the lab | production area has existing water lines and drains. Rear overhead door in addition to the dock height door. Two 200 amp panel boxes.
Two restrooms (one ADA compliant) as well as two separate shower rooms.
The BCD (Business Commerce District) zoning district encompasses a wide variety of uses and is for establishments engaged in the processing, manufacturing, compounding, assembly, packaging, treatment or fabrication of materials and products, from processed or previously manufactured materials.
Please take the virtual tour thought the link provided in this listing.
HVAC equipment is mid-life with units dated September 2016, October 2016 and 2019. This building is fully conditioned.
For more information please contact Henry Scholz at 540.353.0100 or Jason Varney at 540.793.4384.
Two restrooms (one ADA compliant) as well as two separate shower rooms.
The BCD (Business Commerce District) zoning district encompasses a wide variety of uses and is for establishments engaged in the processing, manufacturing, compounding, assembly, packaging, treatment or fabrication of materials and products, from processed or previously manufactured materials.
Please take the virtual tour thought the link provided in this listing.
HVAC equipment is mid-life with units dated September 2016, October 2016 and 2019. This building is fully conditioned.
For more information please contact Henry Scholz at 540.353.0100 or Jason Varney at 540.793.4384.
Property Facts
| Price | $670,000 | No. Stories | 1 |
| Price Per SF | $126.89 | Year Built/Renovated | 2000/2005 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 14’ |
| Building Class | A | No. Dock-High Doors/Loading | 1 |
| Lot Size | 0.52 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 5,280 SF | ||
| Zoning | BCD - Business Commerce District | ||
| Price | $670,000 |
| Price Per SF | $126.89 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Building Class | A |
| Lot Size | 0.52 AC |
| Rentable Building Area | 5,280 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2000/2005 |
| Tenancy | Single |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | BCD - Business Commerce District |
Amenities
- Air Conditioning
Utilities
- Lighting
- Water
- Sewer
- Heating
1 1
Property Taxes
| Parcel Number | 165-1-1.7 | Improvements Assessment | $458,600 |
| Land Assessment | $85,800 | Total Assessment | $544,400 |
Property Taxes
Parcel Number
165-1-1.7
Land Assessment
$85,800
Improvements Assessment
$458,600
Total Assessment
$544,400
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1405 Mill Race Dr
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