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1405 Mill Race Dr 5,280 SF Industrial Building Salem, VA 24153 $903,783 CAD ($171.17 CAD/SF)

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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.

Property Facts

Price $903,783 CAD
Price Per SF $171.17 CAD
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

Property Taxes

Property Taxes

Parcel Number
165-1-1.7
Land Assessment
$115,738 CAD
Improvements Assessment
$618,619 CAD
Total Assessment
$734,357 CAD
  • Listing ID: 39266709

  • Date on Market: 2026-01-30

  • Last Updated:

  • Address: 1405 Mill Race Dr, Salem, VA 24153

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