Great investment opportunity. This building is in top condition and located in a desirable Electric Road / Route 419 location. It is unusual to find an industrial building along the commercial 419 corridor. The office and warehouse building, according to the City of Salem GIS, consists of approximately 12, 372 square feet which includes about two thirds office space and one third warehouse space. There are twenty-three offices, a reception area, conference room, breakroom, two restrooms and three warehouse areas. It is situated on approximately 2 acres which are fenced and includes 2,760 square feet of covered storage with a tool room. The property underwent extensive renovations in 2016. The exterior facade was upgraded, the metal siding was replaced, and six new overhead doors were installed. Portions of the roof were redone at that time. The remodeled interior included updates to HVAC, electrical and plumbing. A reception area and private offices were added. Some existing warehouse space was converted to offices. The building is climate controlled except for one warehouse area. Three phase power is available. The property is zoned light industrial. It has convenient access to Interstate 81, downtown Salem and Roanoke. The tenant recently exercised its option to renew its lease for five additional years.
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