301 Kesler Mill RD, Salem, VA 24153

$1,395,000

Property Type: Commercial Lot Size (sq. ft.): 62,291 Status: Active

Current Price: $1,395,000 List Date: 10/13/2026 Last Modified: 10/20/2026

Overview

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.

Listing Details MLS# 932327

Location, Tax & Legal

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

General Property Description

Construction Status: Completed
Year Built: 1971
Total Acreage: 1.43
Flood Area: Yes
On site Parking: Yes
Gross Building SqFt: 15360
Office SqFt: 1955
Warehouse SqFt: 13405
Lease Available: No
Water Class: N/A

Miscellaneous Info

Ceiling Height: 159

More Information

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 - 20 - 2026

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