Flex Space with Warehouse
For Lease
$6.50 SF/Yr
1016 Delaware St, Salem, VA 24153
Warehouse-focused flex space combines office accommodation with multiple loading options and HBD zoning.
Space Size20,897 SF
Days on Market56
Property Features for 1016 Delaware St
General Information
Standard status
Active
Size
20,897 SF
Property subtype
Industrial
Zoning
HBD
Lease Term
NNN
Warehouse & Industrial
Office Build-Out
3,664 SF
Dock-High Doors
1
Drive-In Doors
7
Additional Details
Highway Access
Yes
Building Details
Building Size
20,897 SF
Year Built
1960
Spaces For Lease
at 1016 Delaware St
1016-1026 Delaware St
$6.50/SF/Yr
Size
20,897 SF
Term
Negotiable
Listing Agency:
Poe & Cronk Real Estate Group
Listed By:
Trent Weaver
(540) 204-4935
Source:
Poecronk
Added: Aug 13
Changed: Sep 7
Last Checked: Oct 5 at 5:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Poe & Cronk Real Estate Group
Investment Insights
Based on property information with market context.
This flex space is predominantly warehouse area with approximately 3,664 square feet of office space. Seven drive-in doors and one dock-height door support a range of loading and layout requirements, while the combination of warehouse and office areas provides a practical commercial configuration. The building was constructed in 1960.
Located at 1016 Delaware St in Salem, the property provides access to the I-81 corridor and the Salem and Roanoke markets. HBD zoning supports the property’s industrial-oriented setting and complements its warehouse-heavy layout.
Located at 1016 Delaware St in Salem, the property provides access to the I-81 corridor and the Salem and Roanoke markets. HBD zoning supports the property’s industrial-oriented setting and complements its warehouse-heavy layout.
Key Highlights
- Approximately 3,664 sf of office space within a predominantly warehouse‑oriented flex property
- 7 drive‑in doors support loading access and interior configuration
- 1 dock height door included
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Dock-high doors
7
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$0.98 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 24153, VA
38,728
Population
16,387
Households
2.4
Avg Household Size
44
Median Age
30%
College-Educated
94%
High-School Grad
101.2 sq mi
ZIP Area
383
Density / Sq Mi
$72,691
Median Household Income
$39,851
Median Earnings
$1,058
Median Rent
$251,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse-focused flex space combines office accommodation with multiple loading options and HBD zoning.
Where is this flex space located?
The property is located at 1016 Delaware St Salem, VA.
What is the lease rate?
The lease rate is $6.50 SF/Yr.
What are key features of this property?
This property features: Approximately 3,664 sf of office space within a predominantly warehouse‑oriented flex property; 7 drive‑in doors support loading access and interior configuration; 1 dock height door included
