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Flex Space with Warehouse Access
New
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 Market5

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 Contact us

1016-1026 Delaware St $6.50/SF/Yr

Size
20,897 SF
Term
Negotiable
Contact us
Listing Agency: Poe & Cronk Real Estate
Listed By: Trent Weaver
Source: Poecronk
Added: Aug 13 Changed: Aug 14 Last Checked: Aug 17 at 5:32AM

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

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.

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

Current Use

Blue Ridge Diesel ... Auto Repair Shop

Suggested Use

Top Pick Pharmacy Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

552
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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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
More about this property
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