301 Kesler Mill Rd
Salem, VA
±15,360 SF Warehouse on ±1.43 Acres
Owner-user ready: 15,360 SF of warehouse and office in Salem
Investors Real Estate Partners is pleased to offer 301 Kesler Mill Road, a ±15,360 SF warehouse on ±1.43 acres in the City of Salem. The offering covers three contiguous parcels zoned LM, Light Manufacturing: the improved building site at 301 Kesler Mill Road plus two adjoining lots in the 1300 block of Forest Lawn Drive. The building includes ±13,405 SF of warehouse space and ±1,955 SF of office.
The single-story building was built in 1971 with brick exterior walls, a metal roof, concrete floors and central heat. The two additional lots add room to expand the yard, outdoor storage or parking, and one includes a metal garage and covered carport. Cook Siding & Window Company has owned and occupied the property since 1997 and is relocating.
Industrial space in the Roanoke Valley is in short supply, especially small-bay buildings with yard space. 301 Kesler Mill Road gives an owner-user a functional warehouse with office, room to grow and a Salem address, and gives an investor a vacant asset to lease up in a tight market.
The building plus two lots for yard, storage or parking
| Tax Map # | Address | Acres | Use | 2026 Assess. |
|---|---|---|---|---|
| 76-1-7 | 301 Kesler Mill Rd | ±0.81 | Improved, Comm/Indl | $596,800 |
| 76-1-6 | 1300 Blk Forest Lawn Dr | ±0.31 | Garage & Carport | $51,800 |
| 76-1-5 | 1300 Blk Forest Lawn Dr | ±0.31 | Vacant Land | $43,900 |
| Total | ±1.43 | $692,500 |
Building
ConstructionBrick Exterior
Roof / FloorMetal / Concrete
HVACCentral Heat + Air (Office)
Clear Height12'4" Eaves / 15'9" Center
Loading3 Drive-In Doors
Site
Paved Area±19,400 SF
OutbuildingsGarage ±280 SF, Carport ±400 SF
Flood Zone100-Year Floodplain
UtilitiesCity of Salem Water, Sewer & Electric
Inside and out
24 photos. Select any photo to enlarge.
Select interior photos have been edited with AI to remove clutter and are labeled as such.
Salem's industrial pocket, 2 miles from I-81
301 Kesler Mill Road sits in an established commercial and light industrial pocket of the City of Salem, at Kesler Mill Road and Forest Lawn Drive. Salem is the industrial and service hub on the west side of the Roanoke Valley, with direct I-81 access and a strong base of contractors, distributors and manufacturers.
Route 419 / Electric Road±0.4 mi
Downtown Salem±1.7 mi
I-81±2.0 mi
Roanoke-Blacksburg Regional Airport±5.3 mi
Downtown Roanoke±6.3 mi
Call for Offers timeline
301 Kesler Mill Road is offered through a Call for Offers at a suggested price of $1,395,000. Offers must be submitted on a Virginia Commercial Purchase Agreement. The seller is targeting a closing by year end 2026.
-
Oct 12
Tours
By appointment only. Contact Will Farmer or Bryan Musselwhite.
-
Oct 30
Offers Due
Friday, October 30, 2026 at 12:00 PM ET. Submit offers on a Virginia Commercial Purchase Agreement.
-
Nov 2
Top 3 Notified
Monday, November 2, 2026. The top three offers will be invited to a best and final round.
-
Nov 4
Best & Final Due
Wednesday, November 4, 2026 at 12:00 PM ET.
-
Ratify
Ratification
The seller will select a buyer and ratify the purchase agreement.
-
Dec 31
Closing
Closing by year end 2026.
Tour the property or get the purchase agreement
Tours are by appointment only. Fill out the form below and the listing team will follow up directly.