Industrial Investment Property Trades in Salem, VA

Investors Real Estate Partners is pleased to announce the $1,130,000 sale of 626 Chapman Street, a 100% leased multi-tenant industrial property located in Salem, Virginia.

The 19,000-square-foot asset consists of two separately leased warehouse units and is positioned just off the Salem Truck Route with convenient access to Interstate 81 and Electric Road. The property features fully conditioned space, dock-high loading in each unit, and approximately 24-foot peak ceiling heights, supporting a range of light industrial users.

This transaction reflects continued demand for stabilized industrial assets with in-place cash flow in well-located secondary markets.

Jason Fountain, CCIM, and Steven Zegarski of Investors Real Estate Partners represented the buyer in the transaction.

About Investors Real Estate Partners
Investors Real Estate Partners is an investor-first brokerage focused on helping clients build long-term wealth through brokerage, property management, real estate investment syndication, consulting, and auction services. By combining real-time market insight, disciplined investment strategy, and high-touch execution, the firm delivers measurable value for both investors and agents.