- For Sale $245,000
- Property Type VacantLand
- Lot Size 0.27 Acre
- Date Updated May 12, 2026
Description
Located in Downtown Roanoke near the Jefferson Center, YMCA, and surrounding businesses, this property benefits from strong parking demand and excellent walkability. The site functions as a parking lot today while offering future redevelopment potential in one of Roanoke’s most active corridors. Ideal for investors or developers seeking interim cash flow with long-term upside (buyer to verify zoning and uses).Offered for sale is a well-located, surface parking lot in the heart of Downtown Roanoke, just steps from the Jefferson Center, YMCA, and surrounding businesses. The property benefits from consistent parking demand driven by nearby offices, fitness users, events, and downtown residents.
The site also presents an attractive redevelopment opportunity given its downtown location, walkability, and proximity to key amenities. With limited remaining developable land in the urban core, the property offers investors and developers the flexibility to operate the parking lot as-is while planning for future redevelopment (buyer to verify zoning and allowable uses).
This is a rare opportunity to acquire a functional parking asset with long-term upside in one of Roanoke’s most active downtown corridors.
Highlights
- Flat, usable parcel with existing parking infrastructure in place
- Located near Jefferson Center, YMCA, and surrounding offices, businesses, and cultural venues
- Parking lot with long-term redevelopment potential (buyer to verify zoning and uses)
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Contacts
Morgan Myers
Waldvogel Commercial Properties
Location
Contact Listing Broker
Morgan Myers
Waldvogel Commercial Properties