For Sale $475,000
Property Type Office - Creative Office
Property Size 3,672 SF
Lot Size 0.33 Acre
Property Tenancy Single Tenant
Building Class B
Year Built 1948
Date Updated Feb 16, 2024

The office building located only a short drive from downtown.Office space with some flex space and an overhead door. The building was completely renovated in March 2020, including a new roof, new HVAC, and new water heater with significant upgrades to the insulation, electrical, and plumbing systems. Available for sale for $475,000 with a 7% Cap Rate.Office building located only a short drive from downtown. Recently remodeled office space with some flex space and an overhead door. Available for lease for $3000 a month modified net.

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Highlights

Excellent Property for a 1031 Exchange
Located near the busy 13th and Jamison intersection
5 minutes to I-581
High Traffic Count - 25,000
Nicely finished inside
Versatile Building
Highly Visible

Contacts

Jim Bolling

Poe & Cronk Real Estate Group

(540) 353-8889

Location

Getting Around

Walk Score ®
49/100 Car-Dependent
Transit Score ®
29/100 Some Transit
Bike Score ®
63/100 Bikeable

Map
Street

City Roanoke, VA
Zip Code 24013

Points of Interest

Roanoke

1.13 miles

Exxon

0.81 miles
Exxon

0.83 miles
Speedway

0.96 miles
Sheetz

1.06 miles
Speedway

1.42 miles
Citgo

1.66 miles
Kroger

1.85 miles
Kroger

2.32 miles
GoMart

2.55 miles
Country Crossing Fuel

2.80 miles

Elmwood Lot

0.99 miles
Five Market Street

1.03 miles
Center in the Square Garage

1.04 miles
Carilion Community Hospital Parking

1.05 miles
Church Avenue Garage

1.24 miles
Carilion Clinic Family Medicine SE Parking

1.50 miles
East Gate Park Parking

1.62 miles
Mason Mill Park Parking

1.77 miles
Rivers Edge North Park Parking Access

1.83 miles
Wolf Creek Greenway Parking

2.66 miles

Days Inn by Wyndham Roanoke Civic Center

0.90 miles
Hampton Inn & Suites Roanoke - Downtown

1.02 miles
Holiday Inn Express & Suites Roanoke Civic Center

1.03 miles
The Hotel Roanoke & Conference Center, Curio Collection by Hilton

1.03 miles
Econo Lodge Civic Center

1.12 miles
Comfort Inn - Roanoke Civic Center

1.30 miles
King George Inn Bed & Breakfast

1.67 miles
Roanoke Boutique Hotel

1.72 miles
SpringHill Suites by Marriott Roanoke

1.77 miles
Ramada

2.01 miles

McDonald's

0.89 miles
Domino's

0.89 miles
Pho Viet Nam

0.94 miles
Nawab

0.95 miles
Awful Arthur's Seafood Company

0.98 miles
Wasabi Restaurant

0.98 miles
Scrambled

0.99 miles
Der Frankfurter Bistro

0.99 miles
Hong Kong

0.99 miles
Habana Cafe

0.99 miles

Jamison Elementary School

0.05 miles
Fallon Park Elementary School

0.36 miles
Stonewall Jackson Junior High School

0.47 miles
Belmont School

0.56 miles
Morningside Elementary School

0.75 miles
Saint Andrews High School

1.06 miles
Saint Andrews Elementary School

1.09 miles
Jefferson College of Health Sciences

1.10 miles
William Byrd High Schools

1.35 miles
Roanoke County Alternative School

1.37 miles

Frequently Asked Questions

What is the lease rate for 7% Cap Rate Investment Property?

Rental asking rate at 7% Cap Rate Investment Property is $237,500.00/YR.

What is the total square footage of 7% Cap Rate Investment Property?

7% Cap Rate Investment Property totals 3,672 square feet.

When was this property built?

7% Cap Rate Investment Property was built in 1948.

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