12 Campbell Ave SE - Storefront Retail/Office FOR SALE


Roanoke, VA 24011
$750,000 USD
540-353-0100
12 Campbell Ave SE, Roanoke, VA for Sale
$750,000 USD
Storefront Retail/Office - FOR SALE
1/16
null | Request Cap Rate

12 Campbell Ave SE
Roanoke, VA 24011


HIGHLIGHTS

  • Prime Historic Market Location in Downtown Roanoke
  • Extensively Renovated in 2008
  • High Foot Traffic Area

OVERVIEW

Prime location in the heart of the historic City Market District in Downtown Roanoke. This building is currently being used for retail but zoning allows for a multiple of uses from office to residential. Over 2,500 residents call the downtown area home with virtually every older office building converted to condominiums and apartments. Several hotels serve the downtown area including the historic Hotel Roanoke, all offering over 500 guest rooms. Downtown Roanoke, the hub of life in the Greater Roanoke Valley offers numerous events throughout the year drawing tens of thousands into the downtown area. If you are looking for a vibe unlike any other, this is it. This wonderful building constructed in 1905 was completely renovated in 2008 to far surpass its original condition. Combining original features with modern conveniences the 2008 renovation included a completely new floor system, new storefront glass, new wide stairway to the second floor, new HVAC systems as well as electrical. The main level boast a large retail area, two ADA compliant restrooms, kitchen and second rear staircase to the 2nd floor. The second level is accessed by a wide front staircase and offers a large room overlooking Campbell Avenue as well as large storage room.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Nelson Building in Historic Market Area

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

D

APN/PARCEL ID

4010308

ASK ABOUT THIS PROPERTY

Henry ScholzMKB RealtorsMore Info
540-353-0100

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Henry ScholzMKB RealtorsMore Info
540-353-0100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.