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Off Market
1/1

120 Salem Ave SW
Roanoke, VA 24011


HIGHLIGHTS

  • This property has direct access to I-581.
  • This is a highly visible and accessible location.
  • There is great volume of space for users requiring high ceilings or to create additional square footage.
  • Rooftop areas and huge windows offer panoramic views.

OVERVIEW

Waldvogel Commercial Properties, Inc. is pleased to offer for sale this 48,162 +/- SF building on 1.17 acre lot at a prominent corner in Downtown Roanoke. The property was developed in 2003 to house a state-of-the-art printing press for the regional newspaper. Construction is a heavy-duty steel and concrete facility with attractive brick and glass facade. This is an incredible adaptive re-use opportunity to convert a new construction property with significant infrastructure to a retail, office, entertainment, hospitality or mixed use facility. The property is zoned D (Downtown) which is a commercial zoning specific to Roanoke's Central Business District. The building systems include HVAC throughout, combination wet/dry sprinkler systems, four-stop freight elevator, and heavy power. The property includes a parking lot and a stunning glass and steel pedestrian walkway which spans 2nd Street. The building footprint is approximately 26,700 SF and second floor features soaring 42' ceilings.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Freestanding, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2003

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

42 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

45

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

-

APN/PARCEL ID

101-1001