15-17 Salem Ave

Address

15 Salem Ave SE
Roanoke, VA 24011

visit website

View on Google Maps

Details

We are excited to present a unique opportunity in the heart of Downtown Roanoke. This property is ideally located just steps from the Roanoke City Market Building, providing easy access to fine dining, entertainment, museums, banks, shopping, and more. It offers a valuable opportunity for those looking to leverage the growth and vibrancy of the area, with potential for future development.

Spanning three floors, the building features approximately 19,395 SF, a charming courtyard, two available office spaces, and a vacant residential apartment on the second floor. The interior includes exposed brick walls, modern amenities, elevator access, and ADA-compliant restrooms.

The property has undergone a series of updates, including renovations in 2010, a new roof installed in 2017, HVAC upgrades completed in 2018, and an upgrade to energy-efficient LED lighting in 2023.

Investment Highlights

• Central Location: Strategically positioned within walking distance of fine dining, museums, shopping, banking institutions, and entertainment venues
• Perfect for a 1031 Exchange
• Elevator Access and ADA-compliant restrooms
• High ceilings with exposed brick walls
• Heavy daytime foot traffic