One City Plaza
Category: For Sale
Address
312 2nd St. SW
Roanoke, VA 24011
(540) 342-0881
Details
Beautifully renovated using historic tax credits. First floor and lower level built out as full service restaurant and bar/lounge; second floor is high-ceiling, elegant event space; third floor is open concept office. Seven large apartments with strong occupancy and strong rents on fourth and fifth floors.
PROPERTY FACTS
Price $2,785,000 Building Class B
Price Per Unit $397,857 Lot Size 0.13 AC
Sale Type Investment or Owner User Building Size 28,000 SF
Sale Conditions Lease Option Average Occupancy 86%
No. Units 7 No. Stories 5
Property Type Multifamily Year Built/Renovated 1919/2009
Property Subtype Apartment Parking Ratio 0.14/1,000 SF
Apartment Style Mid Rise Opportunity Zone Yes
Nearby
Nearby Restaurants
- 2 Chill Restaurant312 2nd St. SW (39 feet E)
- Crumbles127 Kirk Ave (138 feet NE)
- Leonore Restaurant128 Campbell Ave SW (266 feet NE)
- Morning Brew Coffee Company114A Kirk Ave (279 feet E)
Nearby Shopping
- Unleashed Dog Bakery & Boutique131 Campbell Ave SW (263 feet N)
- Melody Haven122 Church Ave W (312 feet SE)
- Wilson Hughes gallery- contemporary fine art & craft117 Campbell Ave SW (407 feet NE)
- The Aurora Studio Center110 Campbell Ave SW (425 feet NE)
Nearby Attractions
- June M. McBroom Theatre at Community High School302 Campbell Ave SE (191 feet N)
- Freedom Plaza Church Ave SW (290 feet SW)
- Verses114 Kirk Ave (290 feet E)
- The Spot on Kirk22 Kirk Ave SW (735 feet E)