Roanoke Times Print Building

Address

120 Salem Ave SW View on Google Maps
Roanoke, VA 24011
Krista Vannoy 540-342-0881

visit website

Details

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.

 

PROPERTY FACTS
Price    $3,065,500       Year Built    2003
Price Per SF    $64       Tenancy    Single
Sale Type    Owner User    Parking Ratio    0.93/1,000 SF
Property Type    Industrial    Clear Ceiling Height    42 FT
Property Subtype    Manufacturing    No. Dock-High Doors/Loading    3
Building Class    A    No. Drive In / Grade-Level Doors    1
Lot Size    1.17 AC    Cross Streets    2nd St
Rentable Building Area    48,162 SF    Opportunity Zone    Yes
No. Stories    3        

Contact: Krista Vannoy 540-342-0881 or Michael Wadvogel 540-342-8599