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