For Sale
$1,345,000

1603 Franklin Rd Roanoke, VA 24016

Renovated Office Space, Prime Location

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional Class A office building, located at 1603 Franklin Rd SW, Roanoke, VA 24016, offers 5,194 square feet of meticulously renovated space. Built in 1962 and completely renovated in 2021-2022, the property boasts a new roof, HVAC system, 600-amp electrical service, and updated plumbing. High-quality finishes include LVP flooring, Scuffmaster paint, and new windows, doors, and cabinetry. The main level, fully ADA compliant, comprises 4,076 square feet of flexible space, including open areas, private offices, and collaboration zones. A second-floor suite of 1,118 square feet offers walk-out roof access, a three-fixture restroom, and potential for residential or live/work conversion. The 0.37-acre lot includes ample on-site parking for 18 vehicles, a circular drive, and excellent visibility from US 220/I-581 South and US 200 South. The property is zoned MX and features a single tenancy. Asking price is $1,345,000 ($258.95/sq ft). This prime location at the southern edge of the Old Southwest office district offers easy access to downtown Roanoke and Carilion facilities.

Highlights

  • Prime Roanoke location.
  • Excellent visibility, access, and proximity to downtown, Carilion, and major transportation.
  • Beautifully restored 1962 building with modern finishes.
  • Fully renovated with new systems and versatile design.
  • Ample on-site parking.

Property Details for 1603 Franklin Rd

Property type
Office properties, Medical offices
Square Feet
5,194 SF
Class
A
Year Built/Renovated
1962/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
16,117 SF
Units
1

Location Insight

City
Roanoke
County
Roanoke
State
Virginia
Latitude
37.25982433157
Longitude
-79.947373583104

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FAQs

What type of property is this?
Office property - Renovated Office Space, Prime Location
Where is the office property located?
The property is located at 1603 Franklin Rd Roanoke, VA.
What is the asking price?
The asking price for this property is $1,345,000.
What are key features of this property?
This property features: Prime Roanoke location.; Excellent visibility, access, and proximity to downtown, Carilion, and major transportation.; Beautifully restored 1962 building with modern finishes.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Krista Vannoy, CCIM, SIOR
Krista Vannoy, CCIM, SIOR
Michael Waldvogel, CCIM, SIOR
Michael Waldvogel, CCIM, SIOR
Visit Broker Website

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Useful Information

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Franklin Rd
Roanoke, VA 24016

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Franklin Rd
Roanoke, VA 24016

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1603 Franklin Rd
  • Krista Vannoy, CCIM, SIOR
    Krista Vannoy, CCIM, SIOR
  • Michael Waldvogel, CCIM, SIOR
    Michael Waldvogel, CCIM, SIOR
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