For Sale
$2,850,000

15 Salem AveRoanoke, VA 24011

Prime location, 19,395 SF office space

Overview

Added:
Dec 11, 2024
Days on market:
115
This three-story, 19,395 square foot Class B office building is located in the heart of Downtown Roanoke, Virginia, at 15-17 Salem Ave SE. Built in 1904 and extensively renovated (2010, 2013, 2017, 2018, with LED lighting upgrades in 2023), the property features a charming courtyard and offers a blend of historic charm and modern amenities. The building includes two available office spaces, a vacant residential apartment on the second floor, elevator access, and ADA-compliant restrooms. High ceilings with exposed brick walls and large windows provide ample natural light. The property sits on a 0.2-acre lot and is zoned D. Its central location offers easy access to the Roanoke City Market Building, fine dining, entertainment, museums, banks, and shopping. The asking price is $2,850,000, translating to $146.95 per square foot. This presents a unique opportunity for investors seeking to capitalize on the growth and vibrancy of Downtown Roanoke. The property's multi-tenancy structure and recent renovations make it an attractive investment with potential for future development.

Highlights

  • Prime Downtown Location: Walkable to restaurants, museums, shops, banks, and entertainment.
  • Elevator and ADA-compliant restrooms.
  • High ceilings with exposed brick.
  • High foot traffic.
  • Abundant natural light from large windows.

Property Details for 15 Salem Ave

Property type
Office properties
Square Feet
19,395 SF
Class
B
Year Built
1904
Buildings
1
Stories
3
Lot Size (sq. ft)
8,712 SF

Location Insight

City
Roanoke
County
Roanoke
State
Virginia
Latitude
37.272481317685
Longitude
-79.939878329774
15 Salem Ave, Roanoke, Virginia

FAQs

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15 Salem Ave
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