For Sale
$2,850,000

15 Salem Ave Roanoke, VA 24011

Prime location, 19,395 SF office space

Overview

Added:
Dec 11, 2024
Days on market:
138
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

FAQs

What type of property is this?
Office property - Prime location, 19,395 SF office space
Where is the office property located?
The property is located at 15 Salem Ave Roanoke, VA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Prime Downtown Location: Walkable to restaurants, museums, shops, banks, and entertainment.; Elevator and ADA-compliant restrooms.; High ceilings with exposed brick.
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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15 Salem Ave
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