For Sale
$750,000

2945 Orange AveRoanoke, VA 24012

6,000 SF Office Showroom - Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 6,000 square foot industrial showroom, located at 2945 Orange Avenue NE in Roanoke, Virginia, presents a compelling redevelopment opportunity. Situated on a 0.93-acre lot in a high-traffic area directly across from Statesman Industrial Park, this property boasts significant visibility and accessibility. The building, constructed in 1978 and extensively renovated in 2019, features a mostly open floor plan ideal for customization. Currently, the property is multi-tenant, with one tenant under a modified lease with two lease options available. The asking price is $750,000, translating to $125 per square foot. The property includes a single dock-high door and a recently updated HVAC system. Its light industrial zoning and prime location near Route 460 make it an attractive investment for a variety of uses. The existing tenants are on short-term leases, providing flexibility for future development plans. This property offers a unique blend of immediate income potential and long-term redevelopment prospects in a thriving Roanoke location. The zip code is 24012.

Highlights

  • High-visibility location on Route 460, opposite Statesman Industrial Park.
  • High traffic counts ensure excellent exposure.
  • Features a brand-new HVAC system.
  • Light industrial zoning.

Property Details for 2945 Orange Ave

Property type
Industrial properties, Showrooms
Square Feet
6,000 SF
Year Built/Renovated
1978/2019

Location Insight

City
Roanoke
County
Roanoke
State
Virginia
Latitude
37.296320442864
Longitude
-79.899719915942
2945 Orange Ave, Roanoke, Virginia

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2945 Orange Ave
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