For Sale
$849,950

5427 Peters Creek RdHollins, VA 24019

14,850 SF Office Building, Roanoke, VA

Overview

Added:
Dec 11, 2024
Days on market:
114
This three-story, 14,850-square-foot office building in Roanoke, Virginia, presents a compelling investment opportunity for owner-users or redevelopment projects. Located on a heavily trafficked section of Peters Creek Road (5427 Peters Creek Rd, Roanoke, VA 24019), this Class C property boasts ample parking and sits on a 1.34-acre lot. The building, constructed in 1992, features three units and is currently 90% occupied, with the lease expiring July 12, 2024. One side of the building offers an elevator servicing all three floors, while the other side comprises two stories without elevator access. The property is zoned C1 and offers significant potential for various uses. The asking price is $849,950, translating to $57.24 per square foot. This presents a rare chance to acquire a substantial office building in a prime Roanoke location, ideal for those seeking an owner-occupied space or a redevelopment project with high upside potential. The property's size, location, and existing occupancy make it an attractive investment.

Highlights

  • High-potential investment, owner-user, or redevelopment opportunity on heavily trafficked Peters Creek Road.
  • 14,850 square feet of office space.
  • Three-story building with elevator service on one side; two-story section on the other side.
  • Abundant parking.

Property Details for 5427 Peters Creek Rd

Property type
Office properties
Square Feet
14,850 SF
Class
C
Year Built
1992
Buildings
1
Stories
3
Lot Size (sq. ft)
58,370 SF
Units
3

Location Insight

City
Hollins
County
Roanoke
State
Virginia
Latitude
37.336078839965
Longitude
-79.973292730354
5427 Peters Creek Rd, Hollins, Virginia

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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.
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 unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5427 Peters Creek Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message