10 Church AveRoanoke, VA 24011

Property Details for 10 Church Ave

Year built

1910

Construction

TYPE NOT SPECIFIED

Lot size

0.11 AC

Property size (Sq ft)

19,910 SF

Zone code

D

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

401-1307

APU

4011307

Description

This 20,000 square foot, four-story office building, located at 10 East Church Avenue SE in Roanoke, Virginia, presents a unique opportunity. Built in 1910 and renovated in 2001, this property boasts a prime downtown location between Market Street and Jefferson Street, offering easy access to Roanoke's vibrant city center. The building is zoned D: Downtown and features a variety of office spaces, including traditional, executive, coworking, and creative office options to suit diverse business needs. Amenities include a kitchenette, a furnished conference room for second-floor tenants, a reservable executive boardroom, and separate men's and women's restrooms. The building offers limited bandwidth internet access, with high-speed broadband options available through various providers. A full-service lease includes utilities, electricity, heating, and air conditioning. Convenient garage parking is accessible through Park Roanoke. The 0.113-acre site includes one elevator. This property is ideal for businesses seeking a blend of historic charm and modern convenience in a thriving urban setting. The building's multiple tenancy structure provides flexibility for various business sizes and configurations.

• CAP approach

  CAP return

  Valuation

  6%

  $2,708,607

  6.5%

  $2,500,253

  7%

  $2,321,664

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,917,214

  Geo Method

  $7,083,719

• Alternative Use

  Use

  Valuation

  Residential

  $2,500,253

  Hospitality

  $2,290,218

  Educational

  $1,905,435

  Medical

  $1,970,966

  Retail

  $2,964,010

Location Insight

City

Roanoke

County

Roanoke City

State

Virginia

Latitude

37.2708

Longitude

-79.9401

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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