2945 Orange AveRoanoke, VA 24012

Property Details for 2945 Orange Ave

Year built

1978

Lot size

0.92 AC

Property size (Sq ft)

6,010 SF

Zone code

I-1

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

709-0406

APU

7090406

Description

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.

Location Insight

City

Roanoke

County

Roanoke City

State

Virginia

Latitude

37.2959

Longitude

-79.8992

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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