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1602 Grandin Rd SW 3,013 SF 33% Leased Office Building Roanoke, VA 24015 $549,000 ($182.21/SF)
INVESTMENT HIGHLIGHTS
- Prominent Grandin Road Corner
- Paved off street parking
- Priced to sell
- Commercial and residential units
- 2018 modern addition
EXECUTIVE SUMMARY
The first floor has been occupied by a dentist but can be used for medical or general office space. The second floor has been leased as a two-bedroom residential unit with a separate entrance. The building has approximately 3, 013 square feet plus a usable basement.
The first-floor commercial space includes a spacious reception area and workstation, six treatment rooms or private offices, a handicap restroom, break area, storage and utility rooms.
There are several opportunities to accommodate one's intended use. The current owner will lease the first-floor commercial space. A purchaser can occupy the first floor and lease the second floor or occupy both floors. An investor can purchase the building and lease both floors.
Zooned CN, Commercial Neighborhood. Located at a bus stop. Within a short walk to other retail and commercial businesses in historic Grandin Village.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Signage
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Professional medical or office suite available for lease in Raleigh Court on Grandin Road. Well maintained suite with a 2018 modern addition. Prominent corner location with eight off street parking spaces. The first floor has been occupied by a dentist but can be used for other medical or general office purposes. The first floor has approximately 2,029 square feet plus a usable basement. This commercial space includes a spacious reception area and workstation, six treatment rooms or private offices, a handicap restroom, break area, storage and utility rooms. Tenant is responsible for utilities, interior maintenance, lawncare and snow removal.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 2,029 SF | Office | Full Build-Out | Jan 2026 |
1st Floor
| Size |
| 2,029 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Jan 2026 |
1st Floor
| Size | 2,029 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Jan 2026 |
Professional medical or office suite available for lease in Raleigh Court on Grandin Road. Well maintained suite with a 2018 modern addition. Prominent corner location with eight off street parking spaces. The first floor has been occupied by a dentist but can be used for other medical or general office purposes. The first floor has approximately 2,029 square feet plus a usable basement. This commercial space includes a spacious reception area and workstation, six treatment rooms or private offices, a handicap restroom, break area, storage and utility rooms. Tenant is responsible for utilities, interior maintenance, lawncare and snow removal.
PROPERTY TAXES
| Parcel Number | 1331601 | Improvements Assessment | $350,600 |
| Land Assessment | $80,700 | Total Assessment | $431,300 |
PROPERTY TAXES
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1602 Grandin Rd SW
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