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INVESTMENT HIGHLIGHTS
- Flexible three-story office and flex building with finished and shell space for customization
- Includes adjacent single-family structure with redevelopment potential for additional yard space
- Zoned I-1, supporting a wide range of office, industrial, and service-oriented uses
- Basement equipped with roll-up doors and gas heaters, ideal for storage or light industrial use
- Convenient access to Orange Avenue, I-581, and major Roanoke business corridors
EXECUTIVE SUMMARY
1818 Centre Avenue NW presents a versatile office and flex building opportunity in Roanoke, Virginia. This 8,139 SF property is strategically positioned near major thoroughfares, including Orange Avenue and I-581, providing excellent connectivity to the Roanoke metro area and beyond. Built in 2009, the three-story structure offers a combination of finished office space and flexible areas suitable for a range of business operations.
The main level features 1,641 SF of finished office space with three private offices, a kitchen, and a common area, while an additional 1,028 SF remains in shell condition, allowing for custom build-out. The basement is equipped with four 10’x12’ roll-up doors, restroom facilities, and gas heaters, making it ideal for storage, light manufacturing, or service operations. The property also includes an adjacent single-family structure that offers redevelopment potential for additional yard space.
With I-1 zoning, the site supports a variety of office, light industrial, and service-oriented uses. Ample parking, a laydown yard, and proximity to key industrial and commercial hubs enhance its appeal for owner-users or investors seeking a flexible asset in a growing market.
The main level features 1,641 SF of finished office space with three private offices, a kitchen, and a common area, while an additional 1,028 SF remains in shell condition, allowing for custom build-out. The basement is equipped with four 10’x12’ roll-up doors, restroom facilities, and gas heaters, making it ideal for storage, light manufacturing, or service operations. The property also includes an adjacent single-family structure that offers redevelopment potential for additional yard space.
With I-1 zoning, the site supports a variety of office, light industrial, and service-oriented uses. Ample parking, a laydown yard, and proximity to key industrial and commercial hubs enhance its appeal for owner-users or investors seeking a flexible asset in a growing market.
PROPERTY FACTS
| Price | $675,000 | Building Class | C |
| Price Per SF | $82.93 | Lot Size | 0.60 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 8,139 SF |
| Property Type | Industrial | No. Stories | 3 |
| Property Subtype | Showroom | Year Built | 1920 |
| Zoning | I-1 - Light Industrial | ||
| Price | $675,000 |
| Price Per SF | $82.93 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 0.60 AC |
| Rentable Building Area | 8,139 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | I-1 - Light Industrial |
AMENITIES
- Wheelchair Accessible
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PROPERTY TAXES
| Parcel Number | 221-2404 | Improvements Assessment | $399,700 |
| Land Assessment | $38,100 | Total Assessment | $437,800 |
PROPERTY TAXES
Parcel Number
221-2404
Land Assessment
$38,100
Improvements Assessment
$399,700
Total Assessment
$437,800
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1818 Centre Ave NW
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