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1818 Centre Ave NW 8,139 SF 100% Leased Industrial Building Roanoke, VA 24017 $675,000 ($82.93/SF)

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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.

PROPERTY FACTS

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
221-2404
Land Assessment
$38,100
Improvements Assessment
$399,700
Total Assessment
$437,800
  • Listing ID: 39212150

  • Date on Market: 1/26/2026

  • Last Updated:

  • Address: 1818 Centre Ave NW, Roanoke, VA 24017

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