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Commercial Opportunity in Grandin on Memorial 1911 Memorial Ave SW 2,904 SF Office Building Roanoke, VA 24015 $395,000 ($136.02/SF)



INVESTMENT HIGHLIGHTS
- Grandin Village location
- Located next to Virginia Heights Elementary
- Heavy daytime vehicle traffic
EXECUTIVE SUMMARY
PRICE REDUCED!!! First time available in over 20 years! Rare and unique opportunity to own a commercial property in Grandin - Raleigh Court neighborhood adjacent to Virginia Heights Elementary School on Memorial Ave SW. The property is situated above Memorial offering great visibility with off-street parking and access around back off Denniston Ave SW. The front has a nice deck for seating and enjoying the daily traffic flow. Lots of windows allowing natural light. The main level offers nicely sized rooms along with a bathroom and kitchen. Upstairs offers three bedrooms and a full bathroom. The roof is mostly architectural shingles but a portion of the roof has a rubber membrane.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
2,904 SF
Building Class
B
Year Built
1925
Price
$395,000
Price Per SF
$136.02
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,452 SF
Building FAR
0.44
Lot Size
0.15 AC
Zoning
CN - Commercial Neighborhood
Parking
3 Spaces (1.03 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Reception
- Outdoor Seating
- Air Conditioning
1 1
Walk Score®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | 1330302 | Improvements Assessment | $214,300 |
| Land Assessment | $67,200 | Total Assessment | $281,500 |
PROPERTY TAXES
Parcel Number
1330302
Land Assessment
$67,200
Improvements Assessment
$214,300
Total Assessment
$281,500
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Commercial Opportunity in Grandin on Memorial | 1911 Memorial Ave SW
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