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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)

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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
Office/Residential
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
Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1330302
Land Assessment
$67,200
Improvements Assessment
$214,300
Total Assessment
$281,500
  • Listing ID: 35920599

  • Date on Market: 5/20/2025

  • Last Updated:

  • Address: 1911 Memorial Ave SW, Roanoke, VA 24015

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