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Investment Highlights
- Located within the Lewis Gale Medical Center complex, suitable for medical or professional office use.
- Exceptional on-site parking ratio of 5.75 spaces per 1,000 square feet for staff and visitors.
- Three separate suites offering income-generating potential for owner-occupants or investors.
- Convenient access to Route 419, Interstate 81, and the greater Roanoke Valley corridor.
Executive Summary
This building offers three separate office/medical suites in the Lewis Gale Medical Center complex. The HBD (Highway Business District) zoning offers a myriad of uses that are by-right. Exceptional on-site parking with 5.75 spaces per 1,000 square feet. A rare investment opportunity for an owner occupant to occupy one suite and lease out the other two suites for additional income.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,000 SF
Building Class
B
Year Built
1974
Price
$699,500
Price Per SF
$174.88
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,000 SF
Building FAR
0.17
Lot Size
0.55 AC
Zoning
HBD - Highway Business District
Parking
24 Spaces (6 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 282-3-1 | Improvements Assessment | $478,800 |
| Land Assessment | $178,500 | Total Assessment | $657,300 |
Property Taxes
Parcel Number
282-3-1
Land Assessment
$178,500
Improvements Assessment
$478,800
Total Assessment
$657,300
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