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2002 Centre Ave - SW Roanoke Industrial Market 12,232 SF Specialty Building Offered at $495,000 in Roanoke, VA 24017



Investment Highlights
- Manufacturing/warehouse owner-occupant opportunity; Zoned I 1 : Light Industrial
- 9,600 SF building on two 4,800 SF levels with 120A, 240V, 3-phase electrical service
- One 10 x 12 drive-in door and three 10 x 10 dock doors
- Located in the Southwest Roanoke Industrial Market and the Roanoke City Enterprise Zone One A
- Fenced parking lot and storage area
- 42" high platform loading dock with canopy
Executive Summary
Introducing a prime owner-occupant opportunity: 2002 Centre Avenue, Roanoke, VA. This property offers a 9,600 SF building on two 4,800 SF floors with exterior building-mounted lighting, and a fenced parking lot and storage yard. The building provides three 10 x 10 dock doors, a 42" high platform loading dock with canopy, and one 10 x 12 drive in door and is served by 120-amp, 240-volt, three-phase electrical service.
Ideal for manufacturing, production, warehouse, or distribution purposes. Built in 1971 and situated in an industrial area with I-1: Light Industrial zoning this building will accommodate a spectrum of business operations. Of note, 2002 Centre Ave lies in an incentivized Enterprise Zone (Zone One A) supported by both the City of Roanoke and the State of Virginia. Please contact the Department of Economic Development for more information on potential grants and benefits.
The Southwest Roanoke Industrial market is bordered on the north by Shenandoah Avenue, a heavily traveled connector roadway linking the cities of Salem and Roanoke. Businesses surrounding 2002 Center Avenue include Butler Parachute Systems, Shenandoah Auto Parts, Skyline Hearth and Fire and a host of others. Average traffic count on Shenandoah approximates 8,000 vehicles per day.
Ideal for manufacturing, production, warehouse, or distribution purposes. Built in 1971 and situated in an industrial area with I-1: Light Industrial zoning this building will accommodate a spectrum of business operations. Of note, 2002 Centre Ave lies in an incentivized Enterprise Zone (Zone One A) supported by both the City of Roanoke and the State of Virginia. Please contact the Department of Economic Development for more information on potential grants and benefits.
The Southwest Roanoke Industrial market is bordered on the north by Shenandoah Avenue, a heavily traveled connector roadway linking the cities of Salem and Roanoke. Businesses surrounding 2002 Center Avenue include Butler Parachute Systems, Shenandoah Auto Parts, Skyline Hearth and Fire and a host of others. Average traffic count on Shenandoah approximates 8,000 vehicles per day.
Property Facts
| Price | $495,000 | Building Class | B |
| Price Per SF | $51.56 | Lot Size | 0.60 AC |
| Sale Type | Investment or Owner User | Building Size | 9,600 SF |
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | Cement/Gravel Plant | Year Built | 1971 |
| Zoning | I-1 - I-1: Light Industrial | ||
| Price | $495,000 |
| Price Per SF | $51.56 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Cement/Gravel Plant |
| Building Class | B |
| Lot Size | 0.60 AC |
| Building Size | 9,600 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Zoning | I-1 - I-1: Light Industrial |
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2310806 | Improvements Assessment | $253,800 |
| Land Assessment | $45,000 | Total Assessment | $298,800 |
Property Taxes
Parcel Number
2310806
Land Assessment
$45,000
Improvements Assessment
$253,800
Total Assessment
$298,800
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