120 Salem Ave SW
Roanoke, VA 24011
Specialty Property For Sale
·
53,787 SF
Investment Highlights
- This property has direct access to I-581.
- There is great volume of space for users requiring high ceilings or to create additional square footage.
- This is a highly visible and accessible location.
- Rooftop areas and huge windows offer panoramic views.
Property Facts
| Property Type | No. Stories | 3 | |
| Building Class | B | Year Built | 2003 |
| Lot Size | 1.17 AC | Parking Ratio | 0.84/1,000 SF |
| Building Size | 53,787 SF | ||
| Zoning | D - Downtown commercial | ||
| Property Type | |
| Building Class | B |
| Lot Size | 1.17 AC |
| Building Size | 53,787 SF |
| No. Stories | 3 |
| Year Built | 2003 |
| Parking Ratio | 0.84/1,000 SF |
| Zoning | D - Downtown commercial |
About 120 SALEM AVE SW , ROANOKE, VA 24011
Waldvogel Commercial Properties, Inc. is pleased to offer for sale this 48,162 +/- SF building on 1.17 acre lot at a prominent corner in Downtown Roanoke. The property was developed in 2003 to house a state-of-the-art printing press for the regional newspaper. Construction is a heavy-duty steel and concrete facility with attractive brick and glass facade. This is an incredible adaptive re-use opportunity to convert a new construction property with significant infrastructure to a retail, office, entertainment, hospitality or mixed use facility. The property is zoned D (Downtown) which is a commercial zoning specific to Roanoke's Central Business District. The building systems include HVAC throughout, combination wet/dry sprinkler systems, four-stop freight elevator, and heavy power. The property includes a parking lot and a stunning glass and steel pedestrian walkway which spans 2nd Street. The building footprint is approximately 26,700 SF and second floor features soaring 42' ceilings.
Property Taxes
| Parcel Number | 101-1001 | Improvements Assessment | $842,600 |
| Land Assessment | $1,515,100 | Total Assessment | $2,357,700 |
Property Taxes
