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- LoopNet Team
120 Salem Ave SW
Roanoke, VA 24011
Property For Lease
·
53,787 SF

Highlights
- Proximity to Virginia Tech Carilion & Fralin Biomedical Research Institute (˜1 mile)
- 32,000± SF across 3 stories + mezzanine, ideal for mixed-use redevelopment
- Enterprise Zone and City Incentives – state and local redevelopment tax credits available
- Brick & Glass Façade with authentic industrial architecture
- Super Heavy Power: ~3 MW electrical capacity
About the Property
Development & Adaptive Reuse Potential Creative Office Conversion: bright, open spaces with exposed materials and mezzanine lounges Innovation or Research Hub: suitable for tech, data, or biotech operations Brewery / Taproom Destination: indoor-outdoor capacity with authentic industrial shell Urban Loft Redevelopment: high-ceiling residential units with skyline views Civic or Cultural Hub: event space, gallery, or nonprofit/education use Location Advantages In the heart of Roanoke’s urban core, surrounded by 60+ restaurants and shops Walkable to municipal and healthcare campuses Mountain and skyline views of the Blue Ridge from upper levels Regional Reach: 194 mi to Charlotte | 251 mi to Washington DC | 403 mi to Philadelphia | 430 mi to Atlanta Ideal Fordevelopers seeking adaptive reuse or mixed-use repositioning Tech, creative, or biomedical tenants requiring power + proximity to Carilion & VT Hospitality or brewery operators seeking iconic downtown architecture Civic or institutional users expanding community-facing program Recreation, Pickleball , Climbing Gym Use
Property Facts
| Property Type | Specialty | Year Built | 2003 |
| Building Size | 53,787 SF |
| Property Type | Specialty |
| Building Size | 53,787 SF |
| Year Built | 2003 |
Attachments
| 120 SALEM AVE OM 2025 |
Listing ID: 38108046
Date on Market: 10/16/2025
Last Updated:
Address: 120 Salem Ave SW, Roanoke, VA 24011
The Downtown Roanoke City Specialty Property at 120 Salem Ave SW, Roanoke, VA 24011 is no longer being advertised on LoopNet.com. Contact Elliott Inc. for information on availability.
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