601 Marshall Ave SW
Roanoke, VA 24016
Downtown Mixed-Use Building-Office/Apartments · Office Property For Sale

This mixed-use downtown building offers lots of potential with flexible downtown zoning that permits a wide variety of commercial, residential, and retail uses. Currently, the lower floor features +/- 2,000 SF of exceptionally well appointed office space complete with a large conference room with great natural lighting, a full kitchenette, and a full bath and a half. Finishes include attractive stained concrete, original hardwood floors, and granite countertops in the kitchenette and bath. The space is a mix of open work space with multiple large, demised offices and several smaller ones. The remaining +/- 1,200 SF of the lower level is currently being used as unfinished storage space, offering good upside and redevelopment potential to expand the existing office or create another separately demised suite. This area already features independent access with a door at street level on 6th street. The upper level features three 2BR/1BA apartments, one of which is currently being used as overflow office space by the owner. All three have tons of original building charm and have been tastefully remodeled with refinished hardwood floors, updated kitchens, and new bath fixtures. There is a shared laundry facility in a common hallway. As a true mixed use building, the property offers great potential for owner occupants and investors alike with office, retail, multifamily, short term rentals, and live-work space representing just a few of the many possibilities.