601 Marshall Ave SW | Roanoke, VA 24016
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- LoopNet Team
601 Marshall Ave SW
Roanoke, VA 24016
Office Property For Sale
INVESTMENT HIGHLIGHTS
- 6,475 SF well-maintained brick building with new roof in 2019.
- Three two-bedroom, one-bath apartments on the upper level for immediate cash flow with upside potential.
- Large 1,500 SF unfinished basement area for additional storage.
- Approximately 2,000 SF of executive office space at entry level that was extensively renovated in 2009.
- Approximately 1,200 SF of unrenovated entry level space, offering a future redevelopment opportunity.
- Downtown (D) zoning offers maximum flexibility for a wide variety of residential, retail, and office uses.
PROPERTY FACTS
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,475 SF
Building Class
C
Year Built/Renovated
1957/2009
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,238 SF
Building FAR
1.49
Lot Size
0.10 AC
Zoning
D - it allows for residential buildings, businesses, and potentially other uses like government buildings or cultural facilities
PROPERTY TAXES
| Parcel Number | 1113317 | Improvements Assessment | $311,100 |
| Land Assessment | $21,800 | Total Assessment | $332,900 |
PROPERTY TAXES
Parcel Number
1113317
Land Assessment
$21,800
Improvements Assessment
$311,100
Total Assessment
$332,900
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