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Nelson Building in Historic Market Area 12 Campbell Ave SE

4,230 SF Retail Building Roanoke, VA 24011 $1,088,627 CAD ($257 CAD/SF)

Investment Highlights

  • Prime Historic Market Location in Downtown Roanoke
  • High Foot Traffic Area
  • Extensively Renovated in 2008

Executive Summary

Prime location in the heart of the historic City Market District in Downtown Roanoke. This building is currently being used for retail but zoning allows for a multiple of uses from office to residential. Over 2,500 residents call the downtown area home with virtually every older office building converted to condominiums and apartments. Several hotels serve the downtown area including the historic Hotel Roanoke,
all offering over 500 guest rooms. Downtown Roanoke, the hub of life in the Greater Roanoke Valley offers numerous events throughout the year drawing tens of thousands into the downtown area. If you are looking for a vibe unlike any other, this is it.
This wonderful building constructed in 1905 was completely renovated in 2008 to far surpass its original condition. Combining original features with modern conveniences the 2008 renovation included a completely new floor system, new storefront glass, new wide stairway to the second floor, new HVAC systems as well as electrical.
The main level boast a large retail area, two ADA compliant restrooms, kitchen and second rear staircase to the 2nd floor. The second level is accessed by a wide front staircase and offers a large room overlooking Campbell Avenue as well as large storage room.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,230 SF
Building Class
B
Year Built/Renovated
1905/2007
Price
$1,088,627 CAD
Price Per SF
$257 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.94
Land Acres
0.05 AC
Opportunity Zone
Yes
Zoning
D - Downtown allows for both office, retail and residential
Frontage
26 ft on E Campbell Ave

Amenities

  • Bus Line
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4010308
Land Assessment
$146,190 CAD
Improvements Assessment
$669,886 CAD
Total Assessment
$816,076 CAD
  • Listing ID: 32377638

  • Date on Market: 2024-07-08

  • Last Updated:

  • Address: 12 Campbell Ave SE, Roanoke, VA 24011

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