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116 N Jefferson St
Roanoke, VA 24016
Stone Printing Building · Office Property For Sale
Investment Highlights
- ±2 levels of open, flexible office space
- High ceilings and large floor-plates for adaptable layouts
- Strong potential for redevelopment
- 54 onsite parking spaces
- Prime location across from Hotel Roanoke and next to Roanoke Higher Education Center
- Immediate access to downtown amenities, lodging, and transportation
Executive Summary
Presented exclusively for sale by Nick Henritze, Will Henritze, Evan Zachmann, and Stephen Pendergrass of Poe & Cronk Real Estate Group - 116 N Jefferson St, the Stone Building, is positioned directly across from the Hotel Roanoke and adjacent to the Roanoke Higher Education Center. The Stone Building measures 48,000 SF on two levels with 54 parking spaces.
This two-level property features ground level entry on each level, and expansive open floor plans with high ceilings. Currently configured as open office space, the building is well-suited for a call center operation, professional office use, or collaborative work hub. The property’s “vanilla shell” condition makes it an excellent opportunity for a creative build-out. Redevelopment uses could include a residential, mixed-use, or hotel concept.
Its prominent location offers a wide range of desirable amenities nearby. This includes diverse restaurants, entertainment venues, retail storefronts, and a steady daytime population, all within a short walk from the Stone Building.
This two-level property features ground level entry on each level, and expansive open floor plans with high ceilings. Currently configured as open office space, the building is well-suited for a call center operation, professional office use, or collaborative work hub. The property’s “vanilla shell” condition makes it an excellent opportunity for a creative build-out. Redevelopment uses could include a residential, mixed-use, or hotel concept.
Its prominent location offers a wide range of desirable amenities nearby. This includes diverse restaurants, entertainment venues, retail storefronts, and a steady daytime population, all within a short walk from the Stone Building.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
48,000 SF
Building Class
B
Year Built
1910
Percent Leased
Vacant
Building Height
2 Stories
Typical Floor Size
24,000 SF
Building FAR
0.96
Lot Size
1.15 AC
Opportunity Zone
Yes
Zoning
D - Downtown
Parking
54 Spaces (1.13 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Central Heating
- Fully Carpeted
- High Ceilings
- Wi-Fi
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 2013009 | Improvements Assessment | $5,926,039 CAD |
| Land Assessment | $1,423,541 CAD | Total Assessment | $7,349,580 CAD |
Property Taxes
Parcel Number
2013009
Land Assessment
$1,423,541 CAD
Improvements Assessment
$5,926,039 CAD
Total Assessment
$7,349,580 CAD
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