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4,601 SF Office--Central Location--7.93% Cap 1225-1231 Maple Ave SW 4,601 SF 100% Leased Office Building Roanoke, VA 24016 $1,394,453 CAD ($303.08 CAD/SF) 7.93% Cap Rate



Investment Highlights
- +/-4,600 SF Office Building
- On-Site Parking
- Extremely Well-Located for Medical and General Office
- Two Tenant Building
- Great Basement Storage
- Downtown Zoning District
Executive Summary
Fully leased, nicely finished office building. Centrally located with easy proximity to Downtown Roanoke and Carilion Clinic/Roanoke Memorial Hospital facilities, this property also benefits from a neighborhood setting with on-site and on-street parking. Great opportunity for both investors and occupiers: potential to occupy 3,200 SF medical office suite.
1225 Maple Avenue SW offers a highly convenient Roanoke location near downtown, the Jefferson Street corridor, and major Carilion medical facilities. The property is surrounded by well-established residential and commercial neighborhoods, providing excellent connectivity to area businesses, healthcare destinations, restaurants, services, and, with easy access to US Route 220/I-581, the broader Roanoke Valley. Its central setting makes it an attractive and accessible location for professional, medical, and community-focused office users.
1225 Maple Avenue SW offers a highly convenient Roanoke location near downtown, the Jefferson Street corridor, and major Carilion medical facilities. The property is surrounded by well-established residential and commercial neighborhoods, providing excellent connectivity to area businesses, healthcare destinations, restaurants, services, and, with easy access to US Route 220/I-581, the broader Roanoke Valley. Its central setting makes it an attractive and accessible location for professional, medical, and community-focused office users.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,601 SF
Building Class
B
Year Built/Renovated
1957/2022
Price
$1,394,453 CAD
Price Per SF
$303.08 CAD
Cap Rate
7.93%
NOI
$110,528 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,301 SF
Building FAR
0.35
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
D - Downtown
Parking
20 Spaces (4.35 Spaces per 1,000 SF Leased)
Amenities
- Basement
- Air Conditioning
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 102-3315 | Improvements Assessment | $789,723 CAD |
| Land Assessment | $242,733 CAD | Total Assessment | $1,032,456 CAD |
Property Taxes
Parcel Number
102-3315
Land Assessment
$242,733 CAD
Improvements Assessment
$789,723 CAD
Total Assessment
$1,032,456 CAD
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4,601 SF Office--Central Location--7.93% Cap | 1225-1231 Maple Ave SW
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