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15 Salem Ave SW
Roanoke, VA 24011
John Hancock Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Central Location: Strategically positioned within walking distance of fine dining, museums, shopping, banking institutions, and entertainment venues
- High ceilings with exposed brick walls
- Large windows providing lots of natural light
- Elevator Access and ADA-compliant restrooms
- Heavy daytime foot traffic
EXECUTIVE SUMMARY
We're thrilled to present this remarkable three-story building in the heart of Downtown Roanoke, an unparalleled opportunity for an owner-occupant or savvy investor. Its prime location, just steps from the Roanoke City Market Building, places you within easy reach of fine dining, entertainment, museums, banks, and shopping – a truly enviable position in the city's thriving downtown core. This approximately 19,395 square foot building boasts a charming courtyard, two available office spaces, and a vacant residential apartment on the second floor, offering exceptional versatility. ???
Key Features:
Prime Location: Enjoy unparalleled access to the best of Downtown Roanoke's amenities and vibrant atmosphere.
Spacious & Versatile: With three floors and a mix of office and residential space, this property offers exceptional flexibility.
Charming Courtyard: Create a unique outdoor space for relaxation or gatherings.
Modern Amenities: Benefit from updated features such as exposed brick walls, elevator access, and ADA-compliant restrooms.
Recent Upgrades: The property has undergone significant improvements, including a new roof (2017), HVAC upgrades (2018), and energy-efficient LED lighting (2023), ensuring efficiency and low maintenance costs.
Key Features:
Prime Location: Enjoy unparalleled access to the best of Downtown Roanoke's amenities and vibrant atmosphere.
Spacious & Versatile: With three floors and a mix of office and residential space, this property offers exceptional flexibility.
Charming Courtyard: Create a unique outdoor space for relaxation or gatherings.
Modern Amenities: Benefit from updated features such as exposed brick walls, elevator access, and ADA-compliant restrooms.
Recent Upgrades: The property has undergone significant improvements, including a new roof (2017), HVAC upgrades (2018), and energy-efficient LED lighting (2023), ensuring efficiency and low maintenance costs.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
19,395 SF
Building Class
B
Year Built/Renovated
1904/2011
Price
$3,924,136 CAD
Price Per SF
$202.33 CAD
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,465 SF
Building FAR
2.97
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
Downtown - Central Business District
AMENITIES
- Bus Line
PROPERTY TAXES
| Parcel Number | 401-0311 | Improvements Assessment | $2,382,787 CAD |
| Land Assessment | $439,105 CAD | Total Assessment | $2,821,892 CAD |
PROPERTY TAXES
Parcel Number
401-0311
Land Assessment
$439,105 CAD
Improvements Assessment
$2,382,787 CAD
Total Assessment
$2,821,892 CAD
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