Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

1602 Grandin Rd SW 3,013 SF 33% Leased Office Building Roanoke, VA 24015 $755,913 CAD ($250.88 CAD/SF)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Prominent Grandin Road Corner
  • Paved off street parking
  • Priced to sell
  • Commercial and residential units
  • 2018 modern addition

EXECUTIVE SUMMARY

Sale price has been reduced. Professional medical or office building for sale or for lease in Raleigh Court on Grandin Road. It's the first time this building has been offered for sale in over 30 years. Well maintained property with a 2018 modern addition. Prominent corner with eight off street parking spaces.
The first floor has been occupied by a dentist but can be used for medical or general office space. The second floor has been leased as a two-bedroom residential unit with a separate entrance. The building has approximately 3, 013 square feet plus a usable basement.
The first-floor commercial space includes a spacious reception area and workstation, six treatment rooms or private offices, a handicap restroom, break area, storage and utility rooms.
There are several opportunities to accommodate one's intended use. The current owner will lease the first-floor commercial space. A purchaser can occupy the first floor and lease the second floor or occupy both floors. An investor can purchase the building and lease both floors.
Zooned CN, Commercial Neighborhood. Located at a bus stop. Within a short walk to other retail and commercial businesses in historic Grandin Village.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,013 SF
Building Class
B
Year Built
1934
Price
$755,913 CAD
Price Per SF
$250.88 CAD
Percent Leased
33%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,029 SF
Building FAR
0.41
Lot Size
0.17 AC
Zoning
CN - Commercial Neighborhood.
Parking
8 Spaces (2.66 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Signage
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 2,029 SF
  • Office
  • Full Build-Out
  • Jan 2026

Professional medical or office suite available for lease in Raleigh Court on Grandin Road. Well maintained suite with a 2018 modern addition. Prominent corner location with eight off street parking spaces. The first floor has been occupied by a dentist but can be used for other medical or general office purposes. The first floor has approximately 2,029 square feet plus a usable basement. This commercial space includes a spacious reception area and workstation, six treatment rooms or private offices, a handicap restroom, break area, storage and utility rooms. Tenant is responsible for utilities, interior maintenance, lawncare and snow removal.

Space Size Space Use Condition Available
1st Floor 2,029 SF Office Full Build-Out Jan 2026

1st Floor

Size
2,029 SF
Space Use
Office
Condition
Full Build-Out
Available
Jan 2026

1st Floor

Size 2,029 SF
Space Use Office
Condition Full Build-Out
Available Jan 2026

Professional medical or office suite available for lease in Raleigh Court on Grandin Road. Well maintained suite with a 2018 modern addition. Prominent corner location with eight off street parking spaces. The first floor has been occupied by a dentist but can be used for other medical or general office purposes. The first floor has approximately 2,029 square feet plus a usable basement. This commercial space includes a spacious reception area and workstation, six treatment rooms or private offices, a handicap restroom, break area, storage and utility rooms. Tenant is responsible for utilities, interior maintenance, lawncare and snow removal.

Walk Score®
Very Walkable (78)
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
1331601
Land Assessment
$111,115 CAD
Improvements Assessment
$482,738 CAD
Total Assessment
$593,853 CAD
  • Listing ID: 36632555

  • Date on Market: 2025-07-07

  • Last Updated:

  • Address: 1602 Grandin Rd SW, Roanoke, VA 24015

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}