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

Investment Highlights

  • Central, high-traffic location
  • First floor available for occupancy July 1, 2026
  • Fully sprinklered throughout
  • Convenient to I-581, I-81 and Roanoke-Blacksburg Regional Airport
  • Second floor 2bd/2bth Residential unit nicely renovated in 2021
  • Existing freight elevator

Executive Summary

Strategically positioned in the midst of vibrant Downtown Roanoke, this two-unit, fully sprinklered 4,400 SF building seamlessly blends historic charm with modern convenience and presents an exceptional opportunity for investors. As Downtown Roanoke is home to more than 900 businesses and 2600 residents, 22 Campbell Avenue SE is accessible and highly visible. The glass-front first floor is configured as a street-level retail space that includes a half restroom and is available for occupancy as of July 1, 2026.
The second floor has been renovated into an attractive, modern 2bd/2bth residence (2021) and is immediately available for occupancy. Recessed lighting, granite and hardwoods throughout, with the potential to develop a rooftop deck. Striking large windows overlook Campbell Avenue and flood the main living area with ambient light. Each spacious bedroom features an en suite full bathroom, and generous closet space. Preferential parking available through PARK Roanoke's Residential Parking Programs.
22 Campbell Avenue SE presents a sleek and sophisticated investment prospect for an owner-resident seeking supplemental income to offset living expenses or for anyone looking to diversify a portfolio.
Immersed in a walkable array of local restaurant, retail, and cultural venues, 22 Campbell Avenue's central position in the Historic Roanoke City Market area amplifies its intrinsic curb appeal. Notable nearby destinations include Frankie Rowland's Steakhouse, Alexander's, a variety of ethnic cuisines, independent galleries, The City Market Building, The Taubman Museum of Art, and Elmwood Park.
Immediately across the street lies the iconic Center In the Square, home to the Mill Mountain Theatre, The Science Museum of Western Virginia, Kids Square, Six and Sky Roof Top Grille and other attractions.
A few paces beyond Center in the Square, the vendors of the beloved Farmers Market line the covered walkway of Market Square to offer locally grown fruits, vegetables, flowers, plants, meats, cheeses, baked goods, and hand-crafted items.
In every direction, a pulsing, vital downtown ecosystem beckons and promises to support 22 Campbell Avenue's next occupants.
Convenient to I-581 and I-81 and only 10 minutes from the Roanoke-Blacksburg Regional Airport.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,400 SF
Building Class
C
Year Built
1902
Price
$1,109,971 CAD
Price Per SF
$252.27 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
D - Downtown
Frontage
25’ on Campbell Ave SE

Amenities

  • Bus Line

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,632 SF
  • Retail
  • -
  • Jul 2026
Space Size Space Use Position Available
1st Floor 1,632 SF Retail - Jul 2026

1st Floor

Size
1,632 SF
Space Use
Retail
Position
-
Available
Jul 2026
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
Truist
Pinnacle Bank
Pita Pit
First Citizens Bank
Anytime Fitness
Carter Bank & Trust

Property Taxes

Property Taxes

Parcel Number
4010316
Land Assessment
$150,129 CAD
Improvements Assessment
$501,396 CAD
Total Assessment
$651,525 CAD
  • Listing ID: 38442427

  • Date on Market: 2025-11-13

  • Last Updated:

  • Address: 22 Campbell Ave SE, Roanoke, VA 24011

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") }}