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Highlights

  • 4,762 total square feet across 4 adaptable unit configurations
  • Three ~825 SF units and one ~2,200 SF unit
  • Land Value: $47,400.00 | Improvement Value: $109,500.00 | Total Value: $156,900.00

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 825-4,800 SF
  • Negotiable
  • $9.75 CAD/SF/YR $0.81 CAD/SF/MO $46,815 CAD/YR $3,901 CAD/MO
  • Flex
  • -
  • 2026-09-16

4,762 total square feet across 4 adaptable unit configurations Three ~825 SF units and one ~2,200 SF unit Separated by structural brick firewalls for sound control and privacy Private restroom located within each individual unit Dedicated heating source per unit CN Zoning allowing for office, retail, workshop, studio, restaurant, or community service uses 100 feet of direct street frontage along Melrose Ave NW RFP deadline for proposals: September 18th, 2026

Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 825-4,800 SF Negotiable $9.75 CAD/SF/YR $0.81 CAD/SF/MO $46,815 CAD/YR $3,901 CAD/MO Flex - 2026-09-16

1st Floor

Size
825-4,800 SF
Term
Negotiable
Rental Rate
$9.75 CAD/SF/YR $0.81 CAD/SF/MO $46,815 CAD/YR $3,901 CAD/MO
Space Use
Flex
Build-Out
-
Available
2026-09-16

1st Floor

Size 825-4,800 SF
Term Negotiable
Rental Rate $9.75 CAD/SF/YR
Space Use Flex
Build-Out -
Available 2026-09-16

4,762 total square feet across 4 adaptable unit configurations Three ~825 SF units and one ~2,200 SF unit Separated by structural brick firewalls for sound control and privacy Private restroom located within each individual unit Dedicated heating source per unit CN Zoning allowing for office, retail, workshop, studio, restaurant, or community service uses 100 feet of direct street frontage along Melrose Ave NW RFP deadline for proposals: September 18th, 2026

Property Overview

Located in Northwest Roanoke, the historic Melrose Hardware building presents a versatile commercial lease opportunity for businesses and organizations seeking character, convenience, and customizable space. Situated on a 0.321-acre corner lot at Melrose Ave NW and 23rd St, this iconic single-story property offers prime neighborhood visibility and flexible layout options tailored to support active, community-oriented operators, creative enterprises, and professional services. The interior structure is divided by solid brick firewalls into four distinct units, including three individual units of approximately 825 square feet each and one larger unit of approximately 2,200 square feet. Units can be leased individually or combined to accommodate footprints ranging from 825 SF up to 4,800 SF. Each space is equipped with its own private restroom and dedicated heating source. Ownership is accepting proposals through September 18th, offering an attractive base rent of $7.00/SF with flexibility on tenant build-out allowances and custom lease terms.

Property Facts

Building Size
4,800 SF
Lot Size
0.32 AC
Year Built
1937
Zoning
CN
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
  • Listing ID: 41636021

  • Date on Market: 2026-08-10

  • Last Updated:

  • Address: 2302 Melrose Ave NW, Roanoke, VA 24017

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