Share This Listing

Message

959 characters remaining

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

Your email has been sent.

4160 Melrose Ave NW
Roanoke, VA 24017
Retail Property For Sale

Save this listing!

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

INVESTMENT HIGHLIGHTS

  • + Excellent visibility along busy retail artery in Roanoke, Virginia
  • + Former Family Dollar prototype – 120’ x 70’ with 180' of Frontage along Melrose Ave NW
  • + Situated near Roanoke Country Club and Hershberger Ave connecting to Interstate 581 and Valley View Mall
  • + 8,316 SF space available on 0.84 acres
  • + Situated just west of the intersection of Melrose Ave NW and Peters Creek Blvd
  • + Zoning: Commercial - General (CG)

EXECUTIVE SUMMARY

Former Family Dollar with prototypical floorplan (120' x 70') building built in 2013 available For Sale.
+ Excellent visibility along busy retail artery in Roanoke, Virginia
+ 8,316 SF space available
+ Former Family Dollar prototype – 120’ x 70’
+ Situated just west of the intersection of Melrose Ave NW and Peters Creek Blvd
+ Situated near Roanoke Country Club and Hershberger Ave connecting to Interstate 581 and Valley View Mall
+ Size: 0.84 acres
+ $700,000 sale price, $11.00 PSF NNN lease rate
+ Zoning: Commercial - General (CG)
+ 180’ of frontage along Melrose Ave NW
+ Access: Full access along Melrose Ave NW and full movement via lighted intersection through the Roanoke – Salem Business Center parking lot
+ Utilities on-site
+ 31 parking spaces
+ Price: Call Agent

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,316 SF
Building Class
C
Year Built
2013
Price
$965,251 CAD
Price Per SF
$116.07 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.84 AC
Zoning
CG - Roanoke City zoning CG - Commercial General
Parking
31 Spaces (3.73 Spaces per 1,000 SF Leased)
Frontage
180’ on Melrose Ave NW

AMENITIES

  • Bus Line
  • Pylon Sign
  • Security System
  • Signage
  • Signalized Intersection
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
276-1703
Land Assessment
$272,049 CAD
Improvements Assessment
$676,753 CAD
Total Assessment
$948,801 CAD
  • Listing ID: 30054653

  • Date on Market: 2023-11-14

  • Last Updated:

  • Address: 4160 Melrose Ave NW, Roanoke, VA 24017

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") }}