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


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
+ 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
Property Type
Retail
Property Subtype
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
| Parcel Number | 276-1703 | Improvements Assessment | $676,753 CAD |
| Land Assessment | $272,049 CAD | Total Assessment | $948,801 CAD |
PROPERTY TAXES
Parcel Number
276-1703
Land Assessment
$272,049 CAD
Improvements Assessment
$676,753 CAD
Total Assessment
$948,801 CAD
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