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442 Rutherford Ave NE
Roanoke, VA 24016
Modern Office Warehouse | Availalable Now · Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • Class A Office Warehouse
  • Premiere Location and Property Condition
  • Multi-Tenant Possibilities
  • Prestige Building
  • Abundant On-Site Parking

EXECUTIVE SUMMARY

Offered by Matt Huff, CCIM, and Bryan Musselwhite, CCIM, at Poe & Cronk Real Estate Group, this 30,635 modern Office Warehouse building is offered for sale or lease and can be made available immediately.
This Class A facility is 30,635 square feet and comprises ±25,000 SF of office space with a mix of executive and private offices and open cubicle areas. There is a ±5,000 SF high-ceiling warehouse in the rear of the building with a mezzanine storage area and a fenced lot for storage. The warehouse area provides dock high and drive-in doors. The building and property are in excellent condition, including 88 striped parking spaces.
The property is conveniently located just outside Downtown Roanoke, with quick and easy access to all regional areas via adjacent I-581 and Rt. 460 (Orange Ave). Public transportation also serves the site with nearby Valley Metro access points.
Property is short-term leased to The Branch Group, Inc.
Available for lease at $13.50 NNN.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Lease Option
Property Type
Office
Building Size
30,635 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1981
Price
$4,878,741 CAD
Price Per SF
$159.25 CAD
Percent Leased
49%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
30,635 SF
Building FAR
0.34
Lot Size
2.09 AC
Opportunity Zone
Yes
Zoning
CG - Commercial General
Parking
88 Spaces (2.87 Spaces per 1,000 SF Leased)

AMENITIES

  • Fenced Lot
  • Signage
  • Storage Space
  • Secure Storage
  • Yard
  • Monument Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 302-5005
  • 302-5006
Land Assessment
$872,162 CAD
Improvements Assessment
$2,979,207 CAD
Total Assessment
$3,851,369 CAD
  • Listing ID: 28883846

  • Date on Market: 2023-06-29

  • Last Updated:

  • Address: 442 Rutherford Ave NE, Roanoke, VA 24016

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