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Red Roof Outlet 602 E Lee Hwy 1,120 SF 100% Leased Retail Building Wytheville, VA 24382 $262,928 CAD ($234.76 CAD/SF)


Investment Highlights
- Historic three-story office building situated in the Pulaski downtown core.
- Off-street parking available on-site for tenants and visitors.
- Positioned near municipal offices, retail, and other professional service firms.
- Includes an operational elevator and HVAC service across all floors.
- Rapid access to U.S. Route 11 and approximately 6 miles from Interstate 81.
Executive Summary
202 N Washington Avenue presents a rare opportunity to acquire a historic multi-story office building in the heart of Pulaski, Virginia. Spanning over 21,000 square feet, this property sits on a combined 0.67-acre parcel and benefits from municipal zoning (PB3), allowing for a wide range of commercial uses. The structure offers off-street parking, three full floors served by a functioning elevator, and heating and air conditioning throughout. Current tenancy is on a month-to-month basis, offering flexibility for repositioning as an owner-user, investor property, or redevelopment opportunity.
Located within the Pulaski downtown business district, the property is easily accessible from major corridors including U.S. Route 11 and within proximity to I-81, connecting the area to Blacksburg, Christiansburg, and the greater New River Valley. Its location places it near government offices, legal support services, and key community amenities. With its distinctive architecture and substantial square footage, the property provides scalability for office, civic, or creative space users seeking a central setting within a growing regional economy.
Located within the Pulaski downtown business district, the property is easily accessible from major corridors including U.S. Route 11 and within proximity to I-81, connecting the area to Blacksburg, Christiansburg, and the greater New River Valley. Its location places it near government offices, legal support services, and key community amenities. With its distinctive architecture and substantial square footage, the property provides scalability for office, civic, or creative space users seeking a central setting within a growing regional economy.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,120 SF
Building Class
C
Year Built
2010
Price
$262,928 CAD
Price Per SF
$234.76 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
0.24 AC
Opportunity Zone
Yes
Frontage
100’ on E Lee Hwy
Amenities
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Not walkable
10/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 042-002-0000-0053 | Improvements Assessment | $60,455 CAD |
| Land Assessment | $43,851 CAD | Total Assessment | $104,306 CAD |
Property Taxes
Parcel Number
042-002-0000-0053
Land Assessment
$43,851 CAD
Improvements Assessment
$60,455 CAD
Total Assessment
$104,306 CAD
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Red Roof Outlet | 602 E Lee Hwy
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