Roanoke Industrial for Sale - Southwest Roanoke
The Virginia Can Company Complex is a 46,000 square foot commercial mixed-use facility located in downtown Roanoke, Virginia. Positioned within the city's Innovation Corridor, this historic industrial property offers flexible space configurations ideal for tenants in biotech, healthcare, education, creative industries, and light manufacturing.
PRIME LOCATION
- Adjacent to Carilion Roanoke Memorial Hospital, the Virginia Tech Carilion School of Medicine, and the Fralin Biomedical Research Institute — forming a dynamic hub for healthcare and life sciences.
- Within walking distance of RoVa Labs, Roanoke's new biotech incubator on Jefferson Street opening May 6, 2026 — a $20M+ partnership of Carilion Clinic, Virginia Tech, Virginia Western Community College, the Roanoke Blacksburg Innovation Alliance, and Johnson & Johnson's JLABS virtual residency — designed to support biotech startups and collaborative research.
- Nearby institutions include Radford University Carilion, further reinforcing the area's educational and medical synergy.
- Minutes from downtown Roanoke's restaurants, retail, and cultural destinations, with easy access to I-581 and public transit.
FINANCIAL INCENTIVES & RECOGNITION
- Confirmed NMTC-eligible census tract (51770002600) — 39% federal tax credit over 7 years for qualified investments
- Historic Tax Credits — 20% federal + 25% Virginia state (Historic District designation)
- Virginia Enterprise Zone One A — up to 20% real property investment grants plus job creation grants
- PACE financing available for energy-efficient improvements
- Roanoke ranked #97 on Livability's 2026 Top 100 Best Places to Live — second consecutive year
PROPERTY OVERVIEW
- Total Area: 46,000 SF across multiple floors and wings.
- Zoning: Downtown District (D), permitting a wide range of mixed-use applications with relaxed building code requirements.
- Architecture: Historic brick exterior with industrial character, large windows, and high ceilings — ideal for adaptive reuse and branding.
- Parking: On-site and nearby options available.
- Loading Access: Multiple entry points for deliveries and logistics.
INTERIOR SPACES
- Main Warehouse Hall: Expansive open floor plan with 20+ foot ceilings, exposed beams, and natural light — ideal for light manufacturing, studio work, or collaborative office buildouts.
- Office Suites: Multiple enclosed rooms with flexible layouts, suitable for administrative teams, startups, or private practices.
- Creative Studios: Character-rich spaces with original architectural details, perfect for design firms, makerspaces, or gallery-style retail.
- Upper Floors: Configurable for coworking, educational use, or private offices, with views of the surrounding district.
INNOVATION-READY
With its proximity to Roanoke's leading medical and biotech institutions, the Virginia Can Company Complex is ideally suited for:
- Research labs and wet lab expansion
- Healthcare-adjacent services
- Educational satellite programs
- Creative and tech startups
- Office and warehouse storage
- Retail and residential spaces
- Entertainment venues
- Light industrial or maker operations
