2711 FRANKLIN RD SW 2711, 2613, Roanoke, VA 24014 (MLS# 800860)


$3,100,000
2711 FRANKLIN RD SW 2711, 2613
Roanoke, VA 24014
MLS# 800860



2711 Franklin Aerial
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2711 Franklin Aerial Map copy

Property Description
4.6+/- acres with 415' road frontage on Franklin Road. Improvements include a 19,041 SF auto dealership building, scheduled to revert to seller's ownership at end of existing lease, and an 8,924 SF office and showroom building. Cell tower on site generates additional long term income. Highly visible! Only 0.4 mile to I-581 interchange. Convenient to Downtown and medical complex at Riverside.

Details
Maps
General Property Description
Lot Dimensions: 4.6 Acres
Construction Status: Completed
Total Acreage: 4.6
Road Frontage: 415
Traffic Count: 17000
Flood Area: Yes
On site Parking: Yes
Basement Y/N: No
Parking Spaces: 300
Water Class: N/A
Gross Building SqFt: 27965
Lease Available: No
Year Built: 1959
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Unit #: 2711, 2613
Tax ID: 1280617, 1280604, 1280615
Annual Taxes: 18591
Zoning Code: CG
Area: 0130 - City of Roanoke - SW
Street Number: 2711
Street Name: FRANKLIN
Street Suffix: RD
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24014
Municipality: City of Roanoke
Remarks & Misc
Directions: From I-581, take Wonju Street Exit to Franklin Road. Go Right on Franklin, approximately 0.3 mile to property on the right.
Limited Service
Not Limited Service: 1
Commercial Type
Investment: 1
Retail: 1
Business Type
Type of Business (Historical Field): Car dealership
Sale Includes
Building & Land: 1
Heating
Natural Gas: 1
Cooling
Electric: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Floors
Concrete: 1
Topography
Level: 1
Contract Information
Current Price: $3,100,000
Sold Price: $3,100,000
List Date: 2014-02-21
Status: Closed
Status Change Info
Ratified Contract Dt: 2014-12-23
Sold Date: 2015-05-20
Sold Price: $3,100,000
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment; Retail
Sale Includes: Building & Land
Heating: Natural Gas
Cooling: Electric
Floors: Concrete
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Public Sewer
Topography: Level
Supplements
Currently leased to Haley Toyota, planning to relocate within approximately 18 months. Located with Enterprise Zone 1A,a n zoned CG - Commercial General.

Listing Office: WALDVOGEL COMMERCIAL PROPERTIES

Last Updated: September - 15 - 2024

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