Roanoke, VA 24018
MLS# 855090
Property Description
MAJOR PRICE REDUCTION: 100% occupied commercial investment opportunity located on Brambleton Avenue SW surrounded by some of the most affluent neighborhoods in Roanoke. The building has been well maintained & was substantially renovated in 2006, including a new architectural shingle roof, fully weatherized vinyl soffits, new gutters, updated wiring, & more. The current tenant mix includes medical office, salon, & traditional office space. Most of the tenants have occupied the property for at least 10 years, & one has continuously occupied the property since 1981. All utilities are separately metered, creating ease of management & low overhead. Now offered at an attractive 9.86% CAP Rate, which includes a 5.00% allowance and 5.00% in funded reserves.
Last Updated: December - 27 - 2024
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