540-357-2084
120 Salem Ave SW, Roanoke, VA for Rent

$10.00 USD /SF/yr

Office/Retail - For Rent
1/53
32,000 SF | 1 Space

120 Salem Ave SW
Roanoke, VA 24011
Downtown Roanoke City


HIGHLIGHTS

  • Proximity to Virginia Tech Carilion & Fralin Biomedical Research Institute (˜1 mile)
  • Brick & Glass Façade with authentic industrial architecture
  • 32,000± SF across 2 stories + mezzanine, ideal for mixed-use redevelopment
  • Super Heavy Power: ~3 MW electrical capacity
  • Enterprise Zone and City Incentives – state and local redevelopment tax credits available

OVERVIEW

Development & Adaptive Reuse Potential Creative Office Conversion: bright, open spaces with exposed materials and mezzanine lounges Innovation or Research Hub: suitable for tech, data, or biotech operations Brewery / Taproom Destination: indoor-outdoor capacity with authentic industrial shell Urban Loft Redevelopment: high-ceiling residential units with skyline views Civic or Cultural Hub: event space, gallery, or nonprofit/education use Location Advantages In the heart of Roanoke’s urban core, surrounded by 60+ restaurants and shops Walkable to municipal and healthcare campuses Mountain and skyline views of the Blue Ridge from upper levels Regional Reach: 194 mi to Charlotte | 251 mi to Washington DC | 403 mi to Philadelphia | 430 mi to Atlanta Ideal For Developers seeking adaptive reuse or mixed-use repositioning Tech, creative, or biomedical tenants requiring power + proximity to Carilion & VT Hospitality or brewery operators seeking iconic downtown architecture Civic or institutional users expanding community-facing program Recreation, Pickleball , Climbing Gym Use

RENTAL DETAILS

SPACE AVAILABLE

32,000 SF

# OF SPACES

1

RENT/MONTH

$26,667 USD /mo

RENT RATE (MO)

$0.83 USD /SF/mo

RENT RATE (YR)

$10.00 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

48,162 SF

YEAR BUILT

1991

UTILITIES

-

CLEAR CEILING HT

42 Ft

DOCKS

2

DRIVE INS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

D

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Carmen ElliottElliott Inc.More Info
540-357-2084

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Carmen ElliottElliott Inc.More Info
540-357-2084

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.