22 Campbell Ave SE - Storefront Retail/Residential FOR SALE


Roanoke, VA 24011- Downtown Roanoke City
$875,000 USD
540-314-1739
22 Campbell Ave SE, Roanoke, VA for Sale
$875,000 USD
Storefront Retail/Residential - FOR SALE
1/37
null | Request Cap Rate

Feb '26


22 Campbell Ave SE
Roanoke, VA 24011
Downtown Roanoke City


HIGHLIGHTS

  • Central, high-traffic location
  • Convenient to I-581, I-81 and Roanoke-Blacksburg Regional Airport
  • Established tenant in first floor Retail unit
  • Second floor 2bd/2bth Residential unit nicely renovated in 2021

OVERVIEW

Strategically positioned in the midst of vibrant Downtown Roanoke, this two unit 4,400 SF building seamlessly blends historic charm with modern convenience and presents an exceptional opportunity for investors. As Downtown Roanoke is home to more than 900 business and 2600 residents, 22 Campbell Avenue SE is accessible and highly visible. The glass-front first floor is configured as a street-level retail space that includes a half bathroom and is leased to The Market Gallery through March 31, 2030. The second floor has been renovated into an attractive, modern 2bd/2bth residence (2021) and will be available for new occupancy as of February 1, 2026. Recessed lighting, granite and hardwoods throughout, with the potential to develop a rooftop deck. Striking large windows overlook Campbell Avenue and flood the main living area with ambient light. Each spacious bedroom is endowed with an en suite full bathroom, and the primary bedroom with a generous closet. Preferential parking available through PARK Roanoke's Residential Parking Programs. Sum total, 22 Campbell Avenue SE presents a sleek and sophisticated investment prospect for an owner-resident seeking a stable, supplemental income to offset living expenses or for anyone looking to diversify a portfolio. **The building does have a functional sprinkler system. Although currently out of service, there is also an existing freight elevator.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1902

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Wall ST

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

D

APN/PARCEL ID

4010316

ASK ABOUT THIS PROPERTY

Krista VannoyWaldvogel Commercial Properties, Inc.More Info
540-314-1739

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Krista VannoyWaldvogel Commercial Properties, Inc.More Info
540-314-1739

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