30 Campbell Ave SW - Office FOR SALE


Roanoke, VA 24011- Downtown Roanoke City
$625,000 USD
704-777-1745
30 Campbell Ave SW, Roanoke, VA for Sale
$625,000 USD
Office - FOR SALE
1/6
null | Request Cap Rate

30 Campbell Ave SW
Roanoke, VA 24011
Downtown Roanoke City


HIGHLIGHTS

  • Prime downtown Roanoke location with excellent visibility and walkability
  • Directly across from The Bower, a 90-unit residential development completed in 2024
  • Historic 3-story building with exposed brick, elevator, and dry sprinkler system
  • Located in an Opportunity Zone with potential for Historic Tax Credits and tax abatement
  • Open floor plan ideal for retail, office, or creative use
  • Surrounded by ample street and garage parking options

OVERVIEW

Positioned in the heart of downtown Roanoke, 30 Campbell Avenue offers a rare opportunity to acquire a character-rich, three-story commercial building with historic charm and modern potential. Built in 1912 and featuring exposed brick walls, an elevator, and a dry sprinkler system, the property blends architectural authenticity with functional infrastructure. Its open floor plan and flexible layout make it ideal for retail, creative office, or mixed-use conversion. The building sits directly across from The Bower, a newly completed 90-unit residential development, enhancing foot traffic and neighborhood vibrancy. With convenient access to street parking, nearby surface lots, and municipal garages, the location supports both customer and employee accessibility. As part of an approved Opportunity Zone, the property offers significant tax advantages, including eligibility for Historic Tax Credits and local real estate tax abatement programs. Additional incentives may be available through Virginia Housing initiatives aimed at promoting affordable housing.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$93 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Pete Smith Theater Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,374 SF

ZONING

D

APN/PARCEL ID

101-1703

ASK ABOUT THIS PROPERTY

Jennifer CootsCushman & Wakefield | ThalhimerMore Info
704-777-1745

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Jennifer CootsCushman & Wakefield | ThalhimerMore Info
704-777-1745

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