525 Orange Ave - Service Station FOR SALE


Roanoke, VA 24016- Williamson Road
$675,000 USD
540-309-3310
525 Orange Ave, Roanoke, VA for Sale
$675,000 USD
Service Station - FOR SALE
1/2
null | Request Cap Rate

525 Orange Ave
Roanoke, VA 24016
Williamson Road


HIGHLIGHTS

  • Located in a federally designated Opportunity Zone
  • ±190 feet of frontage on Orange Avenue with two curb cuts
  • 0.3 miles from Interstate 581 for regional connectivity
  • Surrounded by national retailers and hospitality brands
  • High visibility with 39,000 weekday traffic count
  • Strong demographics with over 143,000 residents nearby

OVERVIEW

Positioned along the high-traffic corridor of Orange Avenue, this 2,200-square-foot free-standing retail building offers a rare opportunity for owner-users or investors seeking visibility and accessibility in the heart of Roanoke. Located just 0.3 miles east of Interstate 581, the property benefits from ±190 feet of frontage and two generous curb cuts, ensuring seamless ingress and egress for customers and deliveries. The site spans 0.43 acres and is zoned CG by the City of Roanoke, supporting a wide range of commercial uses. The property sits within a federally designated Opportunity Zone, presenting potential tax advantages for qualifying buyers. With an annual average weekday traffic count of 39,000 vehicles, the location is primed for retail success. Nearby developments such as Starbucks, Dunkin’ Donuts, and Holiday Inn Express reflect the area’s ongoing commercial momentum. The Berglund Center and Performing Arts Theater are also within close proximity, drawing consistent foot traffic and enhancing the property's appeal. Demographic data reveals a strong consumer base, with over 143,000 residents and 164,000 daytime employees within a five-mile radius. Average household incomes in the area exceed $85,000, supporting a robust retail environment. Built in 1990, the building offers a solid foundation for customization or immediate occupancy.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$307 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

CG

APN/PARCEL ID

3020801

ASK ABOUT THIS PROPERTY

Kent Roberts, CCIMCushman & Wakefield | ThalhimerMore Info
540-309-3310

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Kent Roberts, CCIMCushman & Wakefield | ThalhimerMore Info
540-309-3310

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