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Two-Unit Mixed-Use Building
For Sale
$799,000

22 Campbell Ave SE, Roanoke, VA 24011

Commercial Sale, Roanoke, VA

Property Size4,400 SF
Lot Size0.05 Acres
Price / SF$181.59
Days on Market299

Property Features for 22 Campbell Ave SE

General Information

Property type Commercial Sale
Property subtype Other
Zoning D-Downtown
Bathrooms 3
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Directions From I-81, take exit 143 onto I-581 S, US-220 S towards Roanoke. Take exit 5 onto US-11 S toward Downtown. Keep LT onto Williamson Rd toward Downtown. Turn RT onto Campbell Ave SE. Building on RT.
Subdivision 0110 - City of Roanoke - Downtown
Standard status Active
APN 401-0316
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 6291

Utilities

Sewer type Public Sewer
Water source Public

Amenities

freight elevator

Building Details

Year built 1902
Floors in Building 2
Flooring type Wood, Vinyl
Building materials Brick
Listing Agency: WALDVOGEL COMMERCIAL PROPERTIES
Listed By: KRISTA H VANNOY
Added: Nov 13, 2025 Changed: Aug 31 Last Checked: Sep 8 at 5:06PM
MLS# 922747

Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 22 Campbell Avenue SE in Roanoke’s Historic Roanoke City Market area, this 4,400-square-foot mixed-use property contains two distinct occupancies. The ground level offers glass-front retail space, while the second floor provides a renovated two-bedroom, two-bath residence completed in 2021. Wood and vinyl flooring, recessed lighting, granite finishes, large windows, and a freight elevator are among the building’s existing features. The 1902 brick structure is fully sprinklered and connected to public water and public sewer. The retail space is available for new occupancy September 1, 2026, and the residence is available February 1, 2026. The property is zoned D-Downtown and occupies 0.05 acres.

The building is surrounded by restaurants, retail, galleries, cultural venues, and the Farmers Market. Center in the Square is directly across Campbell Avenue, with The City Market Building, The Taubman Museum of Art, and Elmwood Park nearby. Access to US 220, US 460, I-581, and I-81 is convenient, and Roanoke-Blacksburg Regional Airport is approximately 10 minutes away.

Key Highlights

  • 4,400 SF two‑unit building with retail and residential components
  • Second‑floor 2bd/2bth residence renovated in 2021
  • Glass‑front street‑level retail space

Property Analytics

Current Use

Market Gallery Art Gallery Jilda Long Physician

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service Florist (Bike/Boat/Book/etc) Store Nail Salon Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,703
Businesses Nearby

Demographics for 24011, VA

908
Population
645
Households
1.4
Avg Household Size
32
Median Age
83%
College-Educated
99%
High-School Grad
0.2 sq mi
ZIP Area
4,540
Density / Sq Mi
$55,882
Median Household Income
$50,599
Median Earnings
$1,091
Median Rent
$839,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick building combines street-level retail with an updated residential floor.
Where is this mixed-use property located?
The property is located at 22 Campbell Ave SE Roanoke, VA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 4,400 SF two‑unit building with retail and residential components; Second‑floor 2bd/2bth residence renovated in 2021; Glass‑front street‑level retail space
More about this property
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