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    22 Campbell Ave SE Roanoke, VA 24011

    For Sale
    $875,000

    Investment - Roanoke, VA

    Lot size:
    0.05 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 22 Campbell Ave SE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.05 Acres

    Building Details

    Flooring type
    Vinyl, Wood
    Building materials
    Brick
    Architectural style
    Other

    Waldvogel Commercial Properties, Inc. (540) 342-0800 [email protected]

    Listing agent KRISTA VANNOY (540) 342-0800

    Listing date Nov 17, 2025

    MLS# 922747 Listing URL

    Copyright © 2025 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.

    Overview

    Downtown Roanoke Investment Opportunity

    This two-unit, 4,400 SF building is located in Downtown Roanoke. The property blends historic charm with modern convenience. Downtown Roanoke is home to more than 900 businesses and 2,600 residents. The glass-front first floor is configured as a street-level retail space that includes a half restroom 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. The residence features recessed lighting, granite, and hardwoods throughout, with the potential to develop a rooftop deck. The lot size is 0.05 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Market Gallery Art Gallery Jilda Long Optometrist

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.939529
    Latitude
    37.272002

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    FAQs

    What type of property is this?
    Retail space - Two-unit building in vibrant downtown Roanoke with retail and residential.
    Where is this retail space located?
    The property is located at 22 Campbell Ave SE Roanoke, VA.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Prime Downtown Roanoke location offering high visibility and accessibility.; - Two-unit building with commercial and residential income potential.; - First floor retail space leased through March 31, 2030.
    (540) 342-0800
    Request Owner's contact information
    22 Campbell Ave SE Roanoke, VA 24011
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    Roanoke, VA 24011
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22 Campbell Ave SE Roanoke, VA 24011
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