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Renovated Mixed-Use Building
For Sale
$1,850,000

109 Campbell Ave SW, Roanoke, VA 24011

Commercial Sale, Roanoke, VA

Property SizeContact for details
Lot Size0.05 Acres
Days on Market275

Property Features for 109 Campbell Ave SW

General Information

Property type Commercial Sale
Property subtype Other
Zoning D
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bathroom 5, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 1
View City
Directions Franklin Rd to l on 2nd St to r on Campbell
Subdivision 0110 - City of Roanoke - Downtown
Standard status Active
APN 1011027
Lot size 0.05 Acres

Taxes and HOA fees

Tax Description Lot 36 Blk 7 OS SW 1
Tax Annual Amount 2536
Legal Description Lot 36 Blk 7 OS SW 1

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Electric
Water source Public

Building Details

Year built 1910
Floors in Building 2
Flooring type Tile
Building materials Brick
Listing Agency: MOUNTAIN TO LAKE REALTY · RE/MAX International
Listed By: BOB PARCELL · License #0225082024
Added: Jan 5 Changed: Oct 5 Last Checked: Oct 7 at 3:06AM
MLS# 923686

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.

This brick mixed-use building combines a former art gallery on the entry level with two residential units above. The gallery includes a full-size kitchen and wall-to-wall plywood designed for artwork installation. Each upstairs unit is arranged as two bedrooms and includes a Wolf gas stove, Cove dishwasher, Sub-Zero refrigerator, custom cabinetry, a primary suite, walk-in shower, and walk-in closets.

The property underwent a complete renovation that included windows, flooring, HVAC, poplar trim, electrical, plumbing, railings, and staircases. Additional features include a rubber roof, tile flooring, natural gas heating, electric cooling, public water, and public sewer. Built in 1910, the property occupies 0.05 acres and is zoned D. It was recently used as an art gallery and Airbnb.

Key Highlights

  • Mixed‑use building with former entry‑level art gallery and two residential units
  • Two upstairs units, each arranged as two bedrooms
  • Complete renovation included windows, flooring, HVAC, electrical, and plumbing

Property Analytics

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Current Use

Alexander / Heath Contemporary Art Gallery Bush-Flora (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Pharmacy Nail Salon Veterinary Clinic Pet Grooming Service Florist Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

2,760
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Former gallery space with two upstairs residential units offers a combined commercial and residential configuration.
Where is this mixed-use property located?
The property is located at 109 Campbell Ave SW Roanoke, VA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Mixed‑use building with former entry‑level art gallery and two residential units; Two upstairs units, each arranged as two bedrooms; Complete renovation included windows, flooring, HVAC, electrical, and plumbing
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