Downtown Office Building with
For Lease
Contact for pricing
15 Salem Ave SE, Roanoke, VA 24011
Three-story office building with elevator service, ADA restrooms, and a courtyard, plus updated HVAC and LED lighting.
Space Size1,330 SF
Days on Market1207
Property Features for 15 Salem Ave SE
General Information
Standard status
Active
Size
1,330 SF
Property subtype
OFFICE
Additional Details
Multifamily Units
1
Amenities
courtyard
elevator
ADA-compliant restrooms
Building Details
Stories
3
Spaces For Lease
at 15 Salem Ave SE
15 Salem Ave SE
$16/SF/Yr
Floor
2
Size
1,330 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- Outstanding renovated office location in downtownrRoanoke- this space was a former attorney’s office and is move-in ready. Offering +/- 1,330 square feet, it has two large offices, a waiting room, a reception area, and a kitchenette.Excellent central location in Downtown Roanoke - steps to entertainment, museums, and some of the best restaurants in roanoke.
Contact us
Listing Agency:
Hall Associates, Inc
(540) 982-0011
Listed By:
Kristine Davis · License #0225264055
(540) 309-9429
Source:
Moodyscre
Added: Jul 10, 2023
Changed: Oct 26
Last Checked: Oct 26 at 7:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hall Associates, Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-floor office building features approximately 19,395 square feet of space, including exposed brick interiors, elevator access, and ADA-compliant restrooms. The building includes a charming courtyard and two available office spaces, along with a vacant residential apartment on the second floor. Updates include renovations in 2010, a new roof installed in 2017, HVAC upgrades completed in 2018, and energy-efficient LED lighting added in 2023.
Located in Downtown Roanoke, the property is described as being just steps from the Roanoke City Market Building, providing close access to dining, entertainment, museums, banks, and shopping.
The combination of office space and a vacant apartment unit on the second floor offers an adaptable layout within a fully improved, recently updated building.
Located in Downtown Roanoke, the property is described as being just steps from the Roanoke City Market Building, providing close access to dining, entertainment, museums, banks, and shopping.
The combination of office space and a vacant apartment unit on the second floor offers an adaptable layout within a fully improved, recently updated building.
Key Highlights
- Three‑story building with approx. 19,395 SF, featuring elevator access and a charming courtyard
- Interior includes exposed brick walls and modern amenities
- Available office spaces plus a vacant residential apartment on the second floor
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Residential units
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,703
Businesses Nearby
Explore this area
Business Placement
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
View Realmo Analytics
Market
Lease Benchmarks for Roanoke, VA
$15.2 /SF/Yr
Avg Asking Price
$13.5–$18.5 /SF/Yr
Price Range
22,518 SF
Avg Space Size
This space is priced 5% above the average of $15.2 /SF/Yr.
Vacancy Rate% for Office in Roanoke, VA
Frequently Asked Questions
What type of property is this?
Office building - Three-story office building with elevator service, ADA restrooms, and a courtyard, plus updated HVAC and LED lighting.
Where is this office building located?
The property is located at 15 Salem Ave SE Roanoke, VA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Three‑story building with approx. 19,395 SF, featuring elevator access and a charming courtyard; Interior includes exposed brick walls and modern amenities; Available office spaces plus a vacant residential apartment on the second floor
