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Live-Work Building
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21 Church Ave SW, Roanoke, VA 24011

Live-work layout with a third-floor residence and first- and second-floor work space, plus a new roof in 2019.

Property Size4,474 SF
Days on Market1009

Property Features for 21 Church Ave SW

General Information

Standard status Active
Size 4,474 SF
Property subtype RETAIL

Building Details

Year Renovated 2019
Stories 3
Listing Agency: Hall Associates, Inc
Listed By: Frank Martin
Source: Moodyscre
Added: Oct 26, 2023 Changed: Jul 30 Last Checked: Jul 30 at 4:33PM

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

Investment Insights

Based on property information with market context.

This live-work building is set up for a convenient split between daily living and day-to-day operations, with a residence on the third floor and work space on the first and second floors. The property is approximately 4,474 SF and includes a new roof installed in 2019.

Located on Church Ave. in downtown Roanoke, the site benefits from a one-way street setup with plenty of on-street parking, and a parking garage is located one block away.

The building’s layout is well-suited for an owner-operator looking to combine work and home in one place while staying close to downtown parking options.

Key Highlights

  • Approximately 4,474 SF live‑work building
  • Residence on the third floor and work space on the first and second floors
  • New roof installed in 2019

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Pet Grooming Service Florist (Bike/Boat/Book/etc) Store Pharmacy Carpet & Flooring Store Nail 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,004
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 Office in Roanoke, VA

5% 2019
6% 2020
7.5% 2021
7% 2022
7.6% 2023
5.6% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Live-work layout with a third-floor residence and first- and second-floor work space, plus a new roof in 2019.
Where is this live-work space located?
The property is located at 21 Church Ave SW Roanoke, VA.
What are key features of this property?
This property features: Approximately 4,474 SF live‑work building; Residence on the third floor and work space on the first and second floors; New roof installed in 2019
(540) 761-4227 Call to check price and availability
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