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Corner Retail Storefront
For Lease
$16 SF/Yr

131 Campbell Avenue SW, Roanoke, VA 24011

Ground-floor corner retail in a renovated apartment building with storefront windows on two streets.

Space Size850 SF - 1,295 SF
Property Size78,037 SF
Days on Market49

Property Features for 131 Campbell Avenue SW

General Information

Standard status Active
Size 850 SF - 1,295 SF
Property subtype Retail
Lease Term MG

Additional Details

Multifamily Units 90

Building Details

Building Size 78,037 SF
Year Built 1931

Spaces For Lease

at 131 Campbell Avenue SW Contact us

First Floor, STE B $16/SF/Yr

Size
1,295 SF
Type
Street Retail
Term
60 months
Contact us

First Floor, Suite C $16/SF/Yr

Size
850 SF
Type
Street Retail
Term
60 months
Contact us
Listing Agency:
Listed By: Krista Vannoy, CCIM, SIOR · License #VA #0225060152
Source: Waldvogelcommercial
Added: Jun 25 Changed: Aug 8 Last Checked: Aug 11 at 4:57AM

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 Krista Vannoy, CCIM, SIOR

Investment Insights

Based on property information with market context.

This ground-floor retail space is located within the well-renovated Ponce de Leon Apartment building in Downtown Roanoke. The unit is positioned as a corner location, with storefront windows facing both Campbell Avenue SW and 2nd Street. The surrounding base-level tenancy includes Golden Hour Salon, A New Leaf, and Regina Lograsso Photography.

The retail sits directly at the base of a building with 90 apartments, supporting consistent on-site foot traffic. The immediate area is characterized by larger residential properties, and the Downtown setting contributes to a strong daytime population.

The tenant mix and daytime demand drivers in the area include Roanoke City Schools, the City of Roanoke municipal offices and courts, federal office buildings and courts, and TAP, along with numerous small businesses. This makes the space well suited for a neighborhood-oriented retailer, service user, or other street-facing concept that benefits from visibility and regular daytime customer flow.

Key Highlights

  • Ground‑floor corner retail space in the Ponce de Leon Apartment building in downtown Roanoke
  • Year built: 1931; building is described as well‑renovated
  • Corner location with storefront windows on both Campbell & 2nd Street

Property Analytics

Current Use

Unleashed Dog Bakery ... (Bike/Boat/Book/etc) Store Tribal Rug Gallery Carpet & Flooring Store AFFORDABLE BAIL BONDING, ... Law Firm The Ponce De Leon ... Apartment Building Golden Hour Hair ... Hair Salon

Suggested Use

Top Pick Pharmacy Nail Salon Veterinary Clinic Pet Grooming Service Florist Wine and Liquor 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.

Lease Details

90
Residential units
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

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 Retail in South region

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

What type of property is this?
Retail space - Ground-floor corner retail in a renovated apartment building with storefront windows on two streets.
Where is this retail space located?
The property is located at 131 Campbell Avenue SW Roanoke, VA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Ground‑floor corner retail space in the Ponce de Leon Apartment building in downtown Roanoke; Year built: 1931; building is described as well‑renovated; Corner location with storefront windows on both Campbell & 2nd Street
More about this property
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