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Professional Office and Medical Suites
For Lease
$15 SF/Yr

1315 2nd St SW, Roanoke, VA 24016

Professionally maintained suites with elevator access and private second-floor restrooms, supported by on-site parking and TI allowance.

Space Size1,078 SF - 1,902 SF
Property Size29,000 SF
Days on Market71

Property Features for 1315 2nd St SW

General Information

Standard status Active
Size 1,078 SF - 1,902 SF
Class B
Property subtype Office
Lease Term Full Service

Additional Details

Highway Access Yes

Building Details

Building Size 29,000 SF
Year Built 1973

Spaces For Lease

at 1315 2nd St SW Contact us

Suite 100 $16.50/SF/Yr

Size
1,902 SF
Type
Medical
Term
Negotiable
Contact us

Suite 201 $15/SF/Yr

Size
1,078 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 203 $15/SF/Yr

Size
1,232 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 204 $15/SF/Yr

Size
1,152 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: Poe & Cronk Real Estate
Listed By: Nick Henritze · License #0225271659
Source: Poecronk
Added: Jun 25 Changed: Sep 3 Last Checked: Jul 16 at 8:58AM

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 Poe & Cronk Real Estate

Investment Insights

Based on property information with market context.

Fountain Square is a professionally maintained office building offering multiple available office and medical suites. Suites feature elevator access and include private restrooms in second-floor spaces. The building also has a large on-site parking lot to support tenant and visitor access. For qualified tenants, a tenant improvement allowance is available to customize the space for specific operational needs, and janitorial service is provided in the advertised lease rate.

The property is located at 1315 2nd St. SW in the heart of the Old Southwest Historic District, with convenient access to Downtown Roanoke. It is also described as being minutes from Carilion Hospital and within close proximity to dining options and business professionals. Easy access to the surrounding area is supported by nearby Franklin Rd and US 220 / I-581.

These suites are well suited for professional office and medical users seeking flexible space within an established, maintained building. With multiple suite options and the ability to tailor interior improvements for qualified tenants, Fountain Square can accommodate a range of office requirements while providing on-site parking and routine janitorial service included in the lease rate.

Key Highlights

  • Professionally maintained office building built in 1973 in the Old Southwest Historic District at 1315 2nd St. SW, Roanoke
  • Multiple office suites available from approximately 1,078 SF to 2,350 SF for professional office and medical users
  • Elevator access plus private restrooms included in second‑floor suites

Property Analytics

Current Use

CORA Physical Therapy ... Medical Clinic Luis Matos, MD, ... Physician Point Management Property Management Company A Better Tomorrow Support ... Crisis Center Joint Regeneration Group ... Medical Clinic

Suggested Use

Top Pick Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Butcher Auto Parts Store Home Appliance 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,044
Businesses Nearby

Demographics for 24016, VA

9,371
Population
5,602
Households
1.7
Avg Household Size
36
Median Age
26%
College-Educated
88%
High-School Grad
3.0 sq mi
ZIP Area
3,124
Density / Sq Mi
$43,727
Median Household Income
$35,936
Median Earnings
$972
Median Rent
$118,800
Median Home Value

Market

Lease Benchmarks for Roanoke, VA

$13.05 /SF/Yr
Avg Asking Price
$9.75–$20 /SF/Yr
Price Range
8,885 SF
Avg Space Size

This space is priced 15% above the average of $13.05 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professionally maintained suites with elevator access and private second-floor restrooms, supported by on-site parking and TI allowance.
Where is this office units located?
The property is located at 1315 2nd St SW Roanoke, VA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Professionally maintained office building built in 1973 in the Old Southwest Historic District at 1315 2nd St. SW, Roanoke; Multiple office suites available from approximately 1,078 SF to 2,350 SF for professional office and medical users; Elevator access plus private restrooms included in second‑floor suites
More about this property
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