Search
Historic Office Building
New
For Sale
$1,250,000

1328 3rd St SW, Roanoke, VA 24016

Commercial Sale, Roanoke, VA

Property SizeContact for details
Lot Size0.19 Acres
Days on Market3

Property Features for 1328 3rd St SW

General Information

Property type Commercial Sale
Property subtype Other
Zoning MX; H-2
Directions From S Jefferson St: Turn RT on Maple Ave SW. Turn RT on Walnut Ave SW. Turn LT on 3rd St SW. Building on LT.
Subdivision 0130 - City of Roanoke - SW
Standard status Active
APN 103-0605
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description LT 4B BLK 2 SEC SW4 O S OLD SOUTHWEST COMMERCIAL
Tax Annual Amount 7100
Legal Description LT 4B BLK 2 SEC SW4 O S OLD SOUTHWEST COMMERCIAL

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1925
Floors in Building 3
Flooring type Wood, Tile
Building materials Stucco
Roof type Shingle
Listing Agency: WALDVOGEL COMMERCIAL PROPERTIES
Listed By: KRISTA H VANNOY
Added: Sep 21 Changed: Sep 22 Last Checked: Sep 23 at 7:06AM
MLS# 931616

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.

Built in 1925, this stucco office property occupies a former residence adapted for professional use. Interior finishes include wood and tile flooring, while the practical layout supports office operations and collaborative work. Public water and public sewer serve the property, and the roof is shingle construction. The site measures 0.19 acres and is zoned MX; H-2.

Located at 1328 3rd St SW in Roanoke’s Old Southwest neighborhood, the property sits south of Downtown Roanoke with access to the Jefferson Street and Franklin Road corridors. I-581 and US Rt 220 are also accessible from the property, and the Carilion medical facilities are nearby. Advance scheduling is required for tours.

Key Highlights

  • 1925 construction with stucco exterior
  • 0.19‑acre office property in Roanoke’s Old Southwest neighborhood
  • Zoned MX; H‑2

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Mundy G Marshall Law Firm CowanPerry PC Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith 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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Character-rich professional setting with wood and tile finishes in Roanoke’s Old Southwest neighborhood.
Where is this office building located?
The property is located at 1328 3rd St SW Roanoke, VA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1925 construction with stucco exterior; 0.19‑acre office property in Roanoke’s Old Southwest neighborhood; Zoned MX; H‑2
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message