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One-Story Brick Office Building
For Sale
$399,950

1402 3rd Street Southwest, Roanoke, VA 24016

Well-maintained one-story brick office building with five private offices, included furniture, and a private parking lot.

Property Size2,583 SF
Price / SF$154.84
Days on Market98

Property Features for 1402 3rd Street Southwest

General Information

Standard status Active
Size 2,583 SF
Class B
Property subtype Office

Additional Details

Highway Access Yes
Office Units 5

Building Details

Building Size 2,583 SF
Year Built 1972
Stories 1
Listing Agency: Poe & Cronk Real Estate
Listed By: Thom Hubard, CCIM · License #VA #0225020834
Source: Poecronk
Added: Jun 2 Changed: Sep 4 Last Checked: Sep 7 at 5:45AM

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.

1402 3rd Street is a well-maintained, one-story brick office building offering a practical layout for office use. The space includes 5 private offices and comes with a variety of office furniture included. The property also features a private parking lot for on-site parking convenience.

The building is located with close proximity to Downtown Roanoke and US 220, supporting convenient access for employees and visitors.

With approximately 2,583± SF and multiple enclosed offices, this property is positioned as a turnkey option for a range of office users seeking a straightforward configuration.

Key Highlights

  • One‑story brick office building built in 1972
  • 2,583± SF with 5 private offices
  • Office furniture included

Property Analytics

Current Use

Office buildings

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

5
Office units
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

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?
Office building - Well-maintained one-story brick office building with five private offices, included furniture, and a private parking lot.
Where is this office building located?
The property is located at 1402 3rd Street Southwest Roanoke, VA.
What is the asking price?
The asking price for this property is $399,950.
What are key features of this property?
This property features: One‑story brick office building built in 1972; 2,583± SF with 5 private offices; Office furniture included
More about this property
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