Building Details

Stories 3

Spaces For Lease

at 15 Salem Ave SE Contact us

15 Salem Ave SE $16/SF/Yr

Floor

2

Size

1,330 SF

Type

OFFICE

Availability

AVAILABLE, Now

Sublease

No

- Outstanding renovated office location in downtownrRoanoke- this space was a former... attorney’s office and is move-in ready.​ Offering +/- 1,330 square feet, it has two large offices, a waiting room, a reception area, and a kitchenette.​Excellent central location in Downtown Roanoke - steps to entertainment, museums, and some of the best restaurants in roanoke.​

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Contact us

Listing Agency: Hall Associates, Inc Show Phone

Listed By: Kristine Davis · License #0225264055 Show Phone

Source: Moodyscre

Added: Jul 10, 2023 Changed: Sep 10 Last Checked: Sep 11 at 12:07PM

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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 three-floor office building features approximately 19,395 square feet of space, including exposed brick interiors, elevator access, and ADA-compliant restrooms. The building includes a charming courtyard and two available office spaces, along with a vacant residential apartment on the second floor. Updates include renovations in 2010, a new roof installed in 2017, HVAC upgrades completed in 2018, and energy-efficient LED lighting added in 2023.

Located in Downtown Roanoke, the property is described as being just steps from the Roanoke City Market Building, providing close access to dining, entertainment, museums, banks, and shopping.

The combination of office space and a vacant apartment unit on the second floor offers an adaptable layout within a fully improved, recently updated building.

Key Highlights

• Three‑story building with approx. 19,395 SF, featuring elevator access and a charming courtyard
• Interior includes exposed brick walls and modern amenities
• Available office spaces plus a vacant residential apartment on the second floor

Property Analytics

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Current Use

The EI Group, Inc. Environmental Consultant Trinity Consultants Environmental Consultant Chapter 13 Trustee Law Firm LPA Engineer

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service Florist (Bike/Boat/Book/etc) Store Nail Salon Tanning 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

1

Residential units

NNN (Triple Net)

Lease Type

$2.40 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,703

Businesses Nearby

Explore this area Business Placement

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

Lease Benchmarks for Roanoke, VA

$15.2 /SF/Yr

Avg Asking Price

$13.5–$18.5 /SF/Yr

Price Range

20,634 SF

Avg Space Size

This space is priced 5% above the average of $15.2 /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

Questions? Ask Rey

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

What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Three-story office building with elevator service, ADA restrooms, and a courtyard, plus updated HVAC and LED lighting.

Where is this office building located?

The property is located at 15 Salem Ave SE Roanoke, VA.

What is the lease rate?

The lease rate is $16 SF/Yr.

What are key features of this property?

This property features: Three‑story building with approx. 19,395 SF, featuring elevator access and a charming courtyard; Interior includes exposed brick walls and modern amenities; Available office spaces plus a vacant residential apartment on the second floor