1731 Melrose Ave NW Roanoke, VA 24017

Listing agency Wainwright & Co. - Realtors

Listed by KJ Mehmood · License #VA 0225178333

Source Crexi

Added: Apr 11 Updated: Jul 22 at 8:33AM Checked: Jul 22 at 8:33AM

Report an Issue

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 Wainwright & Co. - Realtors

---

Investment Insights

Based on property information with market context.

This property is a corner-lot retail mixed-use building currently operating with a grocery, clothing, and video games, along with additional businesses including a convenient store and a restaurant (currently leased). A laundromat is also in place with Whirlpool washers and dryers. The building has separate electric and offers off-street parking for customer access.

The offering is located at 1731 Melrose Ave NW in Roanoke, VA, and includes three separate business operations as described in the current presentation. Inventory is noted as sold separately.

For buyers and tenants, the configuration supports multiple revenue streams under one ownership, with separation of electrical service and dedicated off-street parking.

Key Highlights

• Corner lot retail property with multiple existing businesses
• Currently includes a convenient store, restaurant (currently leased), and laundromat
• Laundromat has commercial Whirlpool washers and dryers

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $2,549,000

  11,985 SF

  Freestanding Absolute NNN CVS Property

  Absolute NNN-leased freestanding CVS building with over 20 years of tenant operation and more than four years of firm term remaining.

  7515 Williamson Road, Roanoke, VA 24019

  View Details
• 

  $4,636,000

  6,000 SF

  Ground-Leased Corner Gas Retail Parcel

  Signaled corner parcel with a 15-year absolute net ground lease and scheduled 10% increases beginning year 11.

  7506 Williamson Rd, Roanoke, VA 24019

  View Details
• 

  $1,300,000

  4,291 SF

  Medical & Professional Office Building

  Flexible office layout designed for medical or professional use, with abundant parking to support operations.

  2118 Rosalind Ave SW, Roanoke, VA 24014

  View Details
• 

  $1,100,000

  11,806 SF

  Two-Story Office Building

  Two-story office building in downtown Roanoke with tenant-occupied first floor and vacant upper level.

  22 CHURCH AVE SW, ROANOKE, VA

  View Details
• 

  $495,000

  1,964 SF

  Mixed-Use Retail and Office Building

  One-story, handicap-accessible mixed-use building with 2 bathrooms, new roof, and a tankless water heater.

  2302 Winthrop Ave Sw, Roanoke, VA 24015

  View Details
• 

  $399,950

  2,583 SF

  One-Story Brick Office Building

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

  1402 3rd Street Southwest, Roanoke, VA 24016

  View Details
• 

  $1,499,000

  10,656 SF

  Stabilized Brick 12-Unit Multifamily

  Stabilized 12-unit multifamily with current NOI of $87,176 and a stated path to $129,520.

  1712 Grandin Rd SW, Roanoke, VA 24015

  View Details
• 

  $1,650,000

  Retail Strip Center with 17 Units

  Three-building retail complex with 17 units, built in 1975 and zoned C2S.

  3100 Peters Creek Rd, Roanoke, VA 24019

  View Details
• 

  $675,000

  8,139 SF

  Roanoke Office & Flex Building

  8,139 SF office and flex building for sale.

  1818 Centre Ave NW, Roanoke, VA 24017

  View Details
• 

  $615,000

  2,420 SF

  Single-Tenant Verizon Authorized Retail

  Single-tenant retail storefront leased to Cellular Sales, a Verizon Authorized Retailer.

  6926 Peters Creek Rd, Roanoke, VA 24019

  View Details
• 

  $2,600,000

  31,000 SF

  Multi-Tenant Flex Industrial Property

  31,000 SF flex/industrial property with income and value-add potential.

  5205 Starkey Rd, Roanoke, VA 24018

  View Details
• 

  $779,000

  4,000 SF

  Historic Roanoke Retail/Restaurant Opportunity

  Renovated 4,000 SF property in Roanoke's historic market district.

  19 Salem Ave SE | Roanoke, VA 24011, VA 24011

  View Details

Similar Off Market Nearby

• Food Giant — 509 24th St NW, Roanoke, VA 24017

FAQs

What type of property is this?

Grocery and convenience store - Corner lot retail property with multiple existing businesses, separate electric, and off-street parking.

Where is this grocery and convenience store located?

The property is located at 1731 Melrose Ave NW Roanoke, VA.

What are key features of this property?

This property features: Corner lot retail property with multiple existing businesses; Currently includes a convenient store, restaurant (currently leased), and laundromat; Laundromat has commercial Whirlpool washers and dryers