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Grandin Village Retail Opportunity
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1911 Memorial Ave SW, Roanoke, VA

Commercial property in Roanoke's Grandin Village, heavy traffic area.

Property Size2,900 SF
Lot Size0.15 Acres
Price / SF$146.53
Days on Market441

Property Features for 1911 Memorial Ave SW

General Information

Standard status Active
Size 2,900 SF
Lot size 0.15 Acres
Property subtype RETAIL
Listing Agency: Hall Associates, Inc
Listed By: Gavin Hollingsworth · License #0225233452
Source: Moodyscre
Added: May 16, 2025 Changed: Jul 6 Last Checked: Jul 22 at 4:19AM

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.

Located in the Grandin Road Commercial Historic District, this commercial property at 1911 Memorial Ave SW, Roanoke, offers an investment opportunity in Grandin Village. Constructed in 1925, the property features approximately 2,900 square feet of space. The location benefits from heavy foot and vehicle traffic. Positioned slightly above Memorial Avenue SW, the property has visibility. It is located adjacent to Virginia Heights Elementary School and various retail and restaurant businesses in Grandin Village, providing a mix of commercial and residential activity. Private parking is available in the back, along with off-street parking.

Key Highlights

  • Prominent location in the heart of Grandin Village with high foot and vehicle traffic.
  • Located in the Grandin Road Commercial Historic District.
  • Approximately 2,900 sq ft commercial property.

Property Analytics

Current Use

Gretchen Coleman Commissioning ... Consultant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Accounting Firm Nail Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby
Under-served
Demand for This Use

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial property in Roanoke's Grandin Village, heavy traffic area.
Where is this storefront property located?
The property is located at 1911 Memorial Ave SW Roanoke, VA.
What is the asking price?
The asking price for this property is $424,950.
What are key features of this property?
This property features: Prominent location in the heart of Grandin Village with high foot and vehicle traffic.; Located in the Grandin Road Commercial Historic District.; Approximately 2,900 sq ft commercial property.
(540) 797-8250 Call to check price and availability
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