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Downtown Roanoke Mixed-Use Opportunity

21 Church Ave SW, Roanoke, VA 24011

For Lease
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Former florist building with live-work potential in downtown Roanoke.

Space Size4,474 SF
Days on Market1112

Property Features for 21 Church Ave SW

General Information

Standard status Active
Size 4,474 SF
Property subtype RETAIL

Spaces For Lease

at 21 Church Ave SW
21 Church Ave AVAILABLE, Now
Floor Bldg
Size 4,474 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Former Fallon Florist building that needs a new owner and some love to reach its full potential. - It's located on Church Ave., one of the best streets in downtown Roanoke - a one-way street with plenty of on-street parking and a parking garage one block away. - This property has potential as a live-work unit (live on the third floor - work on the first and second). New roof in 2019.
Contact us
Listing Agency: Hall Associates, Inc
Listed By: Frank Martin · License VA #0225211483
Source: Moodyscre
Added: Oct 26, 2023 Changed: Nov 2 Last Checked: Nov 8 at 7:46AM

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

Rey
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Investment Insights

Based on property information with market context.

This property, formerly a florist shop, is located on Church Avenue in downtown Roanoke. The building offers potential as a live-work unit, with the possibility of living on the third floor and working on the first and second floors. The property benefits from its location on a one-way street with on-street parking and a parking garage one block away. The building size is 4474 square feet. A new roof was installed in 2019.

Key Highlights

  • Prime downtown Roanoke location on Church Ave with ample parking
  • Potential for a live‑work unit
  • New roof installed in 2019

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Pet Grooming Service Pharmacy Florist (Bike/Boat/Book/etc) Store Carpet & Flooring Store Nail 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,954
Businesses Nearby
Under-served
Demand for This Use

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

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

Similar Off Market Nearby

  • Bush-Flora — 109 Campbell Ave SW, Roanoke, VA 24011

Frequently Asked Questions

What type of property is this?
Storefront property - Former florist building with live-work potential in downtown Roanoke.
Where is this storefront property located?
The property is located at 21 Church Ave SW Roanoke, VA.
What are key features of this property?
This property features: Prime downtown Roanoke location on Church Ave with ample parking; Potential for a live‑work unit; New roof installed in 2019
(540) 761-4227 · Office Call to check price and availability
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