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Seven-Story Office Building
For Sale
$3,200,000

30 - 38 Church Ave, Roanoke, VA 24011

Downtown office property with large floor plates, two passenger elevators, and Opportunity Zone Downtown zoning.

Property Size48,638 SF
Price / SF$65.79
Days on Market56

Property Features for 30 - 38 Church Ave

General Information

Standard status Active
Size 48,638 SF
Class C
Elevators Yes
Property subtype Office

Additional Details

Opportunity Zone Yes
Utilities to Site Yes

Building Details

Building Size 48,638 SF
Year Built 1958
Buildings 1
Stories 7
Construction concrete/steel
Listing Agency:
Listed By: Stephen Pendergrass, SIOR, CCIM
Source: Poecronk
Added: Jul 8 Changed: Aug 30 Last Checked: Aug 31 at 2:55PM

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 Stephen Pendergrass, SIOR, CCIM

Investment Insights

Based on property information with market context.

The seven-story office building at 30–38 Church Ave provides 48,638 square feet within a concrete-and-steel structure completed in 1958. Large floor plates, two passenger elevators, existing utility infrastructure, and a former bank lobby support a range of redevelopment concepts. The lobby may accommodate restaurant, lounge, or event uses, while the building also offers potential for rooftop amenity space.

The property occupies a corner position in downtown Roanoke with 125 feet of street frontage. Its Opportunity Zone Downtown zoning allows multiple uses, and the site is positioned within the walkable downtown area near evolving residential and entertainment districts. Adjacent parking options are available for consideration.

Key Highlights

  • 48,638‑square‑foot, seven‑story concrete‑and‑steel office building
  • Opportunity Zone Downtown zoning allows multiple uses
  • 125 feet of street frontage at a downtown corner location

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Pharmacy Nail Salon Auto Parts Store Pet Grooming Service Florist Wine and Liquor 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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,004
Businesses Nearby

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

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 - Downtown office property with large floor plates, two passenger elevators, and Opportunity Zone Downtown zoning.
Where is this office building located?
The property is located at 30 - 38 Church Ave Roanoke, VA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 48,638‑square‑foot, seven‑story concrete‑and‑steel office building; Opportunity Zone Downtown zoning allows multiple uses; 125 feet of street frontage at a downtown corner location
More about this property
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