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Downtown Roanoke Office Space Available
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301 1st Street Southwest, Roanoke, VA 24011

Premium ground-level office space in Roanoke's downtown growth corridor.

Days on Market146

Property Features for 301 1st Street Southwest

General Information

Standard status Active
Property subtype Office
Listing Agency:
Listed By: Stephen Pendergrass, SIOR, CCIM
Source: Tcnworldwide
Added: Mar 6 Changed: Jul 10 Last Checked: Jul 30 at 5:15AM

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.

Located on 1st Street in downtown Roanoke, Parkway 301 Suite 200 offers premium ground-level office space. This Class A quality professional office space combines timeless design with modern amenities. The property is situated in Roanoke’s downtown growth corridor and is the birthplace of the Blue Ridge Parkway. It features entrances on 1st Street and Kirk Avenue. Eighteen parking spaces are available as part of the rent. Upper-level apartments offer the ability to live and work in a safe downtown area. An on-site fitness suite is available. Nearby amenities provide lunch and dinner opportunities.

Key Highlights

  • Excellent location in Downtown Roanoke growth area.
  • 18 parking spaces available as part of rent.
  • Class A quality professional office space.

Property Analytics

Current Use

Parkway 301 Apartment Building Downtown Marketing and Design Advertising Agency Promotions Are You Marketing & Advertising Luna Innovations Inc Corporate Office Roanoke Heating and Air Hardware & Home Improvement

Suggested Use

Top Pick Nail Salon Pharmacy 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

NNN (Triple Net)
Lease Type

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 units - Premium ground-level office space in Roanoke's downtown growth corridor.
Where is this office units located?
The property is located at 301 1st Street Southwest Roanoke, VA.
What are key features of this property?
This property features: Excellent location in Downtown Roanoke growth area.; 18 parking spaces available as part of rent.; Class A quality professional office space.
More about this property
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