Historic Adaptive-Reuse
For Sale
$2,875,000
302 1st Street Southwest, Roanoke, VA 24011
1909 storefront with brick and aluminum exterior materials, central air, and wired data and sound systems.
Property Size550 SF
Price / SF$5,227
Days on Market441
Property Features for 302 1st Street Southwest
General Information
Standard status
Active
Size
550 SF
Property subtype
MultiFamily / Other - See Remarks
Zoning
D
Net Operating Income
$112,613
Additional Details
Corner Location
Yes
Taxes and HOA fees
Annual Taxes
$25,828
Amenities
Central Air, Yes
Zoned, Heat Pump Electric, Forced Air Gas, Yes
Full
Wired For Data, Wired for Sound, Walk-In Closet(s), Ceiling Fan(s), Storage, Wet Bar
0.0
Yes
10.0
Aluminum Siding, Brick
Building Details
Year Built
1909
Listing Agency:
LICHTENSTEIN ROWAN, REALTORS®
(540) 761-0988
Listed By:
JOE KRAFT · License #0225180222
(540) 761-0988
Source:
Compass
Added: Jun 18, 2025
Changed: Aug 31
Last Checked: Aug 31 at 3:12AM
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 LICHTENSTEIN ROWAN, REALTORS®
Investment Insights
Based on property information with market context.
Built in 1909, this storefront property combines early-20th-century construction with features suited to contemporary commercial use. Exterior materials include brick and aluminum siding, while the interior is equipped with central air, heat pump electric and forced-air gas systems, and ceiling fans. Additional features include wired data, wired sound, storage, a walk-in closet, and a wet bar.
The property is located at 302 1st Street Southwest in Roanoke, Virginia, at the corner of Kirk Avenue and First Street. Its adaptive reuse was recognized with the Roanoke Valley Preservation Foundation’s 2013 Adaptive Reuse Award. The building’s documented history includes an early piano-company tenant that later became Grand Home Furnishings.
The property is located at 302 1st Street Southwest in Roanoke, Virginia, at the corner of Kirk Avenue and First Street. Its adaptive reuse was recognized with the Roanoke Valley Preservation Foundation’s 2013 Adaptive Reuse Award. The building’s documented history includes an early piano-company tenant that later became Grand Home Furnishings.
Key Highlights
- 1909 construction date
- Adaptive reuse recognized by the Roanoke Valley Preservation Foundation with its 2013 Adaptive Reuse Award
- Brick and aluminum siding exterior
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,004
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Retail in South region
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Similar Off Market Nearby
- Bush-Flora — 109 Campbell Ave SW, Roanoke, VA 24011
Frequently Asked Questions
What type of property is this?
Storefront property - 1909 storefront with brick and aluminum exterior materials, central air, and wired data and sound systems.
Where is this storefront property located?
The property is located at 302 1st Street Southwest Roanoke, VA.
What is the asking price?
The asking price for this property is $2,875,000.
What are key features of this property?
This property features: 1909 construction date; Adaptive reuse recognized by the Roanoke Valley Preservation Foundation with its 2013 Adaptive Reuse Award; Brick and aluminum siding exterior
