Six-Story Commercial Building in
For Sale
$2,600,000
302 S Jefferson St, Roanoke, VA 24011
Six-story commercial building in downtown Roanoke with redevelopment opportunities.
Property Size32,445 SF
Price / SF$80.14
Days on Market342
Property Features for 302 S Jefferson St
General Information
Standard status
Active
Size
32,445 SF
Class
A
Property subtype
Office
Building Details
Building Size
32,445 SF
Year Built
1907
Listing Agency:
(540) 520-3085
Listed By:
Stephen Pendergrass, SIOR, CCIM
(540) 520-3085
Source:
Tcnworldwide
Added: Sep 25, 2025
Changed: Aug 20
Last Checked: Aug 31 at 3:18PM
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 in the heart of Roanoke, VA, 302 S. Jefferson Street is a six-story commercial building offering an opportunity for ownership in the vibrant downtown district. The property benefits from high traffic, excellent visibility, plentiful windows, and easy access to local amenities and parking. The ground floor features a newly renovated premium white box finish, providing a customizable space. Multiple elevators ensure convenient access to all floors, each of which is in move-in ready condition. A complete basement offers versatile spaces and storage. High ceilings and optimal floor plate depth allow for a number of use and redevelopment opportunities, supported by its Downtown zoning designation. The property offers a location for business, multiple tenants, or investment. The property presents an opportunity to own an asset along a commercial corridor in Roanoke, VA. New and future development nearby includes a new music venue, restaurants, boutique hotels and a diverse mix of retail. Its central location and flexible floor plans make it suitable for a variety of commercial ventures. The property is located in the center of Downtown Roanoke and adjacent to the Campbell Avenue parking garage on South Jefferson Street. The property has six floors plus a mezzanine and basement and is sprinklered. The property offers two elevator cabs and two internal staircases. The property size is 32445 square feet.
Key Highlights
- Prime downtown Roanoke location with high traffic and excellent visibility.
- Move‑in ready condition on all floors, including a newly renovated ground floor with a premium white box finish.
- Flexible floor plans and Downtown zoning allow for diverse use and redevelopment opportunities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,954
Businesses Nearby
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 Office in Roanoke, VA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Six-story commercial building in downtown Roanoke with redevelopment opportunities.
Where is this office building located?
The property is located at 302 S Jefferson St Roanoke, VA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Prime downtown Roanoke location with high traffic and excellent visibility.; Move‑in ready condition on all floors, including a **newly renovated ground floor with a premium white box finish.**; Flexible floor plans and Downtown zoning allow for diverse use and redevelopment opportunities.
