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Renovated Office Suites in Office Park
For Sale
$685,000

3243 Electric Road, Roanoke, VA 24018

Flexible office suites with recent exterior renovations, offered for sale in a quiet office park setting.

Property Size6,300 SF
Days on Market48

Property Features for 3243 Electric Road

General Information

Standard status Active
Size 6,300 SF
Class C
Property subtype Office

Building Details

Building Size 6,300 SF
Year Built 1987
Year Renovated 2023
Listing Agency: Poe & Cronk Real Estate
Listed By: Richard Wellford, CCIM · License #0225077598
Source: Tcnworldwide
Added: Jul 10 Changed: Aug 14 Last Checked: Aug 25 at 6:23AM

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 Poe & Cronk Real Estate

Investment Insights

Based on property information with market context.

This for-sale office property offers flexible office suites designed to accommodate a range of professional and medical users. The exterior has recently undergone renovations, completed in 2023, helping support a polished professional image. The setting is described in the remarks as a quiet professional office environment with easy access.

Located at 3243 Electric Road in Roanoke, Virginia, the property is positioned within an office park setting in SW County. The seller’s remarks also note strong traffic visibility and placement “in the middle of this neighborhood,” alongside access intended to serve nearby professional activity.

Key Highlights

  • 1987‑built office property in a quiet office park setting
  • Recent exterior renovations completed in 2023
  • Flexible office suites suitable for different professional uses

Property Analytics

Current Use

Martin Tim Tutoring Service Dr. James M. ... Physician

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom Daycare Center Building Supply Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,065
Businesses Nearby

Demographics for 24018, VA

39,144
Population
17,546
Households
2.2
Avg Household Size
45
Median Age
53%
College-Educated
96%
High-School Grad
42.8 sq mi
ZIP Area
915
Density / Sq Mi
$90,383
Median Household Income
$53,350
Median Earnings
$1,221
Median Rent
$327,600
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 - Flexible office suites with recent exterior renovations, offered for sale in a quiet office park setting.
Where is this office units located?
The property is located at 3243 Electric Road Roanoke, VA.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 1987‑built office property in a quiet office park setting; Recent exterior renovations completed in 2023; Flexible office suites suitable for different professional uses
More about this property
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