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Renovated Office Building
For Sale
$695,000

3247 Electric Rd, Roanoke, VA 24018

Office suites support professional and medical uses within an established office park setting.

Property Size6,600 SF
Days on Market138

Property Features for 3247 Electric Rd

General Information

Standard status Active
Size 6,600 SF
Class C
Property subtype Office - General Office

Building Details

Building Size 6,600 SF
Year Built 1988
Year Renovated 2023
Listing Agency: Poe & Cronk Real Estate Group
Listed By: Richard Wellford, CCIM · License #0225077598
Source: Commercialcafe
Added: Apr 15 Changed: Aug 30 Last Checked: Aug 30 at 3:52PM

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 Group

Investment Insights

Based on property information with market context.

This office building, constructed in 1988, is arranged with flexible suites suited to a range of professional and medical occupants. Recent exterior renovations provide an updated presentation for customers and clients. The property also supports an owner-occupant configuration with additional office suites available for tenants.

The office park is located at 3247 Electric Rd, approximately 1.5 miles from the Rte 419 connection at the Tanglewood exit when traveling from Downtown Roanoke via US 220. Its office setting accommodates professional practices and personal service businesses seeking a dedicated suite environment.

Key Highlights

  • 1988 office building with recently renovated exterior
  • Flexible office suites for professional and medical occupants
  • Owner‑occupant configuration with additional tenant suites

Property Analytics

Current Use

Spigle ROE Massey ... Law Firm Aca Counseling Services Crisis Center Michael Chiglinsky, Ph.D. Physician Aca Counseling Services: ... Physician RoanokValleyChiropractic Alternative Medicine Practice

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 building - Office suites support professional and medical uses within an established office park setting.
Where is this office building located?
The property is located at 3247 Electric Rd Roanoke, VA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 1988 office building with recently renovated exterior; Flexible office suites for professional and medical occupants; Owner‑occupant configuration with additional tenant suites
More about this property
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