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Automotive Property with Paint Booth
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540 Orange Ave NE, Roanoke, VA 24016

Former auto sales and body shop includes a built-in paint booth and multiple overhead doors.

Property Size5,720 SF
Days on Market122

Property Features for 540 Orange Ave NE

General Information

Standard status Active
Size 5,720 SF
Property subtype Retail
Listing Agency: Poe & Cronk Real Estate
Listed By: Trent Weaver · License #VA
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 6:44AM

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 automotive property was formerly used for auto sales and a body shop and includes a built-in paint booth. The space totals 5,720 square feet and features two bathrooms and a 12' x 15' office. There are three 18' x 10' overhead doors on the property.

The site is located on Orange Ave NE with high visibility on a heavily trafficked corridor.

An electronic sign on the property generates $6,480 per year, paid monthly for the next three years, after which the contract may be renegotiated.

Key Highlights

  • 5,720 sq ft former auto sales and body shop on heavily trafficked Orange Ave
  • Built‑in paint booth and existing auto body shop setup
  • 3 overhead doors, each 18' x 10'

Property Analytics

Current Use

Newman Automotive & Collision Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Dental Office Nail Salon Hair Salon Gym & Fitness Center

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

508
Businesses Nearby
Well-served
Demand for This Use

Demographics for 24016, VA

9,371
Population
5,602
Households
1.7
Avg Household Size
36
Median Age
26%
College-Educated
88%
High-School Grad
3.0 sq mi
ZIP Area
3,124
Density / Sq Mi
$43,727
Median Household Income
$35,936
Median Earnings
$972
Median Rent
$118,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Wooding's Auto Body Works Inc 824 Tazewell Ave SE, Roanoke, VA 24013
  • Custom Truck Bodies 837 campbell ave se, roanoke, va 24013
  • Custom Truck Bodies, LLC 837 Campbell Ave SE, Roanoke, VA 24013
  • AUTOWORKS 1027 Campbell Ave SE, Roanoke, VA 24013
  • Roanoke Armature Co Inc 110 8 1/2 St SE, Roanoke, VA 24013

Frequently Asked Questions

What type of property is this?
Auto shop - Former auto sales and body shop includes a built-in paint booth and multiple overhead doors.
Where is this auto shop located?
The property is located at 540 Orange Ave NE Roanoke, VA.
What are key features of this property?
This property features: 5,720 sq ft former auto sales and body shop on heavily trafficked Orange Ave; Built‑in paint booth and existing auto body shop setup; 3 overhead doors, each 18' x 10'
(540) 204-4935 Call to check price and availability
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