Office Space in Historic
For Lease
Contact for pricing
541 Luck Ave SW, Roanoke, VA 24016
Rental space available in a historic, full-service arts center.
Space Size667 SF
Property Size147,486 SF
Days on Market2354
Property Features for 541 Luck Ave SW
General Information
Standard status
Active
Size
667 SF
Class
B
Property subtype
Office
Lease Type
Full Service
Building Details
Building Size
147,486 SF
Tenancy
Multiple
Spaces For Lease
at 541 Luck Ave SW Contact us- Size
- 667 SF
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Suite 300
Listing Agency:
Investors Real Estate Partners
(540) 982-2444
Listed By:
Bryan Musselwhite, CCIM, SIOR · License #VA 0225190438
Source:
Crexi
Added: Mar 13, 2020
Changed: Aug 21
Last Checked: Aug 20 at 6:48AM
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 Investors Real Estate Partners
Investment Insights
Based on property information with market context.
Rental space is available within a historic facility, which aims to provide both long and short-term rental options for community partners and individuals. The rates are below market value, allowing resident partners to concentrate on their primary objectives. The facility features architecture from the 1920s. Rental rates are full-service, covering utilities, maintenance, and janitorial services. Tenants are responsible for data and phone expenses.
Key Highlights
- Below market rental rates.
- Full‑service rates include utilities, maintenance, and janitorial services.
- Historic and beautiful 1920's architecture.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,935
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Roanoke, VA
$12.96 /SF/Yr
Avg Asking Price
$9.75–$20 /SF/Yr
Price Range
8,466 SF
Avg Space Size
This space is priced 8% above the average of $12.96 /SF/Yr.
Vacancy Rate% for Office in Roanoke, VA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Rental space available in a historic, full-service arts center.
Where is this office units located?
The property is located at 541 Luck Ave SW Roanoke, VA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Below market rental rates.; Full‑service rates include utilities, maintenance, and janitorial services.; Historic and beautiful 1920's architecture.
