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Renovated Commercial Building in Roanoke
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708 5th St SW, Roanoke, VA

Updated 1200 sq ft commercial space in Old Southwest Roanoke.

Property Size1,200 SF
Lot Size0.18 Acres
Price / SF$265.83
Days on Market246

Property Features for 708 5th St SW

General Information

Standard status Active
Size 1,200 SF
Lot size 0.18 Acres
Property subtype RETAIL
Listing Agency: Walker Commercial Services Inc
Listed By: Frazier Hughes
Source: Moodyscre
Added: Nov 26, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:51AM

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 Walker Commercial Services Inc

Investment Insights

Based on property information with market context.

This fully renovated 1966 brick commercial building is located in the heart of Old Southwest Roanoke. Zoned CN (Commercial Neighborhood), the 1,200 sq. ft. property is suitable for office, retail, medical, or therapeutic practices. The interior features a reception area, updated walls and lighting, and luxury vinyl flooring. The layout is designed to be flexible. Additional features include an ADA-compliant restroom, a kitchen/utility room with laundry hookup, updated plumbing, a programmable thermostat, and an energy-efficient tankless water heater. The property includes 7 dedicated parking spaces and high-speed fiber internet. Updated electrical systems are in place. The property is move-in ready for business owners and investors.

Key Highlights

  • Fully renovated 1966 brick commercial building in the heart of Old Southwest Roanoke.
  • Zoned CN (Commercial Neighborhood) offering flexibility for office, retail, medical, or therapeutic practices.
  • Move‑in ready with stylish updates including a modern reception area, fresh walls and lighting, and luxury vinyl flooring.

Property Analytics

Current Use

Appalachian Integrative Health ... Physician 5th Street Laundromat (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Pet Grooming Service Florist Tanning Salon

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

3,145
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Updated 1200 sq ft commercial space in Old Southwest Roanoke.
Where is this retail space located?
The property is located at 708 5th St SW Roanoke, VA.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Fully renovated 1966 brick commercial building in the heart of Old Southwest Roanoke.; Zoned CN (Commercial Neighborhood) offering flexibility for office, retail, medical, or therapeutic practices.; Move‑in ready with stylish updates including a modern reception area, fresh walls and lighting, and luxury vinyl flooring.
(540) 302-2734 Call to check price and availability
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