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    410 Jefferson St Roanoke, VA 24011

    Sponsored
    For Sale
    $999,950

    Prime location, 8,415 SF office space.

    Property size:
    8,415 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a vacant, two-story, 8,415 square foot Class B office building situated in the heart of Downtown Roanoke, Virginia. The property, built in 1900, features a desirable blend of creative, executive, and traditional office spaces, making it adaptable to a variety of uses. The building boasts a convenient layout with a first floor reception area, conference room, and thirteen offices. The second floor offers twelve additional offices and dedicated filing space. Some offices are fully enclosed, while others offer open ceilings, providing flexibility for modern workspace configurations. This owner-user opportunity is located on a 0.09-acre lot, zoned D, and benefits from a prime location across from Mast General Store and between Well Hung Vineyards and Davidson's. The vibrant Downtown Roanoke area offers a thriving environment with over 70 restaurants, 40 retail establishments, and more than 1,700 residential units, ensuring high visibility and accessibility. The asking price is $999,950, translating to $118.83 per square foot. This property presents a unique chance to acquire a well-positioned office building in a rapidly growing urban core. The building is currently vacant, allowing for immediate occupancy and customization to suit specific business needs. The property includes a mezzanine level, adding to the overall usable space. This is a modified lease type property with one unit.

    Property Features for 410 Jefferson St

    General Information

    Property type
    Office space
    Square Feet
    8,415 SF
    Class
    B
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • 8,415 SF Class B office building in Downtown Roanoke, VA.
    • Prime location across from Mast General Store, between Well Hung Vineyards and Davidson's.
    • Two‑story building with mezzanine, offering flexible office space; first floor features reception, conference room, and 13 offices; second floor has 12 offices and filing space.
    • Vacant, allowing for immediate occupancy and customization; $999,950 asking price ($118.83/SF).
    • Thriving Downtown Roanoke location with abundant amenities (70+ restaurants, 40+ retailers, 1,700+ residential units).
    Property Profile Location Intelligence

    Current Use by Public Records

    United Country Atlantic ... Auction House

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.940584348245
    Latitude
    37.270196319696

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    FAQs

    What type of property is this?
    Office space - Prime location, 8,415 SF office space.
    Where is this office space located?
    The property is located at 410 Jefferson St Roanoke, VA.
    What is the asking price?
    The asking price for this property is $999,950.
    What are key features of this property?
    This property features: 8,415 SF Class B office building in Downtown Roanoke, VA.; Prime location across from Mast General Store, between Well Hung Vineyards and Davidson's.; Two-story building with mezzanine, offering flexible office space; first floor features reception, conference room, and 13 offices; second floor has 12 offices and filing space.
    Request Owner's contact information
    410 Jefferson St Roanoke, VA 24011
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    Roanoke, VA 24011
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    410 Jefferson St Roanoke, VA 24011
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