510 Mc Clanahan St Roanoke, VA 24014
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1,521 SF Vacant Bank, Redevelopment Potential
Property size:
1,521 SFProperty Features for 510 Mc Clanahan St
General Information
- Property type
- Individual retail properties
- Square Feet
- 1,521 SF
- Class
- B
- Lot Size
- 47,045 SF
Building Details
- Year Built
- 2005
- Buildings
- 1
- Stories
- 1
Listing Agency: Cushman & Wakefield Thalhimer Lynchburg Listing Agent: Norman Moon
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 1,521-square-foot vacant bank building presents a prime redevelopment opportunity in a thriving South Roanoke commercial area. Located at 510 McClanahan St SW, Roanoke, VA 24014, this property sits on a 1.08-acre lot and offers high visibility on McClanahan Street and Franklin Road. Built in 2005, the single-story Class B building is currently vacant, providing a blank canvas for a variety of uses. The asking price is $1,995,000, translating to $1,610.78 per square foot and $2,268,518.50 per acre. The property's Commercial General (CG) zoning allows for diverse development options. Its strategic location near Carilion Clinic, Earth Fare, and Towers Shopping Center ensures high foot traffic and visibility. The property's proximity to numerous restaurants and other commercial businesses further enhances its appeal. This is an ideal investment for owner-users seeking a retail redevelopment project in a high-demand location. The property's size and zoning provide significant flexibility for future development, making it a compelling opportunity for investors seeking a strong return on investment. The absence of current tenants allows for immediate customization and development to suit specific business needs. This location offers excellent access to major roadways and a strong local economy.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Banks
Location Insight
- Map
- Local Demand
- City
- Roanoke
- County
- Roanoke
- State
- Virginia
- Longitude
- -79.9512941
- Latitude
- 37.2520338
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FAQs
What type of property is this?
Individual retail property - 1,521 SF Vacant Bank, Redevelopment Potential
Where is this individual retail property located?
The property is located at 510 Mc Clanahan St Roanoke, VA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 1,521 SF vacant bank building on a 1.08-acre lot in South Roanoke, VA.; High-visibility location on McClanahan St & Franklin Rd.; $1,995,000 asking price ($1,610.78/SF, $2,268,518.50/acre).
