7857 Enon Dr Hollins, VA 24019
Call to check price and availability
10,129 SF Office Building, Value-Add Opportunity
Property size:
10,129 SFProperty Features for 7857 Enon Dr
General Information
- Property type
- Medical offices
- Square Feet
- 10,129 SF
- Class
- B
- Lot Size
- 135,472 SF
Building Details
- Year Built
- 1998
- Buildings
- 1
- Stories
- 2
Listing Agency: Cushman & Wakefield Thalhimer Roanoke Listing Agent: Price Gutshall
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This 10,129-square-foot, two-story Class B office building, situated on a 3.11-acre lot in Hollins, Virginia (zip code 24019), presents a compelling value-add investment opportunity. Built in 1998 and previously utilized as the Hollins Communications Research Institute, the property boasts a park-like setting with mountain views. Currently operating at 15% occupancy with a single tenant under a short-term lease (expiring September 30, 2024), this multi-tenant building offers significant upside potential. The flexible layout includes individual offices, adaptable exam rooms, break areas on both floors, and ample storage, even an apartment. Zoned C-1, it's ideally suited for medical, traditional office, or educational uses. Its prime location near I-81's Hollins exit provides easy access to Salem, Roanoke City, and Botetourt County. The property benefits from the proximity to numerous amenities, including major retailers (Tractor Supply Co., Camping World), hotels, and the recently expanded Wells Fargo Customer Support Center (a $87 million expansion adding 1,100 jobs). The asking price is $1,300,000 ($128.34/SF). The building offers one lease renewal option for six months.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Medical offices
Location Insight
- Map
- Local Demand
- City
- Hollins
- County
- Roanoke
- State
- Virginia
- Longitude
- -79.9583307
- Latitude
- 37.3541145
Nearby Similar for Sale
FAQs
What type of property is this?
Medical office - 10,129 SF Office Building, Value-Add Opportunity
Where is this medical office located?
The property is located at 7857 Enon Dr Hollins, VA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Excellent location off I-81, providing easy access to Salem, Roanoke, and Botetourt County.; Significant value-add opportunity due to a nearby $87 million Wells Fargo expansion adding 1,100 jobs.; Attractive park-like setting with mountain views.