Former Family Dollar Storefront
For Sale
Contact for pricing
Pending
4160 Melrose Ave NW, Roanoke, VA 24017
8,316 SF commercial space for sale or lease.
Property Size8,316 SF
Lot Size0.84 Acres
Days on Market994
Property Features for 4160 Melrose Ave NW
General Information
Standard status
Pending
Size
8,316 SF
Total Parking Spaces
31
Lot size
0.84 Acres
Property subtype
Retail
Zoning
CG
Investment Type
Owner/User
Building Details
Year Built
2013
Stories
1
Listing Agency:
CBRE Richmond
(804) 201-2014
Listed By:
Ian Webster · License #0225222999
Source:
Crexi
Added: Nov 22, 2023
Changed: Aug 8
Last Checked: Jul 25 at 1:44PM
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 CBRE Richmond
Investment Insights
Based on property information with market context.
This 8,316 square foot commercial space, formerly a Family Dollar, is available for sale or lease. Constructed in 2013, the building features a prototypical floorplan with dimensions of 120 feet by 70 feet. The property is situated along a busy retail thoroughfare in Roanoke, Virginia, offering excellent visibility. Located just west of the intersection of Melrose Avenue NW and Peters Creek Boulevard, the site is also near the Roanoke Country Club and Hershberger Avenue, which connects to Interstate 581 and Valley View Mall. The property sits on a 0.84-acre lot zoned Commercial - General (CG), with 180 feet of frontage along Melrose Avenue NW. Access is provided via full access along Melrose Avenue NW and full movement through the Roanoke – Salem Business Center parking lot via a lighted intersection. On-site utilities and 31 parking spaces are available.
Key Highlights
- Excellent visibility on a busy retail street.
- Prototypical 8,316 SF former Family Dollar building.
- Built in 2013.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
255
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 24017, VA
23,902
Population
11,263
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
87%
High-School Grad
9.0 sq mi
ZIP Area
2,656
Density / Sq Mi
$45,954
Median Household Income
$30,345
Median Earnings
$966
Median Rent
$139,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- A Ray of Sunshine — 1314 peters creek rd, roanoke, va 24017
Frequently Asked Questions
What type of property is this?
Storefront property - 8,316 SF commercial space for sale or lease.
Where is this storefront property located?
The property is located at 4160 Melrose Ave NW Roanoke, VA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Excellent visibility on a busy retail street.; Prototypical 8,316 SF former Family Dollar building.; Built in 2013.
