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    1952 Washington Ave Vinton, VA 24179

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail center, fully leased.

    Lot size:
    53,385 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    East Vinton Plaza, located in Roanoke County, presents a prime opportunity for investors seeking a stable, fully-leased retail property. This single-story, 53,385 square foot center was originally constructed in 1983 and underwent a significant renovation in 2008, ensuring modern amenities and functionality. The property boasts a total of 242 parking spaces, providing ample convenience for customers and tenants. Currently, the center is 100% occupied, indicating strong tenant demand and a stable income stream. The absence of elevators is offset by the single-story design, promoting easy accessibility throughout the property. The building's retail configuration is ideal for a variety of businesses, benefiting from high visibility and foot traffic. With its established presence and recent renovations, East Vinton Plaza offers a secure investment opportunity in a thriving retail market. The property's strong occupancy rate and ample parking make it an attractive option for both tenants and investors. The 2008 renovation ensures the building is well-maintained and equipped to meet the needs of modern businesses. This fully-leased retail center represents a compelling investment prospect with a proven track record of success. The property's location in Roanoke County provides access to a substantial customer base and a robust local economy.

    Property Features for 1952 Washington Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    53,385 SF

    Building Details

    Year Built/Renovated
    1983/2008
    Stories
    1

    Unit(s) available at that property

    Space
    Suite D
    Size
    3,575 SF

    HighLights

    • 53,385 SF retail center in Roanoke County.
    • Fully occupied, multi‑tenant property.
    • 1‑story building constructed in 1983, renovated in 2008.
    • 242 parking spaces available.
    • No elevators.
    Property Profile Location Intelligence

    Current Use by Public Records

    Food Lion Grocery Store East Vinton Plaza Shopping Mall Western Union Money Transfer Service Coinstar Kiosk | Bitcoin ... Atm Spirit Halloween Costume Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Vinton
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.8655586
    Latitude
    37.2808216

    Nearby Comparable

    • Contact for pricing

      Retail Space Near Food Lion

      8,640 SF retail space with high visibility.
      1942 E Washington Ave, Vinton, VA 24179
      View Details
    • Contact for pricing
      8,640 SF

      Retail Space Near Food Lion

      8,640 SF retail space with high visibility.
      1922-1952 E Washington Ave, Vinton, VA 24179
      View Details
    • $14 SF/Yr
      9,750 SF

      Vinton Retail Center - Prime Location

      High-traffic retail space, two units available.
      2445 Washington Ave, Vinton, VA 24179
      View Details
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      1,540 SF

      Retail Space in Vinton Center

      Retail space available within a Kroger-anchored shopping center.
      903-915 Hardy Rd, Vinton, VA 24179
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    • $15 SF/Yr
      3,299 SF

      Vinton Medical Office Space

      3,299 SF of renovated medical office space for lease.
      600 S Pollard St, Vinton, VA 24179
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      Prime Roanoke Retail Space

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      Roanoke Office Space for Rent

      Updated office space with hardwood floors and dedicated parking.
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      Land for Rent Roanoke

      Land available for rent in Roanoke, Virginia.
      2814 Orange Ave NE, Roanoke, VA 24012
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      Industrial Space Available for Lease

      5,000 square feet of industrial space for rent.
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      Industrial Warehouse with Fenced Yard

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      Retail Space Available For Lease

      Retail space available for lease in Roanoke, Virginia.
      1207 Jamison Ave SE, Roanoke, VA 24013
      View Details

    Nearby Similar for Lease

    • $14 SF/Yr
      9,750 SF

      Vinton Retail Center - Prime Location

      High-traffic retail space, two units available.
      2445 Washington Ave, Vinton, VA 24179
      View Details
    • $15 SF/Yr
      3,299 SF

      Vinton Medical Office Space

      3,299 SF of renovated medical office space for lease.
      600 S Pollard St, Vinton, VA 24179
      View Details
    • Contact for pricing

      Retail Space Near Food Lion

      8,640 SF retail space with high visibility.
      1942 E Washington Ave, Vinton, VA 24179
      View Details
    • Contact for pricing
      8,640 SF

      Retail Space Near Food Lion

      8,640 SF retail space with high visibility.
      1922-1952 E Washington Ave, Vinton, VA 24179
      View Details
    • Contact for pricing
      1,540 SF

      Retail Space in Vinton Center

      Retail space available within a Kroger-anchored shopping center.
      903-915 Hardy Rd, Vinton, VA 24179
      View Details

    FAQs

    What type of property is this?
    Retail property - High-traffic retail center, fully leased.
    Where is this retail property located?
    The property is located at 1952 Washington Ave Vinton, VA.
    What are key features of this property?
    This property features: 53,385 SF retail center in Roanoke County.; Fully occupied, multi-tenant property.; 1-story building constructed in 1983, renovated in 2008.
    Request Owner's contact information
    1952 Washington Ave Vinton, VA 24179
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    Vinton, VA 24179
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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
    1952 Washington Ave Vinton, VA 24179
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