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52,700 SF Retail Center
For Sale
Contact for pricing
Pending

3424 Orange Ave NE, Roanoke, VA 24012

Well-maintained retail center in high-traffic corridor.

Property Size52,700 SF
Days on Market1083

Property Features for 3424 Orange Ave NE

General Information

Standard status Pending
Size 52,700 SF
Property subtype Retail
Listing Agency: Hall Associates
Listed By: Stuart Meredith CCIM,SIOR · License #VA 0226024965
Source: Crexi
Added: Sep 13, 2023 Changed: Aug 17 Last Checked: Aug 29 at 4:47PM

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 Hall Associates

Investment Insights

Based on property information with market context.

This is a 52,700 square foot retail center. The property is well maintained and located in a high-traffic corridor. A new video security system was installed in 2023. The center includes three national tenants, with many others in close proximity.

Key Highlights

  • High‑traffic corridor location
  • Approximately 52,700 sq. ft. retail center
  • Three national tenants in the center

Property Analytics

Current Use

Iron pump fitness Gym & Fitness Center Dunkin' Cafe & Coffee Shop Los Amigos Bar ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Dental Office Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby
Balanced
Demand for This Use

Demographics for 24012, VA

30,037
Population
13,455
Households
2.2
Avg Household Size
40
Median Age
24%
College-Educated
87%
High-School Grad
20.3 sq mi
ZIP Area
1,480
Density / Sq Mi
$51,002
Median Household Income
$39,079
Median Earnings
$1,002
Median Rent
$177,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Well-maintained retail center in high-traffic corridor.
Where is this shopping center located?
The property is located at 3424 Orange Ave NE Roanoke, VA.
What is the asking price?
The asking price for this property is $7,325,000.
What are key features of this property?
This property features: High‑traffic corridor location; Approximately 52,700 sq. ft. retail center; Three national tenants in the center
(540) 982-0011 Call to check price and availability
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