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Two-Story Office Building For Sale
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89 Summers Way, Roanoke, VA 24019

Two-story office building in Botetourt County with ample parking.

Property Size7,500 SF
Price / SF$199.33
Days on Market1791

Property Features for 89 Summers Way

General Information

Standard status Active
Size 7,500 SF
Class B
Property subtype Office
Zoning B-2
Lease Type Modified Gross

Building Details

Year Built 2001
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Hall Associates
Listed By: Frank C. Martin, III | SIOR, CCIM · License #VA
Source: Crexi
Added: Oct 1, 2021 Changed: Aug 13 Last Checked: Aug 25 at 8:57AM

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 two-story office building, constructed in 2001, presents an investment or owner-occupant opportunity. It features ample parking with 30 surface spaces, providing a parking ratio of 2.50 per 1,000 square feet. The building is ready for owner occupancy or tenants. Currently, there are two tenants, with two suites available: approximately 2,647 square feet on the second floor, accessible by elevator, and approximately 1,500 square feet on the first floor, which is unfinished and built to suit. The property is situated in an excellent location within the growing area of Botetourt County, specifically in the Summerfield Village Development. Its location offers convenient access to established businesses, including professional offices, pharmacies, restaurants, and the Botetourt Athletic Center. The total property size is 7,500 square feet.

Key Highlights

  • Excellent location in the growing Botetourt County, Summerfield Village Development, near established businesses and amenities.
  • Suitable for investment or owner occupancy with existing tenants and available suites.
  • Ample parking with 30 surface spaces.

Property Analytics

Current Use

WorkForce Unlimited, LLC Employment Agency Dr. Colleen A. Kraft, ... Pediatrician Dr. John E. ... Pediatrician Craft Jr William ... Physician Arthur Kunkle Pediatrician

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Dental Office Law Firm Big Box & Wholesale Store

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

125
Businesses Nearby

Demographics for 24019, VA

27,630
Population
12,373
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
94%
High-School Grad
30.2 sq mi
ZIP Area
915
Density / Sq Mi
$75,329
Median Household Income
$46,626
Median Earnings
$1,207
Median Rent
$237,900
Median Home Value

Market

Vacancy Rate% for Office in Roanoke, VA

5% 2019
6% 2020
7.5% 2021
7% 2022
7.6% 2023
5.6% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building in Botetourt County with ample parking.
Where is this office building located?
The property is located at 89 Summers Way Roanoke, VA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Excellent location in the growing Botetourt County, Summerfield Village Development, near established businesses and amenities.; Suitable for investment or owner occupancy with existing tenants and available suites.; Ample parking with 30 surface spaces.
(540) 309-9429 Call to check price and availability
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