30 Franklin Rd Roanoke, VA 24011
The Professional Arts Building, located at 30 Franklin Rd SW in Roanoke, VA 24011, offers exceptional executive office space in a revitalized downtown setting. This nine-story, Class B building, originally constructed in 1929 and fully renovated in 2015, boasts 43,810 total square feet with 3,500 square feet currently vacant. Units range from a minimum of 699 square feet to a maximum contiguous space of 1,611 square feet, perfect for a variety of business needs. The building features a 12-foot ceiling height and provides 66 parking spaces, a rare amenity in the downtown core. Individual HVAC control in each suite ensures optimal comfort. Rent includes utilities and janitorial services, minimizing operational overhead. Situated in Roanoke's vibrant central business district (CBD), the building is within walking distance of numerous restaurants, entertainment venues in the City Market area, and the Hotel Roanoke and Conference Center. The building is zoned D - Downtown, reflecting its prime location. This property presents a unique opportunity to establish a presence in a thriving and revitalized urban environment. The building offers magnificent views in every direction.
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Roanoke Criminal Attorneys Law Firm
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Daniel F Layman Jr Attorney At Law Law Firm
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Eugene M. Elliott, Jr., Attorney at Law Law Firm
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Black Mark A - Brumberg Mackey & Wall PLC Law Firm
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Hixson Heath A Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.