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    1952 Washington Ave Vinton, VA 24179
    Property profile & analytics

    1952 Washington Ave, Vinton, VA 24179

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    • Retail properties & Spaces
    • 53,385 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Food Lion / Grocery & Convenience Store / Food Market
    • East Vinton Plaza / Shopping Center & Mall
    • Western Union / Bank / Credit Union
    • Coinstar Kiosk | Bitcoin ATM / Atm / Currency Exchange Service
    • Spirit Halloween / (Bike/Boat/Book/etc) Store

    Property Details for 1952 Washington Ave

    Year built
    1983
    Property type
    Retail properties & Spaces

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Vinton
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.8656
    Latitude
    37.2808
    More about this property
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