1952 Washington Ave Vinton, VA 24179
- Retail properties
- 53,385 SF
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 size
- 53,385 SF
- Property type
- Retail properties
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
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vinton
- County
- Roanoke
- State
- Virginia
- Longitude
- -79.8656
- Latitude
- 37.2808