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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

408 Jefferson St Roanoke, VA 24011

0.17 ac lot Built 1925
Property ID
Property summary
AI-generated overview

This exceptional 1,750 square foot retail storefront at 408 S Jefferson St in Roanoke, Virginia, presents a compelling investment opportunity. Built in 1925, this single-tenant property sits on a 0.171-acre lot and is zoned D. The building is a single-story structure offering ample space for a variety of retail uses. Its prime downtown Roanoke location ensures high visibility and foot traffic, benefiting from the proximity to popular establishments such as Well Hung Vineyard and Mast General Store. The vibrant atmosphere of downtown Roanoke, with its diverse mix of restaurants and retail stores, attracts a broad customer base. This property's strategic positioning within this bustling area offers significant potential for growth and success. The property's APN is 4011701. This is a single-tenant space, ideal for a business seeking a strong presence in a thriving urban environment. The property's historical charm, combined with its modern-day appeal, makes it an attractive option for discerning entrepreneurs. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1925
Lot 0.17 ac (7,449 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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