408 Jefferson St Roanoke, VA 24011
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.