Property profile

408 Jefferson St Roanoke, VA 24011

OFF-MARKET
Retail properties & Spaces
0.17 ac lot Built 1925
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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

Location

408 Jefferson St Roanoke, VA 24011
Roanoke metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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