510 Mc Clanahan St Roanoke, VA 24014

Property Details for 510 Mc Clanahan St

Year built

2005

Construction

WOOD

Lot size

1.06 lot acres

Property size

1,521 SF

Zone code

CG

Property type

Industrial properties

Property subtype

Industrial live-work properties

APN

105-0106

APU

1050106

Description

This exceptional 1,521-square-foot vacant bank building presents a prime redevelopment opportunity in a thriving South Roanoke commercial area. Located at 510 McClanahan St SW, Roanoke, VA 24014, this property sits on a 1.08-acre lot and offers high visibility on McClanahan Street and Franklin Road. Built in 2005, the single-story Class B building is currently vacant, providing a blank canvas for a variety of uses. The asking price is $1,995,000, translating to $1,610.78 per square foot and $2,268,518.50 per acre. The property's Commercial General (CG) zoning allows for diverse development options. Its strategic location near Carilion Clinic, Earth Fare, and Towers Shopping Center ensures high foot traffic and visibility. The property's proximity to numerous restaurants and other commercial businesses further enhances its appeal. This is an ideal investment for owner-users seeking a retail redevelopment project in a high-demand location. The property's size and zoning provide significant flexibility for future development, making it a compelling opportunity for investors seeking a strong return on investment. The absence of current tenants allows for immediate customization and development to suit specific business needs. This location offers excellent access to major roadways and a strong local economy.

Location Insight

City

Roanoke

County

Roanoke City

State

Virginia

Longitude

-79.9513

Latitude

37.252

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments