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    FOR LEASE
    Medical Office Space

    116 3Rd Ave, Radford, VA 24141

    7,392 SF Built 1965
    Property ID
    US87-2494407
    Property summary
    AI-generated overview

    This 2,036 square foot office space is located in a multi-tenant building at 116 Third Avenue in Radford, Virginia. The property, built in 1965, is classified as Class C and features a single-story design within a larger 7,392 square foot building. The suite is currently vacant and immediately available. The space is divisible to a minimum of 2,036 square feet, with a maximum contiguous space of 2,036 square feet. Conveniently located just one block from Main Street, this property enjoys a prime location near Radford University, numerous restaurants, retail shops, and other commercial offices. Ample parking is available in a city-owned public lot adjacent to the building. The property is zoned B-3. Recent improvements include new ceiling tiles and LED lighting installed throughout the suite in 2023. Prospective tenants with a minimum three-year lease agreement will receive new flooring and wall paint as part of the lease terms. The APN is 5-(12)-93A-95A. This presents a fantastic opportunity for businesses seeking a well-located, updated office space in a thriving Radford community.

    Property profile
    Verified
    Property type Medical Office Space
    Year built 1965
    Total area 7,392 SF
    UPID US87-2494407
    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
    Current use
    Occupant on record · Public records
    • Radford - Roanoke Foot & Ankle - Dr. P F Kelly Physician
    • Stephen D McCuin DDS PC Dental Office
    • Stephen D McCuin , D.D.S, T.C Dental Office
    • Bell Medical Services Inc Social Service Agency Charitable Organization
    • Roanoke Foot & Ankle at Radford - Dr. P F Kelly Physician
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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