2230 Electric Rd Roanoke, VA 24018-2302

This exceptional investment opportunity presents two office buildings totaling 15,628 square feet situated on a 2.1-acre lot in desirable Southwest Roanoke County. The property, located at 2222-2230 Electric Road, Cave Spring, VA 24018, boasts a prime location along a high-traffic corridor (26,000 vehicles daily), offering excellent visibility and convenient access to I-81 (5 miles). The buildings, constructed in 1972 and 1983, are classified as Class B and feature a modified lease type across three multi-tenant units. Currently, the occupancy rate is 25%. The property is zoned C2, allowing for potential redevelopment or expansion. Individual building sales are considered, but a combined sale is preferred. The asking price is $1,650,000, translating to $105.58 per square foot. This offering presents a unique chance to acquire a well-positioned office complex in a thriving area, close to amenities and boasting strong demographics. The property includes two buildings, each two stories high, and benefits from exceptional street signage. The combined parcel numbers are 076.07-02-49.00-0000 and 076.07-02-50.00-0000. This is an owner/user investment opportunity.