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    Roanoke, VA Shopping Centers for Sale

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    Vinton, VA Salem, VA Hollins, VA
    Prime Shopping Center on Melrose
    $6,200,000
    162,903 SF
    Prime Shopping Center on Melrose

    4142 Melrose Ave NW, Roanoke, VA 24017

    Shopping center with high traffic and income potential.
    • Prime location on Melrose Ave and Peters Creek Rd with 40,000 VPD.
    • $809,827 in gross annual income.
    • High population density of 237,549.
    • 11% vacancy rate.
    • Excellent visibility with large signage.
    Updated: Jan 27
    View details
    52,700 SF Retail Center For Sale
    $7,325,000
    52,700 SF
    52,700 SF Retail Center For Sale

    3412-3436 Orange Ave NE, Roanoke, VA

    52,700 SF retail center in high-traffic corridor.
    • High‑traffic corridor location
    • Approximately 52,700 sq. ft. retail center
    • Well maintained
    • Three national tenants in the center
    • New video security system installed in 2023
    Updated: Oct 25, 2023
    View details
    52,700 SF Retail Center
    $7,325,000
    52,700 SF
    52,700 SF Retail Center

    Well-maintained retail center in high-traffic corridor.

    3424 Orange Ave NE, Roanoke, VA 24012

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    Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 3 Active listings in Roanoke, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 29 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Retail Center Near Amazon
    Contact for pricing
    51,269 SF
    Renovated Retail Center Near Amazon

    Retail spaces available in a renovated center with high traffic.

    2604 West Main Street, Waynesboro, VA 22980

    View details
    Endcap Restaurant Suite with Patio
    Contact for pricing
    Endcap Restaurant Suite with Patio

    Second-generation endcap restaurant space with a patio, positioned on a highly trafficked corridor connecting Greensboro and High Point.

    4215 W. Wendover Avenue, Greensboro, NC 27407

    View details
    Fully Occupied Retail Center
    Contact for pricing
    8,986 SF
    Fully Occupied Retail Center

    Retail center built in 2008 with diverse tenant mix.

    2920 Martinsville Rd, Greensboro, NC

    View details
    Retail Center Near Walmart Entrance
    Contact for pricing
    4,000 SF
    Retail Center Near Walmart Entrance

    Retail spaces available in established shopping center near Walmart.

    109 Lucy Ln, Waynesboro, VA 22980

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Development Land
    $675,000
    8.75 Acres
    Commercial Development Land

    8.75-acre commercial parcel beside Friedrichs Eye Center, recently staked, with access along Virginia Avenue in Martinsville.

    Virginia Avenue, Martinsville, VA 24112

    View details
    Prime Commercial Land For Sale
    $675,000
    Prime Commercial Land For Sale

    Commercial land for shopping center between Collinsville & Martinsville.

    000 Virginia Avenue, Martinsville, VA 24112

    View details
    Commercial Lot Near Interstate Exit
    $99,000
    39,630 SF
    Commercial Lot Near Interstate Exit

    Commercial land near I-81 exit with high traffic volume.

    Holston Road, Wytheville, VA 24382

    View details
    Commercial Lot Near Interstate Exit
    $99,000
    0.91 Acres
    Commercial Lot Near Interstate Exit

    Commercial lot near Interstate 81 exit 70 in Wytheville, VA.

    Holston Road, Wytheville, VA 24382

    View details

    Off-Market Properties in Roanoke, VA

    Consider similar Off-Market properties in Roanoke, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    7240 Williamson Rd, Unit 7234
    SHOPPING CENTER, STRIP CENTER
    35,545 SF Lot: 4.04 Acres
    Estimated value
    $1,005,000
    Unit 7234

    7240 Williamson Rd, Roanoke, VA 24019-4264

    View details
    2061 Electric Rd, Unit 2071
    SHOPPING CENTER, STRIP CENTER
    49,881 SF Lot: 3.48 Acres
    Unit 2071

    2061 Electric Rd, Roanoke, VA 24018-1937

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    3565 Electric Rd
    SHOPPING CENTER, STRIP CENTER
    14,348 SF Lot: 0.93 Acres
    Value Estimation by Request

    3565 Electric Rd, Roanoke, VA 24018-4449

    View details
    3901 Brambleton Ave, Unit 3955
    SHOPPING CENTER, STRIP CENTER
    79,909 SF Lot: 15.59 Acres
    Estimated value
    $2,270,000
    Unit 3955

    3901 Brambleton Ave, Roanoke, VA 24018-6402

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    3260 Electric Rd
    SHOPPING CENTER, STRIP CENTER
    10,500 SF Lot: 1.00 Acre
    Value Estimation by Request

    3260 Electric Rd, Roanoke, VA 24018-6400

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    5044 Keagy Rd
    SHOPPING CENTER, STRIP CENTER
    10,526 SF Lot: 14.61 Acres
    Value Estimation by Request

    5044 Keagy Rd, Roanoke, VA 24018-2207

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    3549 Electric Rd
    SHOPPING CENTER, STRIP CENTER
    7,998 SF Lot: 0.58 Acres
    Value Estimation by Request

    3549 Electric Rd, Roanoke, VA 24018-4400

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    5350 Clearbrook Vlg Ln
    WHOLESALE OUTLET, DISCOUNT STORE
    187,130 SF Lot: 29.96 Acres

    5350 Clearbrook Vlg Ln, Roanoke, VA 24014-6606

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    4702 Starkey Rd
    SHOPPING CENTER, STRIP CENTER
    6,949 SF Lot: 2.26 Acres
    Value Estimation by Request

    4702 Starkey Rd, Roanoke, VA 24018-8508

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    3524 Electric Rd, Unit 3576
    SHOPPING CENTER, STRIP CENTER
    28,000 SF Lot: 4.60 Acres
    Estimated value
    $925,000
    Unit 3576

    3524 Electric Rd, Roanoke, VA 24018-4453

    View details
    4082 Electric Rd
    SHOPPING CENTER, STRIP CENTER
    34,484 SF Lot: 3.42 Acres
    Estimated value
    $795,000

    4082 Electric Rd, Roanoke, VA 24018-0613

    View details
    5528 Williamson Rd
    SHOPPING CENTER, STRIP CENTER
    9,956 SF Lot: 1.00 Acre
    Value Estimation by Request

    5528 Williamson Rd, Roanoke, VA 24012-1440

    View details
    5524 Williamson Rd
    SHOPPING CENTER, STRIP CENTER
    9,368 SF Lot: 1.00 Acre
    Value Estimation by Request

    5524 Williamson Rd, Roanoke, VA 24012-1448

    View details
    4210 Franklin Rd
    Lifestyle centers
    166,207 SF Lot: 15.20 Acres
    Value Estimation by Request

    4210 Franklin Rd, Roanoke, VA 24014

    View details
    1287-1445 Towne Square Blvd
    Lifestyle centers
    302,135 SF
    Value Estimation by Request

    1287-1445 Towne Square Blvd, Roanoke, VA 24012

    View details
    1351 Hershberger Rd
    Lifestyle centers
    152,000 SF
    Value Estimation by Request

    1351 Hershberger Rd, Roanoke, VA 24012

    View details
    2022 Electric Rd
    Neighborhood centers
    80,163 SF
    Value Estimation by Request

    2022 Electric Rd, Roanoke, VA 24018

    View details
    2911 Hershberger Rd
    Lifestyle centers
    117,726 SF Lot: 10.99 Acres
    Value Estimation by Request

    2911 Hershberger Rd, Roanoke, VA 24017

    View details
    6449 Williamson Rd, Unit 6435
    SHOPPING CENTER, STRIP CENTER
    36,250 SF Lot: 3.08 Acres
    Estimated value
    $765,000
    Unit 6435

    6449 Williamson Rd, Roanoke, VA 24019-4627

    View details
    6419 Williamson Rd, Unit 6431
    SHOPPING CENTER, STRIP CENTER
    10,800 SF Lot: 1.39 Acres
    Value Estimation by Request
    Unit 6431

    6419 Williamson Rd, Roanoke, VA 24019-4627

    View details
    6619 Williamson Rd
    SHOPPING CENTER, STRIP CENTER
    51,280 SF Lot: 3.87 Acres
    Estimated value
    $980,000

    6619 Williamson Rd, Roanoke, VA 24019-4658

    View details

    Roanoke, VA Shopping Centers Investment Opportunities Market Analysis

    Explore 32 shopping centers for sale in Roanoke, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 268,303 square feet of properties for sale, with an estimated market value of $20,850,000.

    Sale prices for plazas in Roanoke, VA start at $6,200,000, averaging $6,950,000, and reaching up to $7,325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Shopping centers 14
    Storefront properties 13
    Automotive properties 7
    Showrooms 5
    Auto shops 4

    Property Size Breakdown

    The majority of commercial real estate listings in Roanoke fall within the Under 2,500 square foot range.

    Demographics Overview

    Population 171K
    Population Growth (5Y) +9.4%
    Median Household Income $66,063
    College Educated 10.0%

    High-Yield Neighborhoods for Investment

    Identify Roanoke submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    24017 $6.2M
    24012 $7.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.05%
    Property Tax per SF $16.57 per sq ft
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Roanoke, VA

    • 24012
    • 24017

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