1603 Franklin Rd, Roanoke, VA 24016

5,194 SF | Office Building | Roanoke, VA 24016 | $1,345,000 ($259/SF)

Date Added:
September 16, 2024
Days on Market:
17 days

Asking Price $1,345,000

Property Type
Office
Square Feet
5,194 SF
Price / Square Foot
$259

Listing Contacts

Michael Waldvogel
Michael Waldvogel
Krista Vannoy
Krista Vannoy
  • Property Info

Property Overview

Waldvogel Commercial Properties, Inc. is pleased to offer this Class A, postmodern designed and fully renovated office building. 1603 Franklin Road SW is ideally located at the southern edge of the Old Southwest office district at the corner of Franklin and King George Avenue, with direct access to US 220/I-581 South. The property has visibility from US 200 South and a prominent location above Franklin Road. There is a circular drive at the front entrance to the building and on-parking for approximately 20 vehicles.
The building was completely renovated in 2021 and 2022: asbestos abatement, new roof, new HVAC, new 600 amp electrical service, new plumbing throughout. All finishes were replaced during the renovation and are of very high quality: LVP flooring, Scuffmaster paint, windows, doors and cabinetry.
The building offers 4,076 SF on the main level, which is fully ADA compliant. There is a small suite of offices consisting of 1,118 SF on the second floor. The second floor has walk out access to the roof, which offers great potential for a future deck, and a three fixture restroom, making this area a great option for a residential or live/work component. The floorplan is very flexible, with a mix of open space, private offices and collaboration areas.

Property Details

Class
B
Year Built
1962
Stories
2
Property Subtype
Medical, Loft/Creative Space, Office Live/Work Unit
Lot Size (sq. ft)
16,117 SF

Highlights

  • Location, Location, Location!
  • Very well renovated: all systems and finishes are new and well designed for a variety of uses.
  • Excellent On-Site Parking
  • Great visibility, access, and proximity to primary transportation routes, Downtown Roanoke, and VTC Medical School and Biomedical Research
  • Opportunity Zone Location

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