20 S Roanoke St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
20 S Roanoke St
15,000 SF 100% Leased Retail Building Fincastle, VA 24090 $2,795,000 ($186/SF) 7.48% Cap Rate
Investment Highlights
- Recent 10 Year Lease with Commonwealth of Virginia
- Multi Tenant Mixed Use Building 100% Occupied
- Mix of Commercial Office and Residential
- Fully Renovated Historic Building
Executive Summary
Rare opportunity to own a completely renovated, fully leased mixed use, historic building in downtown Fincastle. 100% occupied to regional tech firm and the State of Virginia. Long term leases. Two residential units at parking level.
Financial Summary (Pro forma - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
15,000 SF
Building Class
C
Year Built
1900
Price
$2,795,000
Price Per SF
$186
Cap Rate
7.48%
NOI
$209,066
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Zoning
Town - Town of Fincastle
Parking
30 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
58 FT on Roanoke Rd
Amenities
- 24 Hour Access
- Security System
- Storage Space
- Air Conditioning
- Balcony
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Commonwealth of Virginia, Department of General Se
- Public Administration
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Micro Harmonics Corporation
- Professional, Scientific, and Technical Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Commonwealth of Virginia, Department of General Se | Public Administration | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Micro Harmonics Corporation | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $712,200 (2024) | |
| Land Assessment | $105,100 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $607,100 (2024) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$105,100 (2024)
Improvements Assessment
$607,100 (2024)
Total Assessment
$712,200 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
-
Jason Fountain -
Steve Zegarski -
Waldvogel Commercial Properties, Inc.
1 of 52
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
20 S Roanoke St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.