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4102 Electric Rd

2,732 SF Vacant Retail Building Roanoke, VA 24018 $850,000 ($311/SF)

Investment Highlights

  • On-Site Parking
  • Visibility on Electric Road
  • Monument Signage
  • Easy Access
  • 37k Vehicles Daily

Executive Summary

4102 Electric Road – Offers a rare opportunity to own front-row retail or office building, placing you at the forefront of Roanoke's most coveted commercial corridor.
Offering unparalleled visibility, enhanced by a monument sign, effortless access, and the convenience of on-site parking along busy Route 419 / Electric Road that sees 37,000 vehicles per day.
In a retail trade area that is known for low vacancy rates and strong demand, this 2,732 square foot building is ready to accommodate a wide array of businesses. Owner is a real estate licensee.

Attachments

Sale Brochure

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,732 SF
Building Class
C
Year Built
1976
Price
$850,000
Price Per SF
$311
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.20 AC
Zoning
C2
Parking
30 Spaces (10.98 Spaces per 1,000 SF Leased)

Amenities

  • Accent Lighting
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,732 SF
  • Office/Retail
  • -
  • Now

4102 Electric Road – Offers a rare opportunity to lease a front-row retail or office building, placing you at the forefront of visibility on Roanoke's most coveted commercial corridor. Offering unparalleled visibility, enhanced by a monument sign, effortless access, and the convenience of on-site parking along busy Route 419 / Electric Road that sees 37,000 vehicles per day. In a retail trade area that is known for low vacancy rates and strong demand, this 2,732 square foot building is ready to accommodate a wide array of businesses. Owner is a real estate licensee.

Space Size Space Use Position Available
1st Floor 2,732 SF Office/Retail - Now

1st Floor

Size
2,732 SF
Space Use
Office/Retail
Position
-
Available
Now

1st Floor

Size 2,732 SF
Space Use Office/Retail
Position -
Available Now

4102 Electric Road – Offers a rare opportunity to lease a front-row retail or office building, placing you at the forefront of visibility on Roanoke's most coveted commercial corridor. Offering unparalleled visibility, enhanced by a monument sign, effortless access, and the convenience of on-site parking along busy Route 419 / Electric Road that sees 37,000 vehicles per day. In a retail trade area that is known for low vacancy rates and strong demand, this 2,732 square foot building is ready to accommodate a wide array of businesses. Owner is a real estate licensee.

Nearby Major Retailers

Truist
Food Lion
Waffle House
First Citizens Bank
Five Guys
Chicken Salad Chick
YMCA
Kroger
Chili's Grill & Bar
Bellacinos

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
077-19-01-13
Land Assessment
$150,300
Improvements Assessment
$288,200
Total Assessment
$438,500
  • Listing ID: 32820654

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 4102 Electric Rd, Roanoke, VA 24018

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