525 Orange Ave Local commercial 204 m² À vendre Roanoke, VA 24016 582 437 € (2 849,68 €/m²)

Positioned along the high-traffic corridor of Orange Avenue, this 2,200-square-foot free-standing retail building offers a rare opportunity for owner-users or investors seeking visibility and accessibility in the heart of Roanoke. Located just 0.3 miles east of Interstate 581, the property benefits from ±190 feet of frontage and two generous curb cuts, ensuring seamless ingress and egress for customers and deliveries. The site spans 0.43 acres and is zoned CG by the City of Roanoke, supporting a wide range of commercial uses.
The property sits within a federally designated Opportunity Zone, presenting potential tax advantages for qualifying buyers. With an annual average weekday traffic count of 39,000 vehicles, the location is primed for retail success. Nearby developments such as Starbucks, Dunkin’ Donuts, and Holiday Inn Express reflect the area’s ongoing commercial momentum. The Berglund Center and Performing Arts Theater are also within close proximity, drawing consistent foot traffic and enhancing the property's appeal.
Demographic data reveals a strong consumer base, with over 143,000 residents and 164,000 daytime employees within a five-mile radius. Average household incomes in the area exceed $85,000, supporting a robust retail environment. Built in 1990, the building offers a solid foundation for customization or immediate occupancy.