209 1St ST SW, Roanoke, VA 24011
$2,225,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
3,485
Status:
Active
Current Price:
$2,225,000
List Date:
11/04/2025
Last Modified:
12/30/2025
Overview
Description
The Lofts at First and Kirk is a high-end, 12-unit multifamily property located in the heart of Downtown Roanoke. Located within walking distance of restaurants, shopping, and entertainment, the Lofts at First and Kirk combines modern living with unbeatable convenience. This fully leased building includes eleven 1-bedroom units and one 2-bedroom unit. Each apartment is finished with modern, upscale features, including gas fireplaces, wood plank flooring, concrete countertops, tiled kitchen backsplashes, ceramic tiled showers, and walk-in closets in select units. Property amenities include secure building access, elevator, rooftop deck with an outdoor kitchen, and a community recycling program. Garage parking is available through Park Roanoke's residential parking program.
Supplements:
Listing Details MLS# 922482
Location, Tax & Legal
- Area
- 0110 - City of Roanoke - Downtown
- Street Number
- 209
- Street Name
- 1St
- Street Suffix
- ST
- Street Direction Sfx
- SW
- State/Province
- VA
- Zip Code
- 24011
- Subdivision
- N/A
- Municipality
- City of Roanoke
- Elementary School
- Highland Park
- Middle School
- James Madison
- High School
- William Fleming
- Major Area
- 01 - City of Roanoke
- Phase
- 0
- Lot
- 26A
- Block
- 10 OS
- Tax ID
- 101-1526
- Annual Taxes
- 19856.76
- Section
- SW 1
- Zoning Code
- D
- POA Y/N
- No
General Property Description
- Multi-Family Type
- Apartments
- Construction Status
- Completed
- Year Built
- 1920
- Present Use
- Converted
- Number of Units
- 12
- # Unfurnished
- 12
- # Leased Units
- 12
- Gross Bldg SQFT
- 12260
- Total Acreage
- 0.08
- Basement Y/N
- No
- Parking Description
- Other - See Remarks
- Operating Expense
- 104576
- Net Operating Income
- 59249
- Gross Income
- 163825
- Water Class
- N/A
- # Furnished
- 0
Remarks & Misc
- Directions
- From I-581 South, take exit 5 onto US-11 South. Keep LT on Williamson Rd. Turn RT onto Campbell Ave SE. Turn LT onto First St SW. Building will be on the RT.
Limited Service
- Not Limited Service
- Yes
Construction
- Brick
- Yes
More Information
Views
- City
- Yes
Heating
- Heat Pump Electric
- Yes
Misc Features
- Current Lease
- Yes
Cooling
- Heat Pump Electric
- Yes
Fireplace
- Gas Log
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Owner Expenses
- Management Fee
- Yes
- Sewer
- Yes
- Water
- Yes
Tenant Expenses
- Deposit
- Yes
- Electricity
- Yes
- Gas
- Yes
Property Features
Limited Service:
Not Limited Service
Construction:
Brick
Heating:
Heat Pump Electric
Cooling:
Heat Pump Electric
Fireplace:
Gas Log
Water Description:
Public
Sewer Description:
Public Sewer
Owner Expenses:
Management Fee; Water
Misc Features:
Current Lease
Tenant Expenses:
Deposit; Electricity; Gas
Listing Office:
WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: December - 30 - 2025
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