4320 Brambleton AVE, Roanoke, VA 24018
$900,000
Property Type:
Commercial
Lot Size (sq. ft.):
30,056
Status:
Closed
Current Price:
$900,000
List Date:
1/10/2019
Last Modified:
12/27/2024
Overview
Description
MAJOR PRICE REDUCTION: 100% occupied commercial investment opportunity located on Brambleton Avenue SW surrounded by some of the most affluent neighborhoods in Roanoke. The building has been well maintained & was substantially renovated in 2006, including a new architectural shingle roof, fully weatherized vinyl soffits, new gutters, updated wiring, & more. The current tenant mix includes medical office, salon, & traditional office space. Most of the tenants have occupied the property for at least 10 years, & one has continuously occupied the property since 1981. All utilities are separately metered, creating ease of management & low overhead. Now offered at an attractive 9.86% CAP Rate, which includes a 5.00% allowance and 5.00% in funded reserves.
Listing Details MLS# 855090
Location, Tax & Legal
- Area
- 0230 - Roanoke County - South
- Street Number
- 4320
- Street Name
- Brambleton
- Street Suffix
- AVE
- State/Province
- VA
- Zip Code
- 24018
- Municipality
- Roanoke County
- Major Area
- 02 - Roanoke County
- Tax ID
- 077.17-05-13.00-0000
- Annual Taxes
- 6866.48
- Zoning Code
- C2
General Property Description
- Construction Status
- Completed
- Year Built
- 1970
- Lot Dimensions
- 120 x 250
- Total Acreage
- 0.69
- Road Frontage
- 120
- Flood Area
- No
- On site Parking
- Yes
- Parking Spaces
- 36
- Gross Building SqFt
- 7062
- Lease Available
- No
- Water Class
- N/A
Status Change Info
- Ratified Contract Dt
- 2019-03-24
- Sold Date
- 2019-05-24
Business Type
- Type of Business (Historical Field)
- Medical Office
Remarks & Misc
- Directions
- Located on Brambleton Avenue between 419 & Colonial Avenue
More Information
Limited Service
- Not Limited Service
- Yes
Construction
- Brick
- Yes
- Dryvit Type
- Yes
Commercial Type
- Investment
- Yes
- Office
- Yes
Sale Includes
- Building & Land
- Yes
Heating
- Heat Pump
- Yes
Cooling
- Heat Pump
- Yes
Income & Expenses
- Gross Income
- 128260
- Gross Expenses
- 24177
Water Description
- Public
- Yes
Documents Available
- Topo/Aerial Map
- Yes
Sewer Description
- Public Sewer
- Yes
Manufactured Homes
- No HUD Tag
- Yes
Roof System
- Shingle
- Yes
Topography
- Level
- Yes
Property Features
Limited Service:
Not Limited Service
Commercial Type:
Investment; Office
Sale Includes:
Building & Land
Construction:
Brick; Dryvit Type
Roof System:
Shingle
Heating:
Heat Pump
Cooling:
Heat Pump
Manufactured Homes:
No HUD Tag
Water Description:
Public
Sewer Description:
Public Sewer
Documents Available:
Topo/Aerial Map
Topography:
Level
Listing Office:
WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: December - 27 - 2024
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