2711 FRANKLIN RD SW 2711, 2613, Roanoke, VA 24014

$3,100,000
Property Type: Commercial Lot Size (sq. ft.): 200,376 Status: Closed
Current Price: $3,100,000 List Date: 2/21/2014 Last Modified: 9/15/2024

Description

4.6+/- acres with 415' road frontage on Franklin Road. Improvements include a 19,041 SF auto dealership building, scheduled to revert to seller's ownership at end of existing lease, and an 8,924 SF office and showroom building. Cell tower on site generates additional long term income. Highly visible! Only 0.4 mile to I-581 interchange. Convenient to Downtown and medical complex at Riverside.

Supplements: Currently leased to Haley Toyota, planning to relocate within approximately 18 months. Located with Enterprise Zone 1A,a n zoned CG - Commercial General.

More Information MLS# 800860

Contract Information

Current Price: $3,100,000 Sold Price: $3,100,000 List Date: 2014-02-21 Status: Closed

General Property Description

Construction Status: Completed Year Built: 1959 Lot Dimensions: 4.6 Acres Total Acreage: 4.6 Road Frontage: 415 Traffic Count: 17000 Flood Area: Yes On site Parking: Yes Parking Spaces: 300 Gross Building SqFt: 27965 Lease Available: No Basement Y/N: No Water Class: N/A

Location Legal Taxes

Area: 0130 - City of Roanoke - SW Street Number: 2711 Street Name: FRANKLIN Street Suffix: RD Street Direction Sfx: SW State/Province: VA Zip Code: 24014 Municipality: City of Roanoke

Status Change Info

Ratified Contract Dt: 2014-12-23 Sold Date: 2015-05-20 Sold Price: $3,100,000

Business Type

Type of Business (Historical Field): Car dealership

Property Features

Limited Service: Not Limited Service Commercial Type: Investment; Retail Sale Includes: Building & Land Heating: Natural Gas Cooling: Electric Floors: Concrete Manufactured Homes: No HUD Tag Water Description: Public Sewer Description: Public Sewer Topography: Level
Listing Office: WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: September - 15 - 2024
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