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
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.
More Information MLS# 855090
Contract Information
Current Price: $900,000
Sold Price: $900,000
List Date: 2019-01-10
Status: Closed
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
Location Legal Taxes
Area: 0230 - Roanoke County - South
Street Number: 4320
Street Name: Brambleton
Street Suffix: AVE
State/Province: VA
Zip Code: 24018
Municipality: Roanoke County
Status Change Info
Ratified Contract Dt: 2019-03-24
Sold Date: 2019-05-24
Sold Price: $900,000
Business Type
Type of Business (Historical Field): Medical Office
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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