2711 FRANKLIN RD SW 2711, 2613, Roanoke, VA 24014 (MLS# 800860)

$3,100,000

2711 FRANKLIN RD SW 2711, 2613
Roanoke, VA 24014
MLS# 800860

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Property 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.

Details

Maps

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

Supplements

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

Listing Office: WALDVOGEL COMMERCIAL PROPERTIES

Last Updated: September - 15 - 2024

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