318 SALEM AVE SW, Roanoke, VA 24016 (MLS# 801381)

$299,000

318 SALEM AVE SW
Roanoke, VA 24016
MLS# 801381

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Property Description
The Old Roanoke Glass Shop building in downtown Roanoke, they have moved. The property consist of three tax parcels. There is a two story structure, a one story structure with mezz. and a vacant lot. So much potential for rehab, great office, restaurant, retail etc. location. Large pay parking lot across street.

Details

Maps

Contract Information

Current Price: $185,000

Sold Price: $185,000

List Date: 2014-03-11

Status: Closed

General Property Description

Construction Status: Completed

Year Built: 1906

Type of Business: Retail/office/warehouse

Lot Dimensions: 100x92

Road Frontage: 100

Flood Area: No

On site Parking: Yes

Parking Spaces: 10

Parking SqFt: 3136

Gross Building SqFt: 11600

Lease Available: No

Water Class: N/A

Location, Legal & Taxes

Major Area: 01 - City of Roanoke

Area: 0110 - City of Roanoke - Downtown

Street Number: 318

Street Name: SALEM

Street Suffix: AVE

Street Direction Sfx: SW

State/Province: VA

Zip Code: 24016

Legal: lot 9 & 10 block 8 rorer

Municipality: City of Roanoke

Tax ID: 1010814, 1010816 & 1010817

Annual Taxes: 3415

Remarks & Misc

SA Comp: 5%

Directions: Salem Ave downtown between 3rd and 4th street, across from Transportation Museum.

Status Change Info

Ratified Contract Dt: 2014-08-13

Sold Date: 2014-10-01

Sold Price: $185,000

Property Features

Limited Service: Not Limited Service

Commercial Type: Office; Retail; Warehouse

Sale Includes: Building & Land

Construction: Block; Brick

Roof System: Built-up

Floors: Concrete; Wood

Manufactured Homes: No HUD Tag

Water Description: Public Water

Sewer Description: Public Sewer

Topography: Level

Supplements

318 and 320 Salem Avenue were constructed from 1943 to 1945. 316 Salem Avenue was constructed before WW II and operated for some period as a bar. Originally, 318 and 320 Salem Avenue were an auto upholstery shop and Roanoke Glass Shop operated our of the back door in the alley. The owner had a hand pointing down painted on the brick at the top of the short alley on Campbell Avenue for advertising. The front of the building was remodeled in 1964 to accommodate AUTO Investment and Loan Corporation and Roanoke Glass Shop took over the rest of the building as the upholstery shop had gone out of business. The glass front was added as a facade to cover the old front in 1984 and if someone wants restore the old front they would have no problems as it is still in tack. The upper five windows were removed to facilitate the new glass with no mullions, other than that all is still there. There is a small basement, however most of it contains the old coal furnace and that takes up most of the space.

Listing Office: POE & CRONK REAL ESTATE GROUP

Last Updated: August - 09 - 2016

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