1626 Orange AVE NW, Roanoke, VA 24017

New Listing
$1,992,950
Property Type: Commercial Baths: 1 Lot Size (sq. ft.): 40,075 Status: Active
Current Price: $1,992,950 List Date: 9/18/2026 Last Modified: 9/18/2026

Overview

Description

Incredible Commercial Investment opportunity!! Land and building for sale only with a NNN Lease, current tenant is Family Dollar Store, and at the time of the listing there are about 6 years remaining on the current lease. Lease terms extend automatically with 5 year increments. Rent increases 10% on June 1, 2027. GREAT opportunity for serious investors!

Listing Details MLS# 931550

Location, Tax & Legal

Area
0140 - City of Roanoke - NW
Street Number
1626
Street Name
Orange
Street Suffix
AVE
Street Direction Sfx
NW
State/Province
VA
Zip Code
24017
Municipality
City of Roanoke

General Property Description

Construction Status
Completed
Year Built
1960
Total Acreage
0.92
Road Frontage
302
Flood Area
No
On site Parking
Yes
Parking Spaces
33
Parking SqFt
5090
Gross Building SqFt
3276
Retail SqFt
3276
Lease Available
No
Basement Y/N
No
Total Bths
Yes
Water Class
N/A

Lease Info

Lease Terms
NNN
Lease Amount
127525
Lease Expires
2031-06-30

Income Expenses

Net Operating Income
127525

Miscellaneous Info

Equipment Pass
No
Inventory Included
No
Electric Description
3 phase
Amps
400

More Information

Property Features

Limited Service: Not Limited Service Commercial Type: Investment; Retail Business Type: Other Sale Includes: Building; Building & Land Construction: Metal Siding Heating: Electric Cooling: Electric Manufactured Homes: No HUD Tag Additional Features: Other - See Remarks Water Description: Public Sewer Description: Public Sewer Water Heater Type: Tank Water Heater Energy: Electric Documents Available: Topo/Aerial Map Topography: Level
Listing Office: MAC WESTLAND REAL ESTATE GROUP
Last Updated: September - 18 - 2026
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