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

Overview

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.

Listing Details MLS# 800860

Location, Tax & Legal

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
Major Area: 01 - City of Roanoke
Unit #: 2711, 2613
Tax ID: 1280617, 1280604, 1280615
Annual Taxes: 18591
Zoning Code: CG

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

Status Change Info

Ratified Contract Dt: 2014-12-23
Sold Date: 2015-05-20

Business Type

Type of Business (Historical Field): Car dealership

Remarks & Misc

Public Remarks: 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.
Directions: From I-581, take Wonju Street Exit to Franklin Road. Go Right on Franklin, approximately 0.3 mile to property on the right.

More Information

Limited Service

Not Limited Service: Yes

Commercial Type

Investment: Yes
Retail: Yes

Sale Includes

Building & Land: Yes

Heating

Natural Gas: Yes

Cooling

Electric: Yes

Water Description

Public: Yes

Sewer Description

Public Sewer: Yes

Manufactured Homes

No HUD Tag: Yes

Floors

Concrete: Yes

Topography

Level: Yes

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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