$3,600,000
2711 FRANKLIN RD SW, 2711, 2613
Roanoke, VA 24014
MLS# 800860



2711 FRANKLIN RD SW, 2711, 2613, Roanoke, VA 24014
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2711 FRANKLIN RD SW, 2711, 2613, Roanoke, VA 24014 2711 FRANKLIN RD SW, 2711, 2613, Roanoke, VA 24014

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
Type of Business: Car dealership
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
Major Area: 01 - City of Roanoke
Area: 0130 - City of Roanoke - SW
Street Number: 2711
Street Name: FRANKLIN
Street Suffix: RD
Street Direction Sfx: SW
Unit #: 2711, 2613
State/Province: VA
Zip Code: 24014
Municipality: City of Roanoke
Tax ID: 1280617, 1280604, 1280615
Annual Taxes: 18591
Zoning Code: CG
Remarks & Misc
Directions: From I-581, take Wonju Street Exit to Franklin Road. Go Right on Franklin, approximately 0.3 mile to property on the right.
Status Change Info
Ratified Contract Dt: 2014-12-23
Sold Date: 2015-05-20
Sold Price: $3,100,000
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment; Retail
Sale Includes: Building & Land
Heating: Gas Heat
Cooling: Electric
Floors: Concrete
Manufactured Homes: No HUD Tag
Water Description: Public Water
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: May - 20 - 2015


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