4026 Melrose AVE NW, Roanoke, VA 24017

$1,500,000

Property Type: Commercial Lot Size (sq. ft.): 48,352 Status: Active

Current Price: $1,500,000 List Date: 6/23/2026 Last Modified: 6/23/2026

Overview

Description

Regarding prime property available in Roanoke, VA. This location is an ideal site for a future super gas station or a new restaurant franchise, as there is currently no competition for several blocks. The offering includes three prime lots with excellent parking. The location sees significant traffic, with approximately 400 cars traveling both east and west every hour. This is a remarkable opportunity for a developer looking to bring a new vision to life in a high-traffic area. in the City of Roanoke, Va

Listing Details MLS# 928752

Location, Tax & Legal

Area: 0140 - City of Roanoke - NW
Street Number: 4026
Street Name: Melrose
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: 1966
Total Acreage: 1.11
Road Frontage: 150
Flood Area: No
Gross Lot SqFt: 1.11
On site Parking: Yes
Gross Building SqFt: 11642
Lease Available: No
Water Class: N/A

More Information

Property Features

Limited Service: Not Limited Service Commercial Type: Investment; Retail; Warehouse Business Type: Fast Food; Fitness; Gas Station Sale Includes: Building & Land Construction: Brick Manufactured Homes: No HUD Tag Water Description: Public Sewer Description: Public Sewer Topography: Level

Listing Office: PALMER REALTY GROUP LLC

Last Updated: June - 23 - 2026

All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.