1626 Orange AVE NW, Roanoke, VA 24017
$1,992,950
Property Type:
Commercial
Baths:
1
Lot Size (sq. ft.):
40,075
Status:
Active
Current Price:
$1,992,950
List Date:
2/10/2025
Last Modified:
10/15/2025
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 7 years remaining on the current lease. Lease terms extend automatically with 5 year increments. Rent increases 10% on June 1, 2026. GREAT opportunity for serious investors!
More Information MLS# 914242
General Property Description
Construction Status: Completed
Total Acreage: 0.92
Road Frontage: 302
Flood Area: No
On site Parking: Yes
Basement Y/N: No
Parking Spaces: 33
Water Class: N/A
Parking SqFt: 5090
Gross Building SqFt: 3276
Retail SqFt: 3276
Lease Available: No
Year Built: 2016
Total Bths: 1
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Legal: Sclr Realty Ii Llc Family Dollar Store #31518
Tax ID: 222-1601
Annual Taxes: 9751
Zoning Code: CN
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
Remarks & Misc
Directions: From 10th St, west on Orange Ave to property on Left.
Limited Service
Not Limited Service: 1
Construction
Metal Siding: 1
Commercial Type
Investment: 1
Retail: 1
Business Type
Type of Business (Historical Field): Retail
Sale Includes
Building: 1
Building & Land: 1
Heating
Electric: 1
Lease Info
Lease Terms: NNN
Lease Amount: 127525
Lease Expires: 2031-06-30
Miscellaneous Info
Equipment Pass: No
Inventory Included: No
Electric Description: 3 phase
Amps: 400
Cooling
Electric: 1
Income & Expenses
Gross Income: 127525
Water Description
Public: 1
Documents Available
Topo/Aerial Map: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Water Heater Type
Tank: 1
Water Heater Energy
Electric: 1
Additional Features
Other - See Remarks: 1
Topography
Level: 1
Contract Information
Current Price: $1,992,950
List Price: $1,992,950
List Date: 2025-02-10
Status: Active
Income Expenses
Net Operating Income: 127525
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment; Retail
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: October - 15 - 2025
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.