708 5Th ST
$319,000
708 5Th ST
Roanoke, VA 24016
23 days on market
Property Type
Commercial Sale
Year Built
1966
Lot Size
0.18 acres
Garage

About This Property

Buy this and rent each office or entire building or use it for your business! Experience this modern, upscale commercial building in the heart of Old Southwest Roanoke Zoned CN/Commercial Neighborhood that offers a rare opportunity for business owners and investors alike. This has 5-6 rooms for use (depending on your setup) not including receptionist area! Fully renovated with attention to both function and style. Inside, you'll find a flexible build-out featuring new walls, lighting, and electrical, along with a welcoming modern reception area and luxury vinyl tile flooring throughout. The space also includes an ADA-compliant restroom, kitchen/utility room, updated plumbing with a laundry hookup, and a programmable thermostat paired with an energy-efficient tankless water heater. Exterior upgrades add even more value, including a freshly paved parking lot completed in 2021, new gutters, upgraded gas and sewer lines, and window blinds that complement the interior. Designed with flexibility in mind, all framing has been completed with screws - making modifications simple should your needs change.

In addition to its move-in ready condition, the property presents a unique investment opportunity. The attached lot offers development potential with zoning that allows for a triplex, homes, or apartment building Zoned CN - expanding the value of this already desirable location.

Whether you are a medical professional, wellness practitioner, or investor seeking a versatile property for your business with long-term upside, this building delivers the perfect blend of modern updates and future potential. Make the experience real today!

Property Details

Interior

Exterior & Lot

Lot Size
0.18 acres
Year Built
1966

Location

County
City of Roanoke
ZIP Code
24016

Financial

Listing Terms
Annual Taxes
$1,771

Utilities

Sewer
Public Sewer

Schools

Heating

Natural Gas

Cooling

Electric

Location

Listing Information

MLS #
920679
Listing Agent
FRAZIER HUGHES
Listing Office
WALKER REAL ESTATE SOLUTIONS
Listed Date
May 23, 2026
Brian Deacon
Brian Deacon
Realtor®, Broker

Contact Brian Deacon About This Property

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