605 1ST ST SW, Roanoke, VA 24011
$615,000
Property Type:
Commercial
Baths:
6
Lot Size (sq. ft.):
21,780
Status:
Closed
Current Price:
$615,000
List Date:
2/10/2014
Last Modified:
9/15/2024
Description
Beautiful, historic downtown Roanoke property built in 1930. Former YWCA with three full floors and a usable basement. Building includes an indoor pool, an auditorium with a stage, and a gymnasium with a full size basketball court (all on different floors). Large common areas on first floor. Multiple small rooms on upper floors (used as residential rooms by YWCA). High ceilings throughout.
Supplements: The price on this property has been significantly reduced. The property presents a great opportunity for redevelopment for residential or hospitality use, health/wellness, recreation, educational or religious facility, or office. Sale includes two parcels - second parcel can provide parking for the building, or be further developed. Basement area (usable space) adds 9,981SF to the overall building size. Historic tax credits may be available
More Information MLS# 800588
General Property Description
Lot Dimensions: 81x135 and 88x126
Construction Status: Completed
Total Acreage: 0.5
Road Frontage: 169
Flood Area: No
On site Parking: Yes
Basement Y/N: Yes
Parking Spaces: 20
Water Class: N/A
Gross Building SqFt: 28167
Lease Available: No
Year Built: 1930
Total Bths: 6
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Subdivision Map: Downtown
Legal: Lot 19 Blk 6 SecSW2 OS & TractA-1A Blk 6 OS Sec SW
Tax ID: 1013207 & 1013225
Annual Taxes: 21335
Area: 0110 - City of Roanoke - Downtown
Street Number: 605
Street Name: 1ST
Street Suffix: ST
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24011
Municipality: City of Roanoke
Remarks & Misc
Directions: From I-581, Elm Avenue west to Right on Jefferson Street, Left on Franklin to property on left at corner of Franklin Road and 1st Street.
Limited Service
Not Limited Service: 1
Commercial Type
Investment: 1
Office: 1
Views
City: 1
Business Type
Type of Business (Historical Field): Recreation Center
Sale Includes
Building & Land: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Levels
Three Or More: 1
Contract Information
Current Price: $615,000
Sold Price: $615,000
List Date: 2014-02-10
Status: Closed
Status Change Info
Ratified Contract Dt: 2014-03-01
Sold Date: 2014-08-04
Sold Price: $615,000
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment; Office
Sale Includes: Building & Land
Levels: Three Or More
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Public Sewer
Listing Office: WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: September - 15 - 2024
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