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32793409
32793408

22 Campbell Ave SE, Roanoke, VA 24011 For Sale

Waldvogel Commercial Properties
MW
VA 0225079460, NC 175708
Waldvogel Commercial Properties
Listed by Waldvogel Commercial Properties
$799,000
251 days on market
Updated 14 days ago
Opportunity zone

22 Campbell Avenue SE

Details
APN 4010316
Property Type Mixed Use
Sub Type Retail/Residential
Square Footage 4,400
Units 2
Occupancy 50%
Lease Term 5
Lease Expiration 03/31/2030
Remaining Term 3.7
Price per SqFt $182
Broker Co-Op Yes
Year Built 1902
Year Renovated 2021
Buildings 1
Stories 2
Acreage 2197.000
Zoning D-Downtown
Lease Commencement 04/01/2025
Ground Lease No

Mixed Use | 4,400 SqFt

Marketing description

Strategically positioned in the midst of vibrant Downtown Roanoke, this two-unit, fully sprinklered 4,400 SF building seamlessly blends historic charm with modern convenience and presents an exceptional opportunity for investors. As Downtown Roanoke is home to more than 900 businesses and 2600 residents, 22 Campbell Avenue SE is accessible and highly visible. The glass-front first floor is configured as a street-level retail space that includes a half restroom and is available for occupancy as of September 1, 2026.

The second floor has been renovated into an attractive, modern 2bd/2bth residence (2021) and is available for new occupancy as of February 1, 2026. Recessed lighting, granite and hardwoods throughout, with the potential to develop a rooftop deck. Striking large windows overlook Campbell Avenue and flood the main living area with ambient light. Each spacious bedroom is endowed with an en suite full bathroom, and the primary bedroom with a generous closet. Preferential parking available through PARK Roanoke's Residential Parking Programs.

22 Campbell Avenue SE presents a sleek and sophisticated investment prospect for an owner-resident seeking supplemental income to offset living expenses or for anyone looking to diversify a portfolio.

Immersed in a walkable array of local restaurant, retail, and cultural venues, 22 Campbell Avenue's central position in the Historic Roanoke City Market area amplifies its intrinsic curb appeal. Notable nearby destinations include Frankie Rowland's Steakhouse, Alexander's, a variety of ethnic cuisines, breweries, independent galleries, The City Market Building, The Taubman Museum of Art, and Elmwood Park.

Immediately across the street lies the iconic Center In the Square, home to the Mill Mountain Theatre, The Science Museum of Western Virginia, Kids Square, Six and Sky Roof Top Grille and other attractions.

A few paces beyond Center in the Square, the vendors of the beloved Farmers Market line the covered walkway of Market Street to offer locally grown fruits, vegetables, flowers, plants, meats, cheeses, baked goods, and hand-crafted items.

From every direction, a pulsing, vital Downtown Roanoke ecosystem beckons and promises to support 22 Campbell Avenue's next occupants.

Convenient to I-581 and I-81 and only 10 minutes from the Roanoke-Blacksburg Regional Airport.

Investment highlights

  • Central, high-traffic location
  • Convenient to I-581, I-81 and Roanoke-Blacksburg Regional Airport
  • First floor available for occupancy September 1, 2026
  • Second floor 2bd/2bth Residential unit nicely renovated in 2021
  • Fully sprinklered throughout
  • Existing freight elevator

Listing Contacts

Waldvogel Commercial Properties
MW
VA 0225079460, NC 175708
Waldvogel Commercial Properties
Listed by Waldvogel Commercial Properties

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