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:
9/18/2026
Last Modified:
9/18/2026
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 6 years remaining on the current lease. Lease terms extend automatically with 5 year increments. Rent increases 10% on June 1, 2027. GREAT opportunity for serious investors!
More Information MLS# 931550
Contract Information
Current Price: $1,992,950
List Price: $1,992,950
List Date: 2026-09-18
Status: Active
General Property Description
Construction Status: Completed
Year Built: 1960
Total Acreage: 0.92
Road Frontage: 302
Flood Area: No
On site Parking: Yes
Parking Spaces: 33
Parking SqFt: 5090
Gross Building SqFt: 3276
Retail SqFt: 3276
Lease Available: No
Basement Y/N: No
Total Bths: 1
Water Class: N/A
Location Legal Taxes
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
Lease Info
Lease Terms: NNN
Lease Amount: 127525
Lease Expires: 2031-06-30
Income Expenses
Net Operating Income: 127525
Miscellaneous Info
Equipment Pass: No
Inventory Included: No
Electric Description: 3 phase
Amps: 400
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment; Retail
Business Type: Other
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: September - 18 - 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.
