First Campbell Square
Category: For Sale
Address
34 Campbell Ave SW
Roanoke, VA 24011
Details
Poe & Cronk Real Estate Group presents First Campbell Square in downtown Roanoke available for new ownership for the first time in almost 40 years! This prominent downtown office building features five stories of rentable office space with a stable high-quality tenant mix offering in-place income with a significant value-add opportunity for an investor or owner/user. The diverse tenant mix at First Campbell Square features federal and state government agencies along with private sector professional and medical service companies.
The U.S. General Service Administration occupies approximately thirty-five percent (35%) of the building and the Commonwealth of Virginia occupies twenty-four percent (24%) of the rentable building area. The available space in the building would be ideal for an owner occupant needing space for their own business while generating additional long-term value through higher occupancy. An investor owner can realize a significant gain through a stabilized occupancy rate with a higher net operating income ballooning the market value of the asset.
First Campbell Square is located in the heart of the central business district of downtown Roanoke. Downtown Roanoke is a vibrant and walkable area with a diverse mix of retail, residential and restaurants within close proximity. Investment in the downtown Roanoke area is at an all-time high. First Campbell Square is situated across Campbell Avenue from The Bower, a new $25 Million mixed-use development featuring retail spaces and 90 residential living units.
Multiple parking options are available from street parking to public and private parking garages and surface parking lots.
Nearby Downtown Parking
- Premium Parking Kirk Lot15 Kirk Ave W (220 feet E)
- Church Avenue Garage121 Church Ave SW (464 feet SW)
- Warehouse Row Lot123 Salem Ave SW (471 feet NW)
- Premium Parking Pollard Lot107 Salem Ave W (472 feet NW)
Nearby Restaurants
- Stellina104 Kirk Ave SW (191 feet SW)
- Fortunato104 Kirk Ave SW (206 feet SW)
- Lucky18 Kirk Ave (259 feet SE)
- Waffle Cone1 Campbell Ave SW (443 feet NE)
Nearby Shopping
- Left of Center Art Space24 Campbell Ave SW (142 feet NE)
- Art on 1st300 1st St (151 feet SW)
- LinDor Arts306 First St (225 feet S)
- The Aurora Studio Center110 Campbell Ave SW (238 feet NW)
Nearby Attractions
- The Spot on Kirk22 Kirk Ave SW (216 feet SE)
- Pearl Fu Plaza23 Church Ave SW (325 feet SE)
- Kids Square1 Market Sq (487 feet SE)
- June M. McBroom Theatre at Community High School302 Campbell Ave SE (608 feet W)