Multi-tenant retail office/retail building with a historically high occupancy rate. The building is currently 76% leased to an insurance office, a dentist office, a hair salon, and a retail store. The seller currently occupies one of the tenant spaces (24%) as a law office and is willing to leaseback the space for up to 3 years post closing. The majority of the existing leases are below market averages so there is an opportunity for an investor to create additional value. The site is improved with a paved parking lot containing 23 parking spaces and a pylon sign. Surrounding properties are improved with neighborhood shopping centers, fast food restaurants, bank branches, etc. Average Daily Traffic Count along Williamson Road is 12,000.
6711 Williamson RD (MLS #909329) is a commercial listing located in Roanoke, VA.
This commercial listing is 7,249 sqft and on a lot of 20,909 sqft (or 0.48 acres) and is 49 years old. This property was listed on 07/18/2024 and has been priced for sale at $799,900.
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Listing information courtesy of: KELLER WILLIAMS REALTY ROANOKE