Investment Property w/ 2nd Floor Residence-Downtown Roanoke

For Sale

22 Campbell Ave SE, Roanoke, VA 24011

This Roanoke property for sale is located at 22 Campbell Ave SE. The current listed sale price for Investment Property w/ 2nd Floor Residence-Downtown Roanoke is $799,000. Investment Property w/ 2nd Floor Residence-Downtown Roanoke is situated on a lot that is 0.05 acre in size.

Contacts

Krista Vannoy, CCIM, SIOR

Waldvogel Commercial Properties

Property Details

  • Property Type Retail - Street Retail
  • Property Size 4,400 SF
  • Units 2
  • Lot Size 0.05 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1902
  • Year Renovated 2021
  • Date Updated May 20, 2026
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, 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 Square to offer locally grown fruits, vegetables, flowers, plants, meats, cheeses, baked goods, and hand-crafted items. In every direction, a pulsing, vital downtown 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.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 business 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 July 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.
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Highlights

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

Attachments

Getting around

  • 91/100

    Walk Score ®

  • 52/100

    Transit Score ®

  • 85/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Roanoke, VA
  • Zip Code 24011

Points of Interest

  • Citgo

    0.41 miles

  • Exxon

    1.08 miles

  • Kroger

    1.52 miles

  • Walmart

    1.63 miles

  • Speedway

    1.94 miles

  • GoMart

    2.17 miles

  • 7-Eleven

    3.63 miles

  • ChargePoint

    5.28 miles

  • Tesla Supercharger

    7.81 miles

  • Center in the Square Garage

    0.03 miles

  • Five Market Street

    0.05 miles

  • Church Avenue Garage

    0.23 miles

  • Elmwood Lot

    0.31 miles

  • Carilion Community Hospital Parking

    0.46 miles

  • Rivers Edge North Park Parking Access

    1.29 miles

  • East Gate Park Parking

    1.92 miles

  • Carilion Clinic Family Medicine SE Parking

    2.03 miles

  • Mason Mill Park Parking

    2.06 miles

  • Fishburn Park Parking

    2.90 miles

  • Jimmy John's

    0.01 miles

  • Bayou Snowballs

    0.02 miles

  • Crescent City BBQ

    0.02 miles

  • The Hatch

    0.02 miles

  • Scrambled

    0.03 miles

  • Fork in the Market

    0.04 miles

  • Roanoke Weiner Stand

    0.04 miles

  • Frankie Rowland's Steakhouse

    0.05 miles

  • Awful Arthur's Seafood Company

    0.05 miles

  • Billy's

    0.05 miles

  • Roanoke Co+op downtown

    0.04 miles

  • Mast General Store

    0.13 miles

  • Sunnyside Market

    0.75 miles

  • S&S Grocery and Deli

    1.33 miles

  • Kroger

    1.45 miles

  • Towers Shopping Center

    1.47 miles

  • The Fresh Market

    1.52 miles

  • Earth Fare

    1.59 miles

  • Walmart Neighborhood Market

    1.64 miles

  • Food Lion

    1.95 miles

Contact Listing Broker
Krista Vannoy, CCIM, SIOR

Waldvogel Commercial Properties

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