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506 1st St Sw, Roanoke, VA 24011

$150,000
  • 506 1st St Sw, Roanoke, VA 24011 Main Photo

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New to the Market Active
MLS#926792
STATUSActive PROPERTY TYPECommercial - Investment

Property Description

Auction Property: List price is required by MLS and does not reflect final sales price. Perfectly positioned in the heart of downtown Roanoke, this parking lot will be offered at auction on June 16th, 2026. Opportunities like this don't come around often. Private parking in a high-traffic, downtown location is limited, and demand continues to grow. The property sits directly across from Sidecar, Martin's Downtown Bar & Grill, and Jaybird Tavern, putting this lot right in the middle of consistent daily and nightlife traffic.All 16 spaces are currently on a month-to-month private lease for $60 per spot, per month, offering immediate income for an investor or a practical solution for a business owner needing dedicated parking.Downtown Roanoke isn't getting more parking, supply is low...co

506 1st St Sw | MLS# 926792

This commercial property located at 506 1st St Sw, Roanoke, VA 24011 is currently listed for sale with an asking price of $150,000. Search Roanoke real estate on www.mkbrealtors.com today.

Property Features

Property Type: Commercial - Investment
Lot Size: 0.13 Acres
Taxes: $1,033
Year Built: 1930

Feature Descriptions

Commercial Type: Investment
Days on Site: 6
Exterior: Other - See Remarks
Lot Dimensions: 0.13 acre(s)
Parking Spaces: 16.00
Sewer: None
Water: None

Listed By / Shown By

Listed By

Agency Name: WOLTZ & ASSOCIATES
Agency Phone: (540) 342-3560

Shown By

Agency Title: MKB, REALTORS
Agency Phone: 540-989-4555

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