216 12TH ST NW

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216 12TH ST NW

ROANOKE, VA 24017
Asking Price
Contact for price
Asset Type
Mixed-use
Class
Class B

What's Special

Former Firehouse Available for Sale <p></p><p><strong>±2,604 SF Multi-Level Layout: </strong>Two-story commercial building with a flexible floor plan.</p><p></p><p><strong>Strategic Location:</strong> Positioned adjacent to the Shenandoah Industrial Corridor and easy driving distance to Downtown Roanoke.</p><p></p><p><strong>First-Floor Utility: </strong>Features high ceilings and double-door front entry for easier access.</p><p></p><p><strong>Paved Rear Area: </strong>Includes a fenced and paved lot at the back of the property fo

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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