Featured Property:
1316 Jefferson Street - Virtual Tour
FOR LEASE - This recently remodeled space was built out for a physical therapy provider. It is in an historic building on both the trolley and bus lines and is seconds from Downtown, Roanoke Memorial, VT-Carilion School of Medicine, and other physician specialties. It is ready-to-go ADA-compliant space with plenty of parking. Tenant mix includes pain management center on upper floor.
Call Bryan or Richard for more information.
|
By the numbers
Downtown Use Conversion Makes Economic Sense
There have been a number of factors which have contributed to the recent trend of converting downtown industrial, retail and office buildings to residential uses.
Perhaps none are more compelling than the data below which show that, in downtown, owners can expect to achieve the highest income per square foot through a residential use.

Additionally the chart shows why it often makes more sense to convert industrial and retail to residential than it does to convert office space.
Some data provided by ~www.costar.com
|