REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 150,000
Est. payment /mo
New
506 1st ST SW Roanoke, VA 24011
5,663 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Municipality Adjecent from Martin's Restaurant in Downtown Roanoke.
MLS Listing ID 926792
Year Built 1930
Lot Size 5,663 Sqft
Property Sub-Type 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
Location
State VA
County City Of Roanoke
Direction Adjecent from Martin's Restaurant in Downtown Roanoke.
Exterior
Garage Spaces 16.0
Listed by WOLTZ & ASSOCIATES
Nearby Locations