Waldvogel Commercial Properties Brokers Sale of Downtown Roanoke Building – in 19 Days!

130 Church AvenueWaldvogel Commercial Properties has brokered the sale of the building at 130 Church Avenue in Downtown Roanoke. It is the former office of J.M. Turner, Inc. Michael M. Waldvogel, CCIM, SIOR and Krista Vannoy, CCIM were the listing and selling agents. The property went under contract just 19 days after going in the market, and closed June 28 for $1.1 million.

The two-story, 9,389-square-foot building was built in 1949 and renovated in 1993. The buyer is AA Properties – Church Avenue, LLC and the building will be used as offices for Associated Asphalt.

“The speed of this transaction certainly speaks to the desirability of a Downtown Roanoke business location,” said Waldvogel.

Waldvogel Commercial Properties Brokers Sale of Roanoke City Shopping Center

Creekside CenterWaldvogel Commercial Properties has brokered the sale of Creekside Center, a 16,800-square-foot retail shopping strip, located at the corner of Peters Creek Road and Shenandoah Avenue in Roanoke City. Michael M. Waldvogel, CCIM, SIOR and Krista Vannoy, CCIM were the selling agents.

The shopping center was built in 2005. It sold for $905,000.

“This is a vibrant shopping center at the intersection of two well-traveled corridors,” said Waldvogel. He noted that space is available.

Waldvogel Commercial Properties Brokers Sale of Commonwealth Drive Building

Waldvogel Commercial Properties has brokered the sale of a 6,094-square- foot office/warehouse building located in the Commonwealth Industrial Park in Southwest Roanoke County. The building, 6550 Commonwealth Drive, sold for $460,000. Atlantic Construction Inc. purchased it from JJJ Partnership. Michael M. Waldvogel, CCIM, SIOR and Krista Vannoy, CCIM were the listing agents.

Friendship Retirement Community Project Gets State Nod

The proposed Friendship Retirement Community nursing home in Southwest Roanoke County has received final approval from state health regulators. Waldvogel Commercial Properties represents Friendship in the purchase of the 10-acre parcel on Starkey Road.

In a written decision, Virginia Health Commissioner Cynthia Romero determined there is a public need for a 120-bed nursing home on Starkey Road. Friendship plans to move 120 beds from its 373-bed facility on Hershberger Road to the new location, placing residents closer to their homes and families in Southwest Roanoke County while allowing more room for those who remain at the existing home.

The Roanoke County Board of Supervisors already has approved a rezoning and special use permit. Construction is expected to be completed by March 2015.

Read the full story here.

Waldvogel Commercial Properties Assists R&K Solutions in its Move to a New Location

Waldvogel Commercial Properties assisted R&K Solutions, a property management software firm, in its move to a new corporate headquarters. R&K Solutions, which has about 70 employees, is completing renovations to its new Frontage Road home. Waldvogel Commercial Properties provides leasing and property management for the Frontage Road property and represented the owner, Delta Dental of Virginia, in this transaction.

Read the full story here here.