Poe & Cronk Real Estate Group announces the sale of 325 Elm Ave., Roanoke, VA. The location’s high profile is a perfect fit for the new owner, which put a priority on excellent visibility during site selection for their new office.
This property measures 8,399 square feet on 0.65 acres. It sold for $1,150,000, with a price per square foot of $136.92. The Poe & Cronk team of Thom Hubard & Stephen Pendergrass marketed the property for sale. Our team helped structure the transaction and assisted all parties throughout a successful due diligence period.
Roanoke’s real estate market is experiencing continued demand for high-quality properties. We are happy to have played a role in bringing this transaction to a successful conclusion and look forward to seeing it come to life in the coming months.
For more information, please contact Stephen Pendergrass at spendergrass@poecronk.com or 540 855-3655.
About Poe & Cronk
Poe & Cronk is a locally owned and internationally recognized leading full-service commercial real estate company. The firm is comprised of a team of real estate professionals with more than 300 combined years of experience and more than $1B in real estate transaction knowledge in selling, leasing, and managing commercial, industrial, and investment real estate. In business for more than 30 years, Poe & Cronk provides commercial and investment real estate services throughout western Virginia.