Downtown Roanoke office condominiums at Jefferson Street and Day Avenue to sell at auction

ROANOKE, Va., Oct. 8, 2013 /PRNewswire/ -- Three office condominium units in downtown Roanoke will sell at auction Tuesday, Nov. 5, with Woltz & Associates managing the sale.

The units total approximately 21,000 square feet and make up the third, fourth and fifth floors of the 707 Building at Jefferson Street and Day Avenue. The property will sell subject to a minimum bid of $149,000 for the three units combined.

"Two of these units were formerly used by a law office and are built out with conference rooms, private offices and large work areas. The fifth floor was used by a medical practice and has private offices/exam rooms, large work areas and conference rooms," said Jim Woltz, president of the auction company.

"This is only a block or so from our offices here at Woltz, so I know how good a value it is. The minimum bid equates to only $7.10 per square foot, which is less than it would cost to lease this office space for a year," said Woltz.

The auction will begin at 11 a.m. Tuesday, Nov. 5, at the property. Woltz personnel will be available to guide inspections and provide detailed information from 4 to 6 p.m. Wednesday, Oct. 23 and 30. Individuals seeking additional information may visit www.woltz.com or call 540-342-3560.

Woltz & Associates, based in Roanoke, Va., is a leading auctioneer of commercial and residential properties, land, and other high-value real estate throughout the United States with an emphasis on Virginia and the Mid-Atlantic Region.

For more information:
Carl Carter, 205-823-3273

SOURCE Woltz & Associates

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