
Calvary Baptist Church in Roanoke Sells to a Local Developer
ROANOKE, VIRGINIA: Cushman & Wakefield | Thalhimer is pleased to announce the sale of Calvary Baptist Church, a landmark building in downtown Roanoke that has transferred to a third party for the first time following a century of productive use and service. The historic sanctuary was built in 1925, and the congregation itself dates to 1891.
Located at 608 Campbell Avenue SW at the corner of Campbell Avenue SW and 6th Street SW in Roanoke, Virginia, the 55,000+ square foot building is situated on a +/- 1.68 acre site less than a mile from the downtown core.
DoCalvary, LLC, an entity affiliated with Macado’s restaurant chain owner Richard Macher, purchased the property from the church on December 1, 2022 for $1,150,000 with plans to redevelop. According to Thalhimer, the developer’s plans are not yet specified, but Calvary Baptist Church has strong potential for a historic tax credit project.
Clay Taylor, CCIM and Wyatt Poats of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller; Barry Ward, also with Thalhimer, represented the purchaser.
About Cushman & Wakefield | Thalhimer
Thalhimer was founded in 1913 and currently has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke, Charlottesville, and Lynchburg, VA. The company has nearly 100 broker professionals and employs over 425 associates. Thalhimer represents, on behalf of its clients, a property portfolio of over 55 million leasable square feet, and management of over 30 million square feet of commercial property, and over 10,000 multifamily units. In 2021, Thalhimer completed over 2,300 transactions with a transactional volume more than $2.2 billion. Thalhimer is the region’s leading provider of comprehensive commercial real estate services. The firm offers comprehensive commercial real estate services including corporate services, investment sales, tenant representation, project management, asset management, and the sale and leasing of office, industrial and retail properties.
To learn more, visit www.thalhimer.com or follow @Thalhimer on Twitter.
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About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and approximately 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
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