Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, December 13, 1994                   TAG: 9412130052
SECTION: BUSINESS                    PAGE: B8   EDITION: METRO 
SOURCE: MAG POFF STAFF WRITER
DATELINE:                                 LENGTH: Medium

SIDNEY'S STORE TO BE LAW OFFICES

The building at Jefferson Street and Kirk Avenue is under contract for sale for $125,000 to a limited-liability company. The deal is expected to close Dec. 27.

Lawyers who are partners in the company are Eugene M. Elliott Jr., Roy V. Creasy and John R. Patterson. They now share office space in the First Union Bank Building and will relocate their practices to the new location.

The transaction was brokered by Michael M. Waldvogel of Waldvogel, Poe & Cronk Real Estate Group Inc.

The building contains 17,000 square feet on two floors. Waldvogel said Monday that all the space, including an upper floor, will be remodeled for the law offices. Renovations will begin after the first of the year.

The building was purchased from another real estate holding company, 22 Luck Avenue Associates, composed of the partners in the law firm of Rider, Thomas, Cleaveland, Ferris and Eakin.

They had bought the building from First Union National Bank, which had foreclosed in the bankruptcy of the now-closed Sidney's chain.

This is the second building in the block to be purchased and renovated recently. The Roanoke accounting firm of Budd, Ammen & Co. is renovating the old John Norman building on Jefferson Street next to Sidney's for its practice.

Waldvogel said that leaves only one empty building in the block, which once was completely vacant. That is the Pythian Building at Jefferson Street and Franklin Road, where the ground floor formerly was occupied by an office supply company.