Address
966 West Main Street, Abingdon, VA
Price
$ 1,294,375
Property Attributes
  • MLS#9932576
  • TypeCommercial
  • CountyWASHINGTON
  • CityAbingdon
  • Zip24210
  • StyleProfessional/Office
  • Year Built1985
  • Taxes$ 12865
  • Price$ 1,294,375
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12000
  • Lot Size1.3 Acres
Data Source:
Tennessee Virginia Regional MLS (NETAR)
Property Description

360 walkthrough of the property with interior pics, Rent information, Listing sheet, Aerial Photos at the following website: https://Prestige-Homes.vr-360-tour.com/e/CkwBfjYRcjM/eGreat investment property in a great location in Abingdon. If you are just starting your investment portfolio, this makes a PERFECT flag ship property. The owners built it in 1989 and have had very little trouble keeping it rented through the decades. The net income currently is $50,483. The gross income is $96,840. The potential gross income could be over $105,000 as there is one office space currently being used by the owners for storage. It could rent for $1000 to $1200 a month potentially. The bank building has been sold and the owners are in the process of adjusting boundaries to create 2 parcels. The traffic count in front of the complex in years past has been 50,000 daily as it is a main highway. The larger office suites have an electric combination gas furnace hvac system. AC in the building on the left when entering the complex is also hvac with gas furnace. The suites in the back have HVAC systems only. The property has been continually upgraded and maintained over the course of its life making it a solid investment for the next owner. Attached are copies of the current rent rolls and building layouts. If you or your buyer have more questions, we would be happy to accomodate any information sought. Serious inquiries only. Showings can occur after hours when tenants have left for the business day. Contact agent for showings.

Price History
1/7/2022 Listed $1,294,375

General Features

Business Type Other, Professional/Office
Complex/ind Park NA
Financing Cash, Conventional
Heating Heat Pump, Natural Gas
Other Equipment Additional Building(s), Exterior Lights, Fire Alarm, Inside Storage, Lighting-Fluorescent, Refrigerator
Property Condition Above Average
Property Type C
Roof Shingle
Sewer Public Sewer
Water Public
Zoning O

Exterior Features

Exterior Finish Brick, Vinyl Siding
Lot Size 164x117x145x226x306x125
Number of Parking Spaces 20
Road Access City Street, Highway

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 24210

Price
AVG $490K
$1.29M
Taxes
AVG $2,865
$12,865
Visits
AVG 22
253
Year Built
AVG 1965
1985
Walkscore
AVG 41
41
Data Provided by Walkscore ® not using MLS data

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