Commercial
$ 495,000.00
- Property ID: 37334
- MLS #: 135584
- Bathrooms: 3
- Year built: 1989
- Status: Active
- Listing Office: Rives S. Brown REALTOR
Description
Exciting investment opportunity! Incredible location on corner lot. 3,960 finished sq ft with additional 1,300 partially finished. Office suite on main level has 1,980 finished sq ft. A travel agency occupied the space from 1989 through 2019. Rented for $1650 monthly in a triple net lease ($19,800 annually). Lower level also has 1,980 finished sq ft & has a 3 yr lease for $1350 monthly in a triple net lease ($16,200 annually) with an option for an additional 3 yrs at higher rate. Lower level tenant has rented space since 2006. The top level with 1,300 square feet could easily be finished out. All 3 levels have their own electric meter, heat pump & water heater. The building is mostly brick with one end being vinyl so that an addition could easily be made. Tons of potential!
Location Details
- County: Martinsville City
Property Details
- Location/Subdivision: Martinsville
- Apx Total Acres: 0.676
- Apx Bldg SqFt: 3960 sq ft
- # Levels: 3
Miscellaneous
Courtesy of
- Office Name: Rives S. Brown REALTOR
This style property is located in is currently Commercial and has been listed on Blue Ridge Mountain Real Estate, LLC. This property is listed at $ 495,000.00. It has bedrooms, 3 baths bathrooms, and is . The property was built in 1989 year.
