$790,000
961, 967 West Main Street
Abingdon, VA 24210
MLS# 9936705
Status: Closed
15240 sqft


Front 3
  1 / 16  
Front 3 Front 2 Front 1 IMG_4725 IMG_4726 IMG_4727 IMG_4728 IMG_4729 0214222011_HDR 0223222027_HDR (1) 0214222012_HDR Back acreage 1 Back acreage 2 Back Acreage 3 Back Acreage 4 Back Acreage 5

Property Description
Excellent property right off main street and close to exit 14 in Abingdon. Great investment property with plenty of room to grow. The 2 buildings on this parcel together bring in 3500 a month with the potential for rate increase. There is a 1.2 acre undeveloped flat lot behind the restaurant and retail building that could be utilized for a number of developments. From Storage buildings to multi-family housing new construction. Adjacent to this property is additional acreage and buildings that could be bought seperately if larger scale development was being sought. Main street that runs in front of the property has historically had high numbers of cars coming past this parcel that are accessing Highway 11, Highway 19 and Main street into downtown Abingdon. There are over 20 parking spaces for the shared parking lot in front and additional parking in the back of both buildings.

Details
Maps
Location, Tax & Legal Info
Lot #: TRC 1 & 2
Parcel ID: 104a62, 104a61
Deed Book #: 190001286 Doc#
Deed Page #: 190001286 Doc#
City Taxes: 2331.84
County Taxes: 4996.8
Contract Info
List Price/SqFt: 52.43
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 799000
Current Price: $790,000
Listing Date: 2022-04-20
General Property Description
Acres: 2.7
Lot Size: 450X250X283X450
Zoning: Commercial
Stories: 1
Total SqFt Finished: 15240
Total SqFt Unfinished: 0
Annual Lease $: 39600
Year Built: 1960
Total SqFt: 15240
Remarks & Misc
Directions: From exit 14 head north on Old JonesBoro. Turn right on West Main street, property on left.
Property Condition
Average: 1
Business Type
Restaurant: 1
Retail: 1
Shopping: 1
Exterior Finish
Wood Siding: 1
Other: 1
Other Equipment
Fire Sprinkler System: 1
Lighting-Fluorescent: 1
Security System: 1
Other: 1
Roof
Metal: 1
Road Access
Highway: 1
Township Road: 1
Electric Service
220 Volts: 1
Development Status
Raw Land: 1
Heating
Heat Pump: 1
Info Available
Leases: 1
Profit/Loss Statement: 1
Rental Roles: 1
AC
Heat Pump: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
Other: 1
Financing
Cash: 1
Conventional: 1
Sale Includes
See Remarks: 1
Location Tax Legal Info
Street #: 961, 967
St Direction: West
Street Name: Main
St Suffix: Street
County: Washington
State/Province: VA
Zip Code: 24210
Area: 500 - Abingdon
Status Change Info
Date Pending: 2022-05-05
Sold Date: 2022-07-05
Sold Price: $790,000
Property Features
Property Condition: Average
Business Type: Restaurant; Retail; Shopping
Exterior Finish: Wood Siding; Other
Other Equipment: Fire Sprinkler System; Lighting-Fluorescent; Security System; Other
Roof: Metal
Electric Service: 220 Volts
Development Status: Raw Land
Heating: Heat Pump
AC: Heat Pump
Water: Public
Sewer: Public Sewer
Road Access: Highway; Township Road
Info Available: Leases; Profit/Loss Statement; Rental Roles
Restrictions: Other
Financing: Cash; Conventional
Sale Includes: See Remarks

Listing Office: Prestige Homes of the Tri Cities, Inc.

Last Updated: July - 05 - 2022

Information deemed reliable but not guaranteed.


Call Now Button