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Property Type: Commercial Sale
Status: Active
Year Built: 1950
Lot Acreage: 0.66
City Taxes: $322.10
County Taxes: $1,385.03
Excellent investment opportunity in a prime Abingdon, Virginia location! Situated along highly traveled West Main Street with excellent visibility, convenient access, and close proximity to shopping, dining, professional services, residential neighborhoods, and I-81, this versatile property offers tremendous potential for investors and business owners alike. The property currently features four rental units generating a combined $4,100 per month, or $49,200 in gross annual rental income. The main building offers the flexibility for continued residential use or potential conversion to professional office or commercial space. Two additional buildings provide garage, storage, workshop, or potential commercial space, while the expansive paved area offers ample parking and room to accommodate a variety of uses. With multiple structures, established rental income, excellent road frontage, and a highly visible location along one of Abingdon's primary commercial corridors, this property offers a unique opportunity for continued investment, owner occupancy, redevelopment, or future expansion. Buyers and buyer's agent to verify all information.
Listing courtesy of KW Bristol · MLS #10001164 · Information deemed reliable but not guaranteed.