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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!

135584 Active 1989 3 3/19/21
Price: $ 495,000
Address: 156 Market Street
Location: Martinsville, VA 24112
Bathroom: 3 Baths
Size: 3960 Square Feet
Lot: 0.676 Acres
Estimated Payment: $ 1,834 Per Month*
Based on a 30-year fixed rate of 3.75% with 20% down.
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BROKERED BY:
Rives S. Brown REALTOR
324 E. Church St. (P.O. Box 472)
Martinsville,VA 241142909

Phone: 276-632-3463
Fax: 276-638-8626

PRESENTED BY:
Beverley Coleman
Office: 276-806-0791

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