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!
|Address:||156 Market Street|
|Location:||Martinsville, VA 24112|
|Size:||3960 Square Feet|
$ 1,834 Per Month*
Based on a 30-year fixed rate of 3.75% with 20% down.
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