(800) 951-3463    : :    (276) 632-3463   : :    324 East Church Street, Martinsville, VA 24112      

Property All Residential Land Lease Multi-Family Commercial	Price $0-$100,000 $100,000-$200,000 $200,000-$300,000 $300,000-$400,000 $400,000-$500,000 $500,000-$600,000 $600,000-$700,000 $700,000-$800,000 $800,000-$900,000 $900,000-$1,000,000 $1,000,000+	Location Any, VA Advance Ararat Austinville Axton Bassett Blairs Boones Mill Bristol Buffalo Junction Callands Callaway Cana Cascade Chatham Check Claudville Clover Collinsville Copper Hill Critz Culpepper Daleville Danbury Danville Danville City Dry Fork Dublin Dugspur Eden Fancy Gap Ferrum Fieldale Floyd Franklin County Fredericksburg Fries Galax Glade Hill Gretna Halifax Hardy Henry Hillsville Hurt Independence Indian Valley Ivanhoe Java Lambsburg Laurel Fork Lawsonville Long Island Lynch Station Martinsville Max Meadows Mayodan Meadows of Dan Meadows of the Dan Moneta Nathalie Other Patrick Springs Penhook Pittsville Radford Ridgeway Ringgold Roanoke Rocky Mount Salem Sandy Level Snow Creek South Boston Spencer Stafford Stanleytown Stuart Sutherlin Tazewell Union Hall Vernon Hill Vesta Vinton Willis Wirtz Woodlawn Woolwine Any, NC Ararat Belews Creek Boonville Danbury Dobson East Bend Eden Elkin Ennice Germanton Kernersville King Lawsonville Lowgap Madison Mayodan Mt. Airy Pfafftown Pilot Mountain Pine Hall Pinnacle Reidsville Rocky Point Sandy Ridge State Road Stoneville Tobaccoville Walnut Cove Westfield
Bedroom 0 or more 1 or more 2 or more 3 or more 4 or more 5 or more 6 or more 7 or more 8 or more 9 or more 10 or more 11 or more 12 or more 13 or more 14 or more 15 or more 16 or more 17 or more 18 or more 19 or more 20 or more 21 or more 22 or more 23 or more 24 or more 25 or more 26 or more 27 or more 28 or more 29 or more 30 or more 31 or more 32 or more	Bath 0 or more 0.5 or more 1 or more 1.5 or more 2 or more 2.5 or more 3 or more 3.5 or more 4 or more 4.5 or more 5 or more 5.5 or more 6 or more 6.5 or more 7 or more 7.5 or more 8 or more 8.5 or more 9 or more 9.5 or more 10 or more 10.5 or more

Income Producing US-58 Commercial Property – Tenant + Billboard Revenue (~8% Gross Return) Affordable commercial investment opportunity with existing income and strong highway visibility. Located along A.L. Philpott Highway (US-58) in Spencer, Virginia. This property offers excellent road frontage and steady traffic exposure in a well-traveled corridor of Henry County. The property is currently leased to a tenant on a month-to-month basis. In addition to the building tenant, the property also features a billboard that is leased annually to a local church, creating an additional source of income. Combined income from the tenant and billboard is estimated at approximately $12,000 annually, representing an estimated ~8% gross return at the current list price, with potential upside through future lease adjustments or expanded use. This 1 1/2 acre site has historically operated as an automotive and tire service location and is well suited for automotive service, contractor operations, equipment sales, small retail, or other service-based businesses. Strong highway visibility and easy access make this location attractive for a variety of commercial uses. Conveniently located with access to Martinsville, Bassett, and surrounding communities, This property presents an excellent opportunity to acquire a commercial asset with immediate income, visibility, and long-term flexibility. Income: ~$12,000/year Gross Return: ~8% Tenant: Month-to-month Additional Income: Billboard lease

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:
Rives Coleman
Office: 276-732-2859