5976 Virginia Ave
6,643 SF 100% Leased Retail Building Pembroke, VA 24136 £618,816 (£93.15/SF)
INVESTMENT HIGHLIGHTS
- Property includes a subway, a 2600 SF garage, a 2 BR/1BA apartment and more!
- Potential upside with the leasing of several unutilized storage units.
- Strong rental history with several income streams.
- 1,000 SF of unfinished space perfect for an conversion to an additional apartment.
EXECUTIVE SUMMARY
Mixed-Use Multi-Tenant Income Property with Substantial Cash Flow located on a .75 acre Corner Lot on US Rte 460 in Giles County with daily traffic count of 13,000+ vehicles/day. Uses include a Subway, 29 self storage units, a 2600 Sq Ft garage, a 2 Br/1Ba apartment, a small retail storefront, and a 1000 sq ft unfinished space suitable for another apartment. With multiple buildings, the roof types and heating and AC varies. Property is fully occupied other than a few storage units. Strong Rental History. Great investment. Tax ID numbers include 42B-2-38, 42B-2-39, and 42-85B.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,643 SF
Building Class
C
Year Built
1993
Price
£618,816
Price Per SF
£93.15
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
0.20
Lot Size
0.75 AC
Zoning
PB-1
Parking
14 Spaces (2.11 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £220,376 | |
| Land Assessment | £132,504 | Total Assessment | £352,880 |
