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Lincoln Commerce Center 104-110 S Hill Ave, South Hl 14,362 SF 100% Leased Office Building South Hill, VA 23970 $850,000 ($59.18/SF)
INVESTMENT HIGHLIGHTS
- Corner lot on busy downtown street
- Currently has cash flow with room to expand!
- Multi-family options with special use permit
EXECUTIVE SUMMARY
Multi-Tenant Historic Corner Building – Professionally Managed Commercial Asset
Offered for sale is a historic three-story corner building comprised of multiple commercial spaces with a diverse tenant mix that includes home health care, yoga studio, restaurant use, and private professional offices.
The property features two street-level storefronts with expansive glass frontage and open interior layouts, providing strong visibility and accessibility. All commercial spaces are currently leased with the exception of three individual office suites, presenting near-term leasing upside.
First Floor:
- Restaurant tenant leased through end of 2026
- Yoga studio
- AmeriCare Plus (home health care)
- Additional individual office suites
Second Floor:
- Fully built out with individual office suites
- Men’s and women’s restrooms
- Two common waiting area
- Shared kitchen
Third Floor:
- Original hotel-style floor plan (former hotel use)
- With a special use permit and required municipal approvals, the layout may support future multifamily residential use
The property is under professional management, providing established operational oversight. The building is equipped with an elevator, which is currently inoperable and will require repair.
This offering represents a stable, mixed-use investment with diversified tenancy, professional management, and future redevelopment or conversion potential, subject to local approvals.
Offered for sale is a historic three-story corner building comprised of multiple commercial spaces with a diverse tenant mix that includes home health care, yoga studio, restaurant use, and private professional offices.
The property features two street-level storefronts with expansive glass frontage and open interior layouts, providing strong visibility and accessibility. All commercial spaces are currently leased with the exception of three individual office suites, presenting near-term leasing upside.
First Floor:
- Restaurant tenant leased through end of 2026
- Yoga studio
- AmeriCare Plus (home health care)
- Additional individual office suites
Second Floor:
- Fully built out with individual office suites
- Men’s and women’s restrooms
- Two common waiting area
- Shared kitchen
Third Floor:
- Original hotel-style floor plan (former hotel use)
- With a special use permit and required municipal approvals, the layout may support future multifamily residential use
The property is under professional management, providing established operational oversight. The building is equipped with an elevator, which is currently inoperable and will require repair.
This offering represents a stable, mixed-use investment with diversified tenancy, professional management, and future redevelopment or conversion potential, subject to local approvals.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
14,362 SF
Building Class
B
Year Built/Renovated
1910/1980
Price
$850,000
Price Per SF
$59.18
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,477 SF
Building FAR
1.32
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
C3
AMENITIES
- 24 Hour Access
- Restaurant
- Air Conditioning
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Presented by
Ninja Realty
Lincoln Commerce Center | 104-110 S Hill Ave, South Hl
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