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1201 Elm St 4,067 SF 100% Leased Office Building Christiansburg, VA 24073 $900,000 ($221.29/SF)
INVESTMENT HIGHLIGHTS
- 5 exam rooms with sinks
- High traffic count of over 26,000 cars daily
- 13 marked parking spaces
EXECUTIVE SUMMARY
Medical office with 5 exam rooms with sinks, waiting room & reception area. ADA, lab space and storage on the main floor. Head Doctors office with private half bath. 2nd floor has additional offices, kitchen, break balcony, bath and storage. 13 marked parking spots. Original structure was built in 1960 but addition and remodeling was 2004. Busy intersection with stop light on 460 Business across from the Christiansburg High School. Traffic count of over 26,000 cars daily.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Building Size
4,067 SF
Building Class
B
Year Built
1960
Price
$900,000
Price Per SF
$221.29
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
2,034 SF
Building FAR
0.16
Lot Size
0.59 AC
Zoning
B3 - Business
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PROPERTY TAXES
| Parcel Number | 012035 | Improvements Assessment | $481,600 |
| Land Assessment | $258,000 | Total Assessment | $739,600 |
PROPERTY TAXES
Parcel Number
012035
Land Assessment
$258,000
Improvements Assessment
$481,600
Total Assessment
$739,600
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1201 Elm St
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