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516 & 522 N Main St 522 N Main St 4,224 SF 100% Leased Office Building Hillsville, VA 24343 $875,000 ($207.15/SF)
Executive Summary
TWO Prime Commercial Bldgs in Hillsville, VA OFFERING IMMEDIATE INCOME! PROPERTY 1: Multi-Use Building with established Tenant. This well-located commercial investment features a current tenant on the main floor. The spacious top floor is CURRENTLY SEEKING A TENANT(S) DESIRING OFFICE SPACE, and will maximize your investment potential. With high visibility and foot traffic, this building presents a fantastic opportunity for retail or professional services. PROPERTY 2: Featuring a mix of Residential & Retail options. The ground flr is designed for retail leasing, providing high exposure. THE TOP FL IS NOW FINISHED AND ACQUIRING TENANTS FOR 4 one-bed & 2 two-bed apts, meeting the demand for quality housing. The 2nd Fl is framed for 3 two-bed apts, 1 one-bed apt, & a common laundry rm, enhancing rental potential in a desirable area. PRICE WILL INCREASE AS MORE FLOORS ARE COMPLETED.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,224 SF
Building Class
C
Year Built
1930
Price
$875,000
Price Per SF
$207.15
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
2,112 SF
Building FAR
0.88
Lot Size
0.11 AC
Opportunity Zone
Yes
Amenities
- Kitchen
1 1
Property Taxes
| Parcel Number | 311-A-64 | Improvements Assessment | $148,900 |
| Land Assessment | $35,800 | Total Assessment | $184,700 |
Property Taxes
Parcel Number
311-A-64
Land Assessment
$35,800
Improvements Assessment
$148,900
Total Assessment
$184,700
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516 & 522 N Main St | 522 N Main St
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