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5976 Virginia Ave 6,643 SF 100% Leased Retail Building Pembroke, VA 24136 $750,000 ($112.90/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. Subway is still in place.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,643 SF
Building Class
C
Year Built
1993
Price
$750,000
Price Per SF
$112.90
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
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 | $284,900 | |
| Land Assessment | $171,300 | Total Assessment | $456,200 |
Property Taxes
Parcel Numbers
Land Assessment
$171,300
Improvements Assessment
$284,900
Total Assessment
$456,200
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5976 Virginia Ave
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