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625 E Atlantic St - U.S. Highway # 58 ( East Atlantic St) 0.96 Acres of Commercial Land Offered at $629,000 in South Hill, VA 23970

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Investment Highlights

HEAVY traffic - location, location, location

Executive Summary

Remarks: BUSY intersection, high traffic (12,000 - 2020 count and a rough count for2021 look like 13,000) & high visibility! Formerly the home of local favorite Brian's Steak House (tremendous business!) this lot is nearly an acre in size. Entrance/exit from E Atlantic or Maple Lane on the side. Excellent infrastructure with Highway 58 E & W and Interstate 85 N & S. Public utilities available! Blank canvas for anyone's imagination! Call for more information or questions! Check out our video

Survey

Property Facts

Price	$629,000	Proposed Use	Office Hotel
Sale Type	Investment	Total Lot Size	0.96 AC
No. Lots	1	No. Stories	1
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial
Zoning	C-2 - For businesses with public access

Price	$629,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Office Hotel
Total Lot Size	0.96 AC
No. Stories	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-2 - For businesses with public access

1 Lot Available

Lot

Price	$629,000	Lot Size	0.96 AC
Price Per AC	$655,208.33

Price	$629,000
Price Per AC	$655,208.33
Lot Size	0.96 AC

HIGH visibility! Excellent restaurant site and former home of Brian's Steak House & Lounge. Frontage on Highway 58 Business (E Atlantic St.) and Maple Lane on S side for ingress and egress. Nearly an acre beside motel. Sale includes LOT only.

Description

Excellent restaurant site next to motel. Kentucky Fried/Taco Bell, Hardees, McDonalds, Wendy's, Burger King AND two strip centers. Owner will cooperate in any zoning requests if needed, and owner & agent will attend any municipal meetings if needed. CLOSE to Interstate 85 and Highway 58 By-Pass. WaWa scheduled to open soon next to Home Depot & Cracker Barrel - Frontage is approximate - please see plat provided, and buyer to confirm during due diligence

Property Taxes

Parcel Number	32627	Improvements Assessment	$0
Land Assessment	$618,800	Total Assessment	$618,800

Property Taxes

Parcel Number

32627

Land Assessment

$618,800

Improvements Assessment

Total Assessment

$618,800

(434) 774-5741

Contact

Sharon Johnson
Southern Virginia Realty

Listing ID: 30673100
Date on Market: 1/16/2024
Last Updated:
Address: 625 E Atlantic St, South Hill, VA 23970

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Videos

Matterport 3D Exterior

Matterport 3D Tour

Photos

Street View Street

Map

625 E Atlantic St, South Hill, VA for sale Building Photo- Image 1 of 21 — Primary Photo

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625 E Atlantic St - U.S. Highway # 58 ( East Atlantic St)

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