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815 E Main St 3,530 SF Vacant Office Building Floyd, VA 24091 $575,000 ($162.89/SF)
INVESTMENT HIGHLIGHTS
- High average daily traffic count
EXECUTIVE SUMMARY
Commercial office located in Floyd Virginia with current use as medical offices, but many opportunities await. For years this building was the location for the Floyd County Health Department, then converted into a physical therapy office for the past 10 years. The land lends it self for an addition off the front or even added parking. On the second level, are more offices and a current law office (not pictured). Parking on both sides of the building and an attached carport on the rear of the building. Visibility is amazing on Main Street and next to the post office and Dollar General. Basement currently used for storage, but could easily be transitioned into added office space. Call agent about survey lines.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$51,000
|
$14.45
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$51,000
|
$14.45
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $51,000 |
| Annual Per SF | $14.45 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $51,000 |
| Annual Per SF | $14.45 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,530 SF
Building Class
B
Year Built/Renovated
1940/1995
Price
$575,000
Price Per SF
$162.89
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,765 SF
Building FAR
0.12
Lot Size
0.69 AC
Zoning
no zoning - No zoning, outside of town limits
1 1
PROPERTY TAXES
| Parcel Number | 43-218A | Improvements Assessment | $432,200 (2025) |
| Land Assessment | $120,200 (2025) | Total Assessment | $552,400 (2025) |
PROPERTY TAXES
Parcel Number
43-218A
Land Assessment
$120,200 (2025)
Improvements Assessment
$432,200 (2025)
Total Assessment
$552,400 (2025)
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815 E Main St
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