104-110 S Hill Ave, South Hl - Office/Residential FOR SALE


South Hill, VA 23970
$850,000 USD
252-915-2311
104-110 S Hill Ave, South Hl, South Hill, VA for Sale
$850,000 USD
Office/Residential - FOR SALE
1/91
null | 3.69% Cap Rate

104-110 S Hill Ave, South Hl
South Hill, VA 23970


HIGHLIGHTS

  • Corner lot on busy downtown street
  • Multi-family options with special use permit
  • Currently has cash flow with room to expand!

OVERVIEW

Multi-Tenant Historic Corner Building – Professionally Managed Commercial Asset Offered for sale is a historic three-story corner building comprised of multiple commercial spaces with a diverse tenant mix that includes home health care, yoga studio, restaurant use, and private professional offices. The property features two street-level storefronts with expansive glass frontage and open interior layouts, providing strong visibility and accessibility. All commercial spaces are currently leased with the exception of three individual office suites, presenting near-term leasing upside. First Floor: - Restaurant tenant leased through end of 2026 - Yoga studio - AmeriCare Plus (home health care) - Additional individual office suites Second Floor: - Fully built out with individual office suites - Men’s and women’s restrooms - Two common waiting area - Shared kitchen Third Floor: - Original hotel-style floor plan (former hotel use) - With a special use permit and required municipal approvals, the layout may support future multifamily residential use The property is under professional management, providing established operational oversight. The building is equipped with an elevator, which is currently inoperable and will require repair. This offering represents a stable, mixed-use investment with diversified tenancy, professional management, and future redevelopment or conversion potential, subject to local approvals.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$59 USD /SF

CAP RATE

3.69%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lincoln Commerce Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

C3

APN/PARCEL ID

23478

ASK ABOUT THIS PROPERTY

James HutsonNinja RealtyMore Info
252-915-2311

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James HutsonNinja RealtyMore Info
252-915-2311

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.