121 NW Russell Rd - Office FOR SALE


Abingdon, VA 24210
$275,000 USD
276-477-1500
121 NW Russell Rd, Abingdon, VA for Sale
$275,000 USD
Office - FOR SALE
1/15
null | 10.91% Cap Rate

NEW


121 NW Russell Rd
Abingdon, VA 24210


OVERVIEW

Discover this exceptional commercial property located on highly visible Russell Road in the heart of Abingdon, Virginia. Boasting 50 feet of road frontage, this site offers excellent exposure and accessibility for businesses and customers alike. Two established tenants currently occupying the building. The total monthly rental income is $3,000+/-. Strategic location with steady traffic and close proximity to downtown Abingdon. Ideal for investors seeking stable cash flow or future redevelopment potential. Whether you're expanding your portfolio or seeking a turnkey investment, this property delivers consistent income and long-term value in one of Southwest Virginia’s most charming and business-friendly communities.

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

10.91%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

C

APN/PARCEL ID

011-1-77

ASK ABOUT THIS PROPERTY

Maxwell YatesMatt Smith RealtyMore Info
276-477-1500

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Maxwell YatesMatt Smith RealtyMore Info
276-477-1500

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