1314 2nd St - Office CONDO FOR SALE


Richlands, VA 24641
$55,000 USD
276-964-6507
1314 2nd St, Richlands, VA for Sale
$55,000 USD
Office CONDO - FOR SALE
1/3
null | Request Cap Rate

1314 2nd St
Richlands, VA 24641


HIGHLIGHTS

  • 2 offices and a conference room, plus 1 half bath on the main level; basement level could 2nd business or renovated for an apartment
  • Insurance and exterior repairs are shared with 3 other owners
  • 2 separate entrances
  • current interior walls could be moved to accommodate a different layout

OVERVIEW

This office building has been a large part of the history of Richlands for many years. Once the Richlands Post Office then converted into three separate offices with three separate owners, being the first condominium type building in Tazewell County. This building is designed for two separate business with access from both Second St and Scott Street. Current interior walls could be moved to accommodate a different layout. Currently this building has two offices and a conference room plus 1 half bath on the main level. The conference room offers an abundance of storage. The basement level could be a second business or renovated for an apartment as it has a separate entrance. The office building at 1312 Second Street (which is a part of this complex) is also available MLS 87572. Insurance, and exterior repairs are shared with other three owners. Legal description Part of Lots 6 & 7, Sec r Plan A, Wester 1/2 of First Floor basement. Acreage 0.071 Acres. Approximately 1000 sq feet on street level and 1000 square feet in the basement

FOR SALE DETAILS

PRICE

$55,000 USD

PRICE/SF

$28 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1314 2nd St, Richlands, VA 24641

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential, undefined

TOTAL BUILDING SIZE

2,000 SF

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B2

APN/PARCEL ID

105A511040006-0007

ASK ABOUT THIS PROPERTY

Ramona SimmonsFortune RealtyMore Info
276-964-6507

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

Ramona SimmonsFortune RealtyMore Info
276-964-6507

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