525 7th St - Office FOR SALE


Altavista, VA 24517
$499,900 USD
434-660-3286
525 7th St, Altavista, VA for Sale
$499,900 USD
Office - FOR SALE
1/94
null | Request Cap Rate

525 7th St
Altavista, VA 24517


HIGHLIGHTS

  • In the heart of Altavista, VA.
  • High-visibility corner lot with ample dedicated parking.
  • Zoned C-2 and in the Downtown Revitalization Overlay District.
  • Eligible for DRO grants and incentives.
  • Three Office Units and Two Residential Units.

OVERVIEW

Premier Multi-Tenant Investment in Downtown Altavista, Virginia. Property Overview: Secure a diversified investment in downtown Altavista’s vibrant core. Zoned C-2 and situated in the Downtown Revitalization Overlay District (DRO), and is eligible for DRO grants and incentives. This multi-parcel property offers a robust portfolio of modern office and residential units. Anchored by a high-visibility corner lot with ample dedicated parking spaces, this asset delivers immediate cash flow and strong upside potential. Recent upgrades in 2025! Fresh interior and exterior paint, new LVP flooring, updated interior doors, parking lot sealed in 2023. 525 7th St. Altavista, VA 24517 (2 residential units) 529 7th St. Altavista, VA 24517 (1 Office unit) 616 Campbell Ave. Altavista, VA 24517 (2 Office units)

FOR SALE DETAILS

PRICE

$499,900 USD

PRICE/SF

$59 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

C-2, DRO

APN/PARCEL ID

083A-11015-036-0,083A-11015-037-0,083A-11015-038-0,083A-11015-039-0,083A-11015-040-0,083A-11015-041-0,083A-11015-042-0

ASK ABOUT THIS PROPERTY

Callie ReyesNBS RentalsMore Info
434-660-3286

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Callie ReyesNBS RentalsMore Info
434-660-3286

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