528 W Main St - Storefront FOR SALE


Wise, VA 24293
$350,000 USD
276-870-5375
528 W Main St, Wise, VA for Sale
$350,000 USD
Storefront - FOR SALE
1/50
null | Request Cap Rate

528 W Main St
Wise, VA 24293


OVERVIEW

Check out this incredible BUSINESS OPPORTUNITY offering approximately 2000 sq ft in retail space and storage with tremendous potential. This business has been in operation for approximately 60 years as a flower shop and can be utilized for so many different business endeavors. Lots of space for offices, meeting rooms, or even a large conference room for professional meetings. If looking for a retail business, this space has large storefront windows for all your displays. Situated right in the heart of the county seat in Wise, Virginia with abundant traffic flow. Offering lots of paved parking and conveniently located to everything Wise has to offer--it's perfect for your business location! With enough available space you can set it up anyway you want to accommodate most any type of business. As an added bonus, there are two occupied apartments included which currently bring in approximately $2500 per month in rent. The upstairs unit has three bedrooms with one bath and all appliances are included (refrigerator, stove, dishwasher, washer, and dryer). Beautiful Oak cabinets in the kitchen and an open floorplan create a great space for enjoying time with family. Out on the balcony, enjoy a quiet evening with friends cooking out or that first cup of coffee in the morning before your day begins. The downstairs unit offers two bedrooms with one bath and includes a refrigerator, stove, and stackable washer/dryer. Upgrades to this apartment include new flooring. Conveniently located to everything going on in the Town of Wise and accessible to shopping and dining within minutes. Just a short drive to UVA-Wise, makes these apartments appealing to both students and faculty. On the main level of the building, there is enough room for a studio apartment to be added with its own private entrance; and, of course, the front area could also be rented out creating other income-producing options. Even with all this being said, it's really hard to describe all the possibilities but this could be a real catch for you! If you're an entrepreneur and looking for something that's already established with income coming in on Day 1, DON'T LET THIS PASS YOU BY!! Information taken from seller and public records to be verified by buyer and buyer's agent. ABSOLUTELY PRICED TO SELL!!! Call today to book your showing--please allow 24-hr notice in order to include access to the apartments.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$78 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

-

APN/PARCEL ID

R013457

ASK ABOUT THIS PROPERTY

Randy WamplerRe/Max CavaliersMore Info
276-870-5375

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Randy WamplerRe/Max CavaliersMore Info
276-870-5375

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