228 Valley Street

Abingdon, VIRGINIA

$229,000 | $85.45$/Sqft | .3 Acres | 92 DOM

About This Property

This Completely Renovated, Practical, Efficient, Well Located and Aggressively priced investment in Abingdon has 9 seperate offices upstairs and down. Each with plenty of space for individual offices or areas to be taylored to any office setting. The pricing chosen reflects the ability to come in and add a break room, seperate out individual spaces for various layouts or re arrange as needed. One of the greatest features of this Property is the income producing residential living space in the basement. This seperate apartment is on the bottom level and has its own entrance from the back parking lot. The basement apartment could be rented out for $500 to $600 conservatively, which will easily help cover a portion of the mortgage of the building. The seller had great foresight to include this in the renovation. It's a true asset to this property. There are roughly 12 to 13 parking spaces, a handicap ramp, a foyer entry and tons of potential. The location of this property is on the West End of Valley, close to Russell road. The back parking lot backs up to Plumb alley and you are seconds from Main Street by foot. This property is also close to the town park on Main street across from the post office. The property itself sits in the more heavily commercialized section of Valley street. This makes it a perfect location for an office, or for space to be rented by neighborhing commercial properties for extra space. This is the type of property that is priced right, has plenty of potential and is within reach of most commercial buyers in Abingdon. Most of the work has been completed by the seller for you. All that is left is to make this property what you want, and need. Take the time to walk through the property on your phone with the 360 smart phone virtual walkthrough. Text tour70 to 88000 for the link.

Essential Information

MLS® #9905573
Price$229,000
Square Footage finished2,680
Acres0.30
Year Built1940
TypeCommercial
StatusActive

Community Information

Address228 Valley Street
Area500 - Abingdon
CountyWashington
StateVIRGINIA
Zip Code24210

Amenities

Parking Spaces13
WaterfrontPublic

Exterior

Lot Description72x168
RoofAsphalt, Shingle

Additional Information

Date ListedMarch 6th, 2020
Days on Website91 days
ZoningB3
ForeclosureN
HOA Fees0.00

Listing Details

AgentAndrew Neese

Listing Courtesy of

PRESTIGE HOMES OF THE TRICITIES INC

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Copyright 2020 Tennessee Virginia Regional MLS®. All rights reserved.

Information herein deemed reliable but not guaranteed June 6th, 2020 at 11:00am

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