Malibu Commercial, Properties

Retail-Commercial for Sale
Catylist Listing ID: 30145185
Property Subtypes: Day Care Facility, Free-Standing Building, Mixed Use, Post Office, Other
Building Size (RSF): 1,100 SF
Gross Building Area: 13,700 SF
Sale Price: $824,900
Unit Price: $749.91 PSF
Property Use Type: Investment
Building Name: Vansant Post Office, VA Building, 3 homes
Usable Size (USF): 13,700 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 95
Last Updated: 8/28/2017

Overview / Comments

Once in a Lifetime investment Opportunity in the mountains of Southwest Virginia, which includes a mix of Commercial/Residential Properties.
This deal includes a Lease with the U.S. Post Office, Veterans Admin, another medical practitioner, and two rental Homes i all in one location which starts at 1893 thru 1945 Lovers Gap Road, Vansant, Virginia 24656. Veterans Administration is part of Mountain Home VA Medical Center.
Properties will NOT be partitioned.
Call today for more information as well as your own confidential showing. Please Do Not contact or disturb the current Tenants.

Additional Details

Nearest MSA: Big Stone Gap
County: Buchanan
Taxing Authority: Buchanan County
Tax ID/APN: Various
Zoning: COMMERCIAL
Retail Clientele: Business, Recreation, Other
Property Located Between: Hwy 460 to Deel and Hwy 620 to Bee
Property Visibility: Excellent
Largest Nearby Street: hwy 460
Highway Access: Properties front on Hwy 83
Site Description: Properties lay along Hwy 83, in Vansant, Virginia with the creek as a rear boundary.
Area Description: Rural area of Buchanan County, Virginia with a population
Total Number of Buildings: 5
Number of Stories: 2
Property Condition: Good
Year Built: 1965
Year Renovated: 2014
Roof Type: Flat
Construction/Siding: Block, Brick
Exterior Description: The majority of the buildings are brick over wood framing, and the Large 2 story building is block.
Total Parking Spaces: 50
Parking Type: Surface
Parking Description: Each property has adequate parking, and the large 2 story building has a large parking lot.
Passenger Elevators: 1
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Heat Pump
Air Conditioning: Engineered System
Internet Access: Cable, DSL, Satellite
Interior Description: From the inspections, all properties appear to be in good condition with minimal signs of wear and tear.
Zoning Description: Commercial, even though this listing contains 3 homes the properties are listed as being in a Commercial Zone.
Lot Frontage: 385'
Lot Depth: Various
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Easements Description: Usual Easements for water, sewer and electric are along the road which fronts the property
Land Ownership: Fee Simple
Legal Description: Upon Request.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,786 4,628
Median Age: 45.85 45.71
Households: 1,727 2,089
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