Growth corridor investment area

Business Opportunity for Sale
Catylist Listing ID: 30639035
Property Subtypes: Business Services
Building Size (RSF): See Agent
Sale Price: $299,900
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 6/19/2021

Overview / Comments

Three properties in one. The rental house produces $1100 per month from long term renters. There is an old convenience store on-site that can be used for a multitude of income-generating businesses. There is also a second rental property located behind the store. A small retention pond is located at the rear of this cleared and unique property. If you are looking for an investment opportunity this is a great one to check out. Enjoy rental income while you are making plans for property improvements and renovations. The 3.31 acres are within the Locust Grove Opportunity Zone and just 4 miles from the intersection of VA-3 & VA-20. This property has 3 phase electric service, 3 individual meters, a new shared well, and a new gas furnace in the convenience store. The entire property is being sold AS-IS.

Additional Details

Industry Segment: Other Business Services
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,968 10,145 19,318
Median Age: 41.51 47.94 42.61
Households: 1,065 4,077 7,116


Photograph of Listing Agent

Donna Waugh-Robinson

Jack Samuels Realty
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