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1547 Armory Dr

Franklin, VA 23851
  • $699,900
  • STATUS: Active
  • ON SITE: 566 Days
  • ID#: 10399068
UPDATED: 38 min ago
$699,900
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,824
    SQFT
  • $384
    $/SQFT
Neighborhood:
All Others Area 67
Type:
Commercial
Built:
2004
Area:
67 - Franklin

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Description

Opportunities like this don't come along very often!!! Established business with a long term lease in place, immediate return on investment. Lease terms at current income genration rates would more than pay for the building!! Looking for a strong investment or maybe somewhere to investment from a 1031 exchange ... look no further! Roof was replaced in 2021, newer HVAC units in place. Current lease has tenant paying the real estate taxes as well as the majority of repairs & upkeep. Make your appointment to see this phenomenal commercial building today!

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Real Estate Information Network logo© The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN, therefore, makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. © 2023 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. The Duplicate Listings Disclaimer is as follows: Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 2023-03-22T23:35:45.023.
www.realestateincoastalva.com/homes/121060246
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1547 Armory Dr Franklin, VA 23851

  • Price: $699,900
  • Status: Active
  • On Site: 566 Days
  • Updated: 38 min ago
  • ID#: 10399068
0
Beds
0
Baths
0
½ Baths
0.43
Acres
1,824
SQFT
$384
$/SQFT
2004
Built
Neighborhood:
All Others Area 67
Area:
67 - Franklin
Property Description
Opportunities like this don't come along very often!!! Established business with a long term lease in place, immediate return on investment. Lease terms at current income genration rates would more than pay for the building!! Looking for a strong investment or maybe somewhere to investment from a 1031 exchange ... look no further! Roof was replaced in 2021, newer HVAC units in place. Current lease has tenant paying the real estate taxes as well as the majority of repairs & upkeep. Make your appointment to see this phenomenal commercial building today!
Exterior Features

Construction Block Exterior Siding MasonryStucco Foundation Type Slab Garage YN No Location Faces FrontMajor Arteries Parking 1-25 Spcs Roof Poly Skin

Interior Features

Accessibility Level FlooringStepless Entrance Cooling Central Air Flooring Type Tile Heating Forced Hot AirGas

Property Features

Contingency Exists Non Contingent Disclosure None Features Display WindowLandscapedLightingPublic RestrmsRear EntranceSecurity Sys/Own Lease Type Multiple Master Model YN No Miscellaneous 220 V New Construction YN No Ownership Type Simple Possession Closing Tax Amount Approx 7400 Use Type Restaurant Utilities City SewerCity WaterElectricGasTelephone Avail Zoning B3

Real Estate Information Network logoListing provided courtesy of Windell Francis Realty Inc.: 434-658-4123
© 2023 REIN, Inc. Information Deemed Reliable But Not Guaranteed.


Real Estate Information Network logo© The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN, therefore, makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. © 2023 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. The Duplicate Listings Disclaimer is as follows: Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 2023-03-22T23:35:45.023.
 
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