Coeburn, VA 24230,207 Diagonal AVE
Coeburn, VA 24230,207 Diagonal AVE
Coeburn, VA 24230,207 Diagonal AVE
Coeburn, VA 24230,207 Diagonal AVE
Coeburn, VA 24230,207 Diagonal AVE
Coeburn, VA 24230,207 Diagonal AVE
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$ 1,000,000
Est. payment | /mo

10,000 SqFt


Save
$ 1,000,000
Est. payment | /mo
Save

10,000 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $100

MLS Listing ID 9990157

HOA Y/N No

Total Fin. Sqft 10000

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions See acreage

Source Tennessee/Virginia Regional MLS

Property Description

Excellent investment opportunity featuring four separate structures with immediate income and significant upside potential. Additional properties are located at 225 2nd avenue, 402 Queen Street, and 710 Lynncrest. This portfolio includes a brick quadplex that is fully rented, providing steady cash flow from day one. Also included is a large downtown building offering a storefront space in need of renovation, presenting an ideal value-add opportunity, along with a 3-bedroom apartment that is currently rented. A second quadplex is partially occupied with 3 of 4 units rented, and a newer duplex with both units rented adds modern appeal and stability to the income stream. Rents across the properties have not been increased in quite some time, offering strong potential for future growth through rent adjustments and improvements. With multiple income-producing assets and room to add value, this is a rare opportunity for investors seeking both immediate returns and long-term upside.taxes are approximate, as tax rate hasn't yet been determined for new assessment

Location

State VA

County Wise

Area 0.5

Zoning Commercial

Direction From front st, turn right on 2nd st left on diagonal

Interior

Heating Heat Pump

Cooling Heat Pump

Equipment None

Heat Source Heat Pump

Exterior

Roof Type Metal,Shingle,See Remarks

Road Frontage City Street

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Vinyl Siding,See Remarks

Others

Senior Community No

Tax ID 005443

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Sarah Sawyers • REMAX Results Bristol
Beau Hicks

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207 Diagonal AVE