Russell Road Office
Retail-Commercial
for Sale
| Catylist Listing ID: |
30783911 |
| Property Subtypes: |
Free-Standing Building, Street Retail, Other
|
| Building Size (RSF): |
2,400 SF
|
| Gross Land Area: |
0.11 Acres
|
| Sale Price: |
$259,000 |
| Unit Price: |
$107.92 PSF |
| Property Use Type: |
Investment |
| Building Name: |
Russell Road Building |
| Usable Size (USF): |
1,600 SF |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/2/2022 |
Overview / Comments
Excellent downtown Abingdon location, which includes it's own parking. Situated just above Main street near a signalized intersection with Main Street the Russell Road property has good visibility, access and centralized location to Abingdon.
The property is available with two suites, one currently leased to Tim Kaines Regional Office and the other (vacant) which contains 1,600 sq ft of excellent office space and is currently For Lease. Owner's are open to Offers.
|
Additional Details
| Nearest MSA: |
Kingsport-Bristol |
| County: |
Washington |
| Taxing Authority: |
Washington County, VA |
| Tax ID/APN: |
20568 |
| Zoning: |
PTD; PLANNED TECHNOLOGY DISTRICT |
| Retail Clientele: |
General, Business |
| Property Located Between: |
Main Street and Valley Street |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Main Street |
| Highway Access: |
Russell Road is part of State Hwy 58 |
| Airports: |
Highlands Community Airport |
| Site Description: |
Level, easily accessed parking and building |
| Area Description: |
Downtown Abingdon, one of Virginia's oldest town, home to Virginia's State Theatre , Barter Theatre, as well as the Martha Washington Inn, County seat of Washington County, as well as Federal Courthouse. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
2,400 SF |
| Property Condition: |
Good |
| Year Built: |
1956 |
| Year Renovated: |
2016 |
| Roof Type: |
Flat |
| Construction/Siding: |
Wood Frame |
| Exterior Description: |
Exterior is Brick with some wood. |
| Total Parking Spaces: |
4 |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Heat Pump |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable, Fiber Optic |
| Interior Description: |
Two Offices with their own restrooms |
| Zoning Description: |
PTD - Planned Technology District |
| Lot Frontage: |
49' |
| Lot Depth: |
96' |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Fee Simple |
| Legal Description: |
Upon request |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,578 |
12,855 |
15,505 |
| Median Age: |
44.75 |
45.51 |
44.5 |
| Households: |
1,218 |
5,922 |
6,792 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Northeast Tennessee Association of REALTORS® nor
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