Wise Income Producing Commercial Building

Retail-Commercial for Sale
Also listed as Industrial, Shopping Center
Catylist Listing ID: 30355695
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Other
Building Size (RSF): 5,250 SF
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $255,000
Unit Price: $48.57 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/28/2021

Overview / Comments

Attention Owner-Investor! Nice income producing commercial building in busy business area of Wise, VA. This 5,250 sq ft building is partially leased to Fastenal who occupies 3,350 sq ft with the remaining space being vacant. Ideal opportunity for owner occupied investment property. Built in 2011, building sits on 1 acre with large level paved parking lot. Located close to Main Street and within 1 mile of Orby Cantrell Hwy/ Hwy 23. Suited to retail, service business or other commercial venture seeking great investment opportunity.

Additional Details

Nearest MSA: Big Stone Gap
County: Wise
Tax ID/APN: 013979

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 8,554 16,060
Median Age: 39.47 38.31
Households: 3,597 6,510


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