Retail-Commercial for Sale
Catylist Listing ID: 30776592
Property Subtypes: Free-Standing Building, Garden Center, Mixed Use, Street Retail
Building Size (RSF): 4,500 SF
Gross Building Area: See Agent
Sale Price: $325,000
Unit Price: $72.22 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/24/2022

Overview / Comments

PRICED AT APPRAISED VALUE!!! Plenty of road frontage and parking, close to Lebanon Virginia!! traffic count of 11,000 cars per day, GREAT BUSINESS OPPORTUNITY with lots of potential growth! Zoned commercial, once housed a restaurant, it has huge potential to be anything! Currently known as THE DISCOUNT HOUSE and located only minutes form the town of Lebanon, This store is known for its beautiful flower arrangements and concrete statues. The store is filled with southern charm and loyal customers. The store front includes a large area for merchandise. Just past the store front is the prep area with large tables and equip for making arrangements. . In the back of the building is a large area for storage and office space. There is an unfinished room for extra storage with outside access. EVERYTHING STAYS (excluding personal items). Some of the items that convey are flower presses, sewing machines, arrangement hangers and stands, statues, office equipment ect.. Includes rental lot in far right corner that collects $150.00 per month in rent. .Don't miss this great business opportunity!! Buyer/buyer's agent to verify all info.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Russell
Tax ID/APN: 5460
Retail Clientele: Business
Property Visibility: Good
Largest Nearby Street: Us-19
Traffic/Vehicle Count: 12,000
Highway Access: yes
Site Description: level and paved
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,500 SF
Property Condition: Fair
Year Built: 1969
Roof Type: Arched
Construction/Siding: Metal Siding
Total Parking Spaces: 40
Parking Type: Surface
Heat Type: Electricity
Heat Source: Other
Air Conditioning: Other
Zoning Description: commercial
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 5 miles
Total Population: 7,440
Median Age: 42.67
Households: 3,112


Photograph of Listing Agent

Cindy Duffy

RE/MAX Cavaliers NETAR CMLS Member
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