Address
1547 Armory DR Franklin, VA
Price
$ 699,900
Property Attributes
  • MLS#10399068
  • TypeCommercial
  • CountyFRANKLIN CITY
  • CityFranklin
  • AreaFranklin
  • NeighborhoodAll Others Area 67
  • Zip23851
  • StyleCommercial/Industrial
  • Year Built2004
  • Taxes$ 7400
  • Price$ 699,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1824
  • Lot Size0.43 Acres
Listing Provided Courtesy Of:
Windell Francis Realty Inc.
Data Source:
Real Estate Information Network (REIN) - 4 - VA
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!

General Features

Area 67 - Franklin
Construction Block
Cooling Central Air
Features Display Window, Landscaped, Lighting, Public Restrms, Rear Entrance, Security Sys/Own
Heating Forced Hot Air, Gas
Location Faces Front, Major Arteries
Miscellaneous 220 V
Ownership Type Simple
Parking 1-25 Spcs
Property Type Commercial/Industrial
Roof Poly Skin
Sub Type Purchase
Subdivision Name ALL OTHERS AREA 67
Use Type Restaurant
Utilities City Sewer, City Water, Electric, Gas, Telephone Avail
Zoning B3

Interior Features

Flooring Type Tile
Units Total Number 1

Exterior Features

Disclosure None
Foundation Slab
Siding Masonry, Stucco

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 23851

Price
AVG $400K
$700K
Taxes
AVG $3,988
$7,400
Visits
AVG 37
27
Year Built
AVG 1975
2004
Walkscore
AVG 34
41
Data Provided by Walkscore ® not using MLS data

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