Great Investment Opportunity. Spacious 2-story brick building located on the corner of Main Street and Russell Road at a high traffic intersection with great visibility. The property is a total of 5124 sq ft of finished space on 2 floors. Each floor has a separate entrance from Main street and from the parking lot at the rear of the building. The property is just steps away from the historic center of Abingdon and is zoned B-3 (Central Business) for a wide variety of uses. ( retail store, restaurant, professional/medical office). The property has a parking area in the rear and on street parking along the side of the building on Russell Road. This is a wonderful investment opportunity with two tenant spaces ready to lease. Owner/Agent.Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.
Looking for prime commercial real estate in the heart of Abingdon? Don't miss your chance on this one! Situated on E Main St, this property is strategically positioned to maximize the exposure of 14,000+ ADTC along with easy access to I-81, downtown Abingdon, and just a quick drive away from HardRock Casino, The Pinnacle, and so much more! Recently remodeled, this turn-key property has been upgraded with a new storefront that commands attention highlighted with an updated interior that features stained concrete floors, rustic bar, full commercial kitchen, adorned with a hood system, walk-in freezer, grease trap, plus handicap access with a wheelchair ramp, and multiple ADA compliant bathrooms! Promoting tons of potential with B2 zoning, this property has formerly been operated as a successful restaurant but offers the ability to accommodate many other businesses as well. Equipped with the potential to sublease, this property could be suitable for a QSR, bar & grill, professional services, retail, and so much more! Whether you're looking for a profitable investment or looking to expand, relocate, or start your own business; opportunities of this caliber rarely come available and will not last long priced to sell at $499k. Call today to schedule your appointment! All information contained herein is deemed reliable but gathered from tax records and property owner and is subject to buyers verification.
ATTENTION! You don't want to miss this unique property. Priced UNDER tax assessment value, this building sits on a level lot with tremendous views. Schedule your showing today!
Abingdon is located in Virginia. Abingdon, Virginia has a population of 8,350. Abingdon is more family-centric than the surrounding county with 26.16% of the households containing married families with children. The county average for households married with children is 25.39%.
The median household income in Abingdon, Virginia is $54,384. The median household income for the surrounding county is $54,737 compared to the national median of $69,021. The median age of people living in Abingdon is 45 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 22.5 degrees. The average rainfall is approximately 44.6 inches per year, with 11.5 inches of snow per year.