GREAT investment opportunity!! Here you have a storage facility with major expansion, development, and passive income potential. This 35-unit storage facility (varying sizes) offers immediate and consistent cash flow in a great location. 34 units are currently rented, while one is being cleaned out. The potential to expand by approximately 60 additional units or other business ventures, offers a clear path to significantly increase income. Designed for passive ownership and minimal upkeep, this property consists of well-maintained metal buildings and public water. sewer, and power that could be utilized. With strong local demand and limited competition, the existing units maintain steady occupancy, while the expansion potential creates an exceptional opportunity to scale revenue. There is enough room to add a whole row of units in the back, as well as other areas. In addition to adding more units, the property offers potential additional income streams, such as a car wash (which it has previously served as), laundromat, vending machines, or other complementary services (subject to approvals). Further upside includes the ability to increase rents to market rates and/or introduce utilities to enhance value and attract additional tenant demand. Whether you're looking for a low-maintenance, income-producing asset or a property with significant long-term growth potential, this opportunity delivers both.
18-unit apartment building in Norton on the corner of Virginia Ave and Kline Ave. Vinyl siding, stone foundation, shingled roof, baseboard heat, public water and sewer. Each unit has its own electric meter. 2 basement apartments have walkout to Virginia Ave. First and second floors have walkout to Eighth St. and Kline Ave. Needs some TLC but has great income potential. On street parking only.
Famously known as ''Blackman Chapel African Methodist Episcopal Zion Church. This Church was founded in love, one of the most respected and dedicated churches nestled in the Southwest Virginian mountains. Each brick lovingly placed, and each member committed to this institution in strength, loyalty and love. You can still feel the warmth, which was once here and looking for its new family. This glorious temple is now looking for a new leader and congregation to call it a home.
What an opportunity! Plenty of square footage to design and finish to suit your needs!!! Enormous parking both on and off street. New rood and electrical service to get you started. Make your appointment for a private showing today!!! Buyers and buyers agents to verify all information in this listing. Subject to errors and omissions
Norton is located in Virginia. Norton, Virginia has a population of 3,696. Norton is less family-centric than the surrounding county with 27.85% of the households containing married families with children. The county average for households married with children is 27.85%.
The median household income in Norton, Virginia is $35,592. The median household income for the surrounding county is $35,592 compared to the national median of $69,021. The median age of people living in Norton is 41.2 years.
The average high temperature in July is 80.4 degrees, with an average low temperature in January of 22.3 degrees. The average rainfall is approximately 47.5 inches per year, with 36.1 inches of snow per year.