Remarks

For sale: A high-potential B-1 zoned commercial bldg generating $3,000 per month in rental income. The tenant has the flexibility to either extend the lease for an addit'l 5 years or vacate in just 3 months, offering a perfect scenario for both investors & owner-operators. 2,596 sq ft single-level brick bldg, low-maintenance, robust Cap Rate, strong return on investment. Versatile B-1 zoning makes it suitable for a variety of uses including retail, office space, or mixed-use development, allowing for diverse business opportunities. Well-maintained w/minimal upkeep required. Prime location, just off Short Lane across from Gloucester High School enhances its attractiveness, providing excellent visibility & accessibility for potential tenants or business operations. Whether you're looking to expand your investment portfolio or establish a new business location, this property offers unmatched flexibility & potential. Own a high-yield, low-maintenance commercial building in a prime area.

Details

MLS#: 10545479
Price: $450,000

Style: Purchase,Commercial/Industrial
Sq Ft: 2596
Year Built: 1996

County: Gloucester County VA
Subdivision: ALL OTHERS AREA 121
Tax Fee: 2116