1571 N Main St, Marion, VA 24354
Commercial property for sale
1571 N Main St, Marion, VA 24354
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- Description
- This well established , mixed use center is anchored by Tractor Supply on one end and DaVita Inc. ( a Fortune 500 company) on the other, and is strategically located directly on the main four lane going into the Town of Marion and can be seen from Interstate 81. Directly adjacent to the new Smyth County hospital, this property is a great purchase for the investor who wants immediate cash flow with unlimited upside potential in a true mixed use center. This property is on an incredibly reduced , long term ground lease and has a CAP rate approaching 10 % PLUS there is an additional 30,000 sqft of buildout space, under roof and ready to lease at $ 9 to $15 sqft. Imagine the potential. Building price details: $3,250,000.
- Property Details
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Building Name: Marion Plaza Shopping Center Property Type: Retail Use Types: Mixed Use, Strip Center Status: Available Price: $ 28 +/SF Number of Stories: 1 Year Built: 1971 Year Renovated: 1985 MSA: Kingsport-Bristol-Bristol Zoning: Commercial Buildings: 4 Tenancy: Multiple Tenants Construction: Brick Terms: Cash to Seller Added: 01/16/2012 Last Update: 09/11/2012 - Exterior Features
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Parking: Yes Parking Spaces: 255 Parking Type: Surface - Contact info
- 423-575-2131 [Office]
- Note
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