291 Arrington LN, Roanoke, VA 24019
$615,000
Property Type:
Commercial
Lot Size (sq. ft.):
65,340
Status:
Closed
Current Price:
$615,000
List Date:
9/28/2021
Last Modified:
12/27/2024
Description
PRICE REDUCED! Three story, masonry building situated on a 1.5 acre lot. Planned building expansion with two additional wings. The first floor is currently leased
to a fitness studio. The owner occupies the second floor and the third floor (walk-up) is occupied by an occupational therapist and a hair salon. First and second
floors at parking level and are 1,891 square feet each. The third floor is approximately 700 square feet. Owner is willing to lease back the space it currently
occupies. Electric heat with natural gas backup, 11 year old asphalt shingle roof, monument sign, built in 2009. Great investment property or owner-occupant.
More Information MLS# 881244
General Property Description
Construction Status: Completed
Total Acreage: 1.5
Flood Area: No
On site Parking: Yes
Basement Y/N: Yes
Parking Spaces: 29
Water Class: N/A
Gross Building SqFt: 4500
Lease Available: Yes
Leaseable SqFt: 300
Year Built: 2009
Location, Tax & Legal
Major Area: 07 - Botetourt County
Tax ID: 107 234A
Annual Taxes: 5233
Zoning Code: B-2
Area: 0700 - Botetourt County
Street Number: 291
Street Name: Arrington
Street Suffix: LN
State/Province: VA
Zip Code: 24019
Municipality: Botetourt County
Remarks & Misc
Directions: : 460 East to left on 604 toward Daleville. Property on left near Read Mountain Rd.
Limited Service
Not Limited Service: 1
Construction
Other - See Remarks: 1
Commercial Type
Office: 1
Retail: 1
Business Type
Type of Business (Historical Field): Office/Retail
Sale Includes
Building & Land: 1
Heating
Natural Gas: 1
Cooling
Electric: 1
Income & Expenses
Gross Income: 64992
Gross Expenses: 15038
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Roof System
Shingle: 1
Levels
Three Or More: 1
Floors
Laminate: 1
Wood: 1
Topography
Slope: 1
Contract Information
Current Price: $615,000
Sold Price: $615,000
List Date: 2021-06-24
Status: Closed
Status Change Info
Ratified Contract Dt: 2021-11-12
Sold Date: 2022-02-15
Sold Price: $615,000
Income Expenses
Net Operating Income: 64992
Operating Expense: 15038
Property Features
Limited Service: Not Limited Service
Commercial Type: Office; Retail
Sale Includes: Building & Land
Construction: Other - See Remarks
Roof System: Shingle
Levels: Three Or More
Heating: Natural Gas
Cooling: Electric
Floors: Laminate; Wood
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Public Sewer
Topography: Slope
Listing Office: WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: December - 27 - 2024
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