Mixed-Use Investment Property in
1523 Kentucky Ave SE Norton, VA
For Lease
Contact for pricing
Income property with apartments, home, and commercial space.
Property Size5,102 SF
Lot Size0.55 Acres
Days on Market242
Property Features for 1523 Kentucky Ave SE
General Information
- Standard status
- Active
- Size
- 5,102 SF
- Lot size
- 0.55 Acres
- Property subtype
- OFFICE
Listing Agency:
Virginessee Real Estate Consultants
(276) 492-3839
Listed By:
Fred McClellan, CCIM · License #0225186741
(276) 492-3839
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Virginessee Real Estate Consultants
Investment Insights
Based on property information with market context.
This investment property features an income stream from two apartments and a manufactured home. Additionally, there is unoccupied commercial space available for rental or owner-occupant use. One apartment measures 1,100 square feet, while the other is 850 square feet and includes a two-car carport. The manufactured home provides 1,152 square feet of living space. The property is situated on Kentucky Avenue in the Ramsey section of Norton, Virginia, approximately 0.3 miles from the intersection of U.S. 58-A and 1.7 miles from the intersection of U.S. 23, offering convenient access to Big Stone Gap, Wise, and Kentucky. The commercial space encompasses 2,000 square feet of interior office space, storage, and a one-vehicle bay garage, making it suitable for retail, office, or wholesale operations. The property has been maintained in good condition and offers various ownership benefits.
Key Highlights
- Multiple Income Streams: Features two apartments and a manufactured home, all currently generating rental income.
- Commercial Space: Includes 2,000 sq/ft of unoccupied commercial space suitable for rental or owner use (retail, office, or wholesale).
- Sizeable Units: Apartment sizes are 1,100 sq/ft and 850 sq/ft; the manufactured home is 1,152 sq/ft.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Income property with apartments, home, and commercial space.
Where is this multifamily property located?
The property is located at 1523 Kentucky Ave SE Norton, VA.
What are key features of this property?
This property features: Multiple Income Streams: Features two apartments and a manufactured home, all currently generating rental income.; Commercial Space: Includes **2,000 sq/ft of unoccupied commercial space** suitable for rental or owner use (retail, office, or wholesale).; Sizeable Units: Apartment sizes are 1,100 sq/ft and 850 sq/ft; the manufactured home is 1,152 sq/ft.