501 High Ave NE Coeburn, VA 24230
Mixed-use building featuring apartments and commercial space for sale.
Type:Mixed Use
Property size:
7,722 SFPrice / SF:
$62/SF- Added:
- Jun 28, 2023
- Days on Market:
- 1037
- Last Refresh:
- Mar 17 at 1:22 pm
Property Features for 501 High Ave NE
General Information
- Standard status
- Active
- Size
- 7,722 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1903
Listing agent Edward Serralles License #FL 508984
Listing office SERRALLES GROUP,INC
Listing date Jun 28, 2023
Source Crexi
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 SERRALLES GROUP,INC
Overview
Mixed-Use Building with Apartments
This mixed-use property includes six apartments, each with one bedroom and one bathroom, along with a commercial space. The property is currently vacant. Owner financing is available with a $95,000 down payment, a $300,000 loan amount at a 6% interest rate, a 30-year amortization, and a 5-year balloon. The average rent for one-bedroom units in the area ranges from $600 to $800. The property is situated on a 7,722 square foot lot.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Coeburn
- County
- Wise
- State
- Virginia
- Longitude
- -82.464945
- Latitude
- 36.9460928
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use building featuring apartments and commercial space for sale.
Where is this mixed-use property located?
The property is located at 501 High Ave NE Coeburn, VA.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Owner will owner‑finance with attractive terms: $95,000 down, $300,000 loan at 6% interest, 30‑year amortization, and a 5‑year balloon.; Property includes 6 apartments and a commercial space, offering diverse income streams.; All 6 apartments are desirable 1/1 units, easily rentable.
