680 Chapman RdWytheville, VA 24382

This mixed-use property at 680 Chapman Rd., Wytheville, VA 24382, offers a compelling investment opportunity. The 3,000 sq. ft. warehouse building generates substantial annual income, currently leased to a reputable tenant, minimizing vacancy risk and ensuring immediate cash flow. The property boasts a strong 10% cap rate, with a current annual income of $29,400. A key feature is the on-site billboard, which significantly contributes to the overall revenue, currently generating double the income of the warehouse itself. This presents a unique advantage, as there are no other available billboard locations in Wytheville, ensuring continued high demand and income potential. The property's convenient location near major highways facilitates easy logistics and consistent tenant demand. This turnkey investment is ideal for those seeking a low-maintenance, passive income stream with significant upside potential. The current leases provide immediate income and the flexibility to adapt to future tenant needs, making this a versatile and attractive asset for long-term growth. The asking price is $289,900.