28 Main St Pulaski, VA 24301
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 28 Main St
- Zone code
- PB3
- Property type
- Commercial real estate
- APN
- 072-051-0022-0054
- APU
- 7205100220054
Description
This exceptional Pulaski, Virginia investment opportunity presents a beautifully renovated, three-story, 15,600 square foot flex space building located at 28 W Main St, 24301. Built in 1920 and extensively renovated in 2023, this mixed-use property offers a unique blend of commercial and residential spaces. The main floor encompasses 6,200 square feet, currently housing a thriving coffee shop occupying half the space, leaving ample room for additional commercial development. The second floor features five fully rented apartments generating consistent rental income, with monthly rents ranging from $685 to $750, plus a $35 pet fee for one unit. The third floor, also 4,700 square feet, offers significant potential for further apartment development, providing an avenue for expansion and increased revenue. The property is offered at $524,500, with a price per square foot of $33.62. This gross lease, multi-tenant property (6 tenants total) presents a compelling investment opportunity combining modern amenities with the charm of Pulaski County's historic district. The building's layout and existing income streams provide immediate returns, while the potential for expansion ensures long-term growth. This is a rare chance to acquire a well-positioned, income-producing asset in a desirable location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pulaski
- County
- Pulaski
- State
- Virginia
- Longitude
- -80.7807
- Latitude
- 37.0481
- CBSA code
- 13980
- CBSA name
- BLACKSBURG-CHRISTIANSBURG-RADFORD, VA METROPOLITAN STATISTICAL AREA
