298 Wellington Dr Clarksville, VA 23927

This exceptional 0.4-acre commercial land parcel presents a unique investment opportunity in Clarksville, Virginia. Located in Mecklenburg County, this property boasts a prime lakefront position on Buggs Island Lake (also known as Kerr Lake), offering stunning waterfront views. The asking price is $595,000. Currently improved with a duplex featuring two units, each equipped with two bedrooms, a bathroom, a kitchen, a living room, and a covered porch. The property includes access to a sandy beach and a private dock (to be completed by a specified date in the past). The existing duplex generates significant rental income, exceeding a 10% capitalization rate, making it an attractive investment for those seeking strong returns. The units are currently booked frequently through Airbnb, providing a proven track record of profitability. Showings are strictly by appointment only due to the high occupancy rate. This property offers a blend of recreational appeal and substantial investment potential, ideal for developers or investors seeking a high-yield waterfront asset in a desirable Virginia location. The property's address is 298 Wellington Drive, Clarksville, VA 23927.