By: Elaine VonCannon, ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX Hall of Fame
Excellent investment opportunity in Mathews with existing long term tenant in place. Current tenant has 5 years left on current lease with a renewal option. Historical cap rate of 9+. Current use is retail grocery with ample off street parking. Call Elaine VonCannon or John Starke for more information. Do not contact existing tenant or his employees. Land and building is the only part of this sale. Owner financing available. Income is about 8,500 a month (which includes an override that changes).
Directions: On Main Street into Mathews
| OWNER FINANCING, Excellent investment opportunity in Mathews with existing long term tenant in place. 30020597 |
| $950,000.00 |
| Commercial Properties |
| MATHEWS |
| 15478 Buckley Hall Road |
| MATHEWS TOWNSHIP |
| VA/23019 |
| n/a |
| 2 bathrooms |
Elaine is a published author on real estate both commercial, residential and property management. Her articles are on her web sites for you to read and enjoy.
Visit my web sites to view other listings at www.voncannonrealestate.com www.elainesrealestateinvirginia and www.estatesinvirginia.com You will also find articles and more information on homes, the Virginia real estate market and my team.
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