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Historic Centertown Bedford Commercial Building for sale

By Scott Fogleman

Real Estate Agent with New Home Team VA#0225195155

March 24, 2012 09:00 PM

102,104,106 N. Bridge St - Bedford

Offered at: $299,900

See Website: 102104106nbridgest.ePropertySites.com
For more pictures instantly: Text "135870" To 79564

P r o p e r t y I n f o r m a t i o n

Bathrooms:	2	Square Feet:	4,776
Lot Size:	2,395 (0.06 acres)	County:	Bedford
Year built:	1900	MLS Nbr:	271480
Property Type:	Income

Property Description

This is an incredible opportunity for an investor. Currently 100% tenant occupied, this property can pay for itself in less than 15 years. Well established tenants in two year leases. Many recent upgrades including new vinyl windows, kitchen and bath upgrades, 5 year old rubber membrane roof with 30 year warranty. Cafe has been completely renovated 3 years ago. This property is a key piece to Bedfords history as Greens Drug was once located in the corner office space and was where the news of the D-Day casualties arrived via telegraph. The property is very centrally located in Bedford City and has easy access to Highway transportation and is within an hour of two airports. It is the highest traffic count area of Bedford City and has strong service and restaurant tenants. Long rental history available. City wide wireless internet is available. Upstairs office space has previously been an apartment kitchen and two baths and 4 office spaces in the current floor plan. The lower office space has 3 offices and a reception area and updated bath. Tenants pay electric and utilities, keeping costs down and investment strong