Two multi-story buildings located in Altavista, VA. Active Rail spur on-site. One building was built in 1975 and is in good condition (and 100% occupied), the other was built in 1960 and is in fair-poor condition and completely vacant. Tenant is strong and has been on-site for over a decade. Additional features include a sprinkler system, 14' ceilings, Gas heat is available and cooling is not available, flat roof with a rubber membrane cover, concrete deck and floors, 8 dock high doors and 2-drive in doors. Additional features include a sprinkler system, 14' ceilings, flat roof with a rubber membrane cover, concrete deck and floors, 6 dock high doors and a rail spur (service) directly to the north side of the building, an interior metal stairwell and a 10,000 pound freight elevator provides access to all levels. Vacant building has two floors with ground-access and truck-docks. 30,000 SF of reasonably marketable space. (upper floors will be difficult except for potential growth of existing tenant). Pad ready sides to the east enable strategic growth.
The motel has 11 rooms, 5 singles and 6 doubles. The motel also has an owner/manager quarters in the office area. All fixtures, furniture, appliances and such are sold as Is . The motel does need some updating and this would make a wonderful investment for hands on owner. The motel rooms are currently rented by the day, week or month.
3.0 Acres (current improvements - no value)
Price Upon Req.26 acres
SEALED BID DEADLINE: JUNE 24th, 2014LAND504 Pittsylvania AvenueAltavista, VALot Size: 25.99 AcresLocated along the Roanoke River, this versatile site offers proxmity to the Norfolk SOuthern Railroad running through downtown Altavista and easy access to US 29, as well as Altavista's main retail corridor.
Price Upon Req.44 acres
44 acres with 700 feet of road frontage along Rt-501 Water and sewer available on-site Property can be sub-divided
Corner parcel on 1.8 acres located between Wells Fargo bank and Rustburg Marketplace Shopping Center. Directly across the street from the Campbell County Courthouse. Zoned B-GC. Site is ideally suited for any retail and office development or legal professional firms needing to be in close proximity to Campbell County courthouse. Water and sewer available on site.
Income / Business
Beautiful 6136 Sq Ft Church ( Building). Has many upgrades. Property is well suited for Church, Day Cars, Assisted Living, Office and more. Owner is relocating & motivated.... says "Bring Offers".
Corporate ground lease to McDonald's offered at a 4% cap rate. 14 years remaining on initial 20-year term. 10% rent increases every 5 years with 6 five-year renewal options.
Price Upon Req.9,100 SF
26 acres with 1,000 ft of road frontage along US Rt 29 South consisitng of the following improvements: 2,763 sq ft freestanding restaurant facility, 8,000 sq ft multi-family facilty (8 units) and 1,100 sq ft residential rental house. Annual gross income from the multi-family units and the rental home is $49,200. All rentals are currently 100 % occupied. The property fronting US Rt 29 South is zoned B-GC for commercial use and the back half of the property is zoned R-SF which allows for the redevelopment of up to 64 single family homes. County water is avail along both US Rt 29 South and Rt 24.
+/- 14 acres with 966 feet of frontage along US Rt 29 North, 19,000 vehicles per day traffic count along RT 29 in front of site, property is ideally suited for redevelopment, 3,600 sq ft distribution building currently on site. Call George Lupton 434-455-2306 or Norman Moon 434-455-2302 with Cushman & Wakefield | Thalhimer for more information.