MichaelKane
MLS#2611964
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
FULLY LEASED CRATIVE OFFICE IN SCOTT'S ADDITION! Take advantage of this incredible opportunity to buy a cash flowing asset at an attractive cap rate in the heart of Scotts Addition. Current ownership renovated the property in 2020 and has been fully occupied with a stable tenant base ever since. All leases are NNN protecting the new owner from increased cost or tax assessments. Rents are arguably below market for this location with excellent parking. Opportunities like this don't come around often.
Property Features
Property Type: Commercial - Business
Cooling: Central Air
Roof Type: Flat
Stories: 2.0
Year Built: 1969
Feature Descriptions
Accessibility: Accessibility Features
Building Features: Elevator(s), Multi-Tenant
Days on Site: 77
Exterior: Brick
Lot: Level
Parcel#: N000-1712-003
Sewer: Public Sewer
Topography: Level
Water: Public
Listed By / Shown By
Listed By
Agency Name: One South Commercial LLC
Shown By
Agent Name: Michael Kane
Agent Phone: (804) 551-1920
Agency Title: Kane Company Realty
Licensed Real Estate Firm and Agents in the Commonwealth of Virginia.
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3117 W Clay Street | MLS# 2611964
This commercial property located at 3117 W Clay Street, Richmond, VA 23230 is currently listed for sale with an asking price of $5,200,000. Search Richmond real estate on michaelkane.kanecompanyrealty.com today.