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24276 Bennett St

3,280 SF 1% Leased Office Building Parksley, VA 23421 $250,000 ($76/SF)

Investment Highlights

  • Second-story apartment generates $2,100 a month in rental income.
  • Features a storefront on the first level and a newly renovated, turnkey two-bedroom residential apartment.
  • Located on a corner lot in the Victorian Town of Parksley.
  • Beautiful, vintage Coca-Cola mural/signage on the building.

Executive Summary

Investor special! This commercial property is over 3000 square feet with a store front on the first level and a recently renovated residential second level. Located in the Victorian Town of Parksley, this building is on a corner lot on Bennett Street. Adding to the the charm is a recently refurbished Coca Cola mural advertisement on the exterior from the 1950's. Property is serviced by the Town of Parksley for water, sewer and trash pick up. Second story residential apartment has recently undergone a renovation and is TURN KEY. Two bedroom, one bathroom with living area and makes for the perfect rental. Brand new drywall, mini splits, plumbing, and more. Property brings in $2,100 a month. Call the agent today for more information and to schedule a showing.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,280 SF
Building Class
C
Year Built/Renovated
1950/2019
Price
$250,000
Price Per SF
$76
Percent Leased
1%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,640 SF
Building FAR
1.08
Lot Size
0.07 AC
Zoning
Commercial - Commercial
Parking
11 Spaces (3.35 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Central Heating
  • Natural Light
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 078-A1-01-00-0007-00
  • 078-A1-01-00-0008-00
Land Assessment
$40,900 (2024)
Improvements Assessment
$441,000 (2024)
Total Assessment
$481,900 (2024)
  • Listing ID: 30742663

  • Date on Market: 1/23/2024

  • Last Updated:

  • Address: 24276 Bennett St, Parksley, VA 23421

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