12930 Booker T Washington Hwy, Hardy, VA 24101

$1,235,000
Property Type: Commercial Lot Size (sq. ft.): 38,768 Status: Closed
Current Price: $1,235,000 List Date: 12/04/2023 Last Modified: 9/28/2024

Description

Introducing a rare opportunity to own a triple-net leased bank branch in the highly sought-after Smith Mountain Lake area. Welcome to 12930 Booker T Washington HWY, Moneta, VA 24121. This impressive property, situated at the corner of a signalized intersection, boasts an unbeatable location adjacent to the Westlake Towne Center. Featuring a one-story brick building with approximately 3,978 square feet of office and bank-style layout. Built in 2004, it sits on a spacious 0.886 AC of level topography. Public water supply from the Western Virginia Water Authority and electricity provided by AEP. Currently occupied by American National Bank & Trust, recently acquired by Atlantic Union Bank, this investment opportunity comes with a solid tenant in place. The property is zoned PCD.

More Information MLS# 903600

Contract Information

Current Price: $1,235,000 Sold Price: $1,235,000 List Date: 2023-12-04 Status: Closed

General Property Description

Construction Status: Completed Year Built: 2004 Total Acreage: 0.89 Road Frontage: 100 Traffic Count: 17000 Flood Area: No On site Parking: Yes Gross Building SqFt: 3978 Lease Available: No Basement Y/N: No Water Class: N/A

Location Legal Taxes

Area: 0400 - Franklin County Street Number: 12930 Street Name: Booker T Washington Hwy State/Province: VA Zip Code: 24101 Municipality: Franklin County

Status Change Info

Ratified Contract Dt: 2024-01-10 Sold Date: 2024-03-25 Sold Price: $1,235,000

Business Type

Type of Business (Historical Field): Financial Institution/Bank

Property Features

Limited Service: Not Limited Service Commercial Type: Investment; Retail Sale Includes: Building & Land Construction: Brick Levels: One Heating: Heat Pump Cooling: Electric; Heat Pump Floors: Carpet; Tile Manufactured Homes: No HUD Tag Water Description: Public Sewer Description: Private Septic Topography: Level
Listing Office: EDWIN C HALL ASSOCIATES INC
Last Updated: September - 28 - 2024
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