1725 Park Ave SW - Medical FOR SALE


Norton, VA 24273
$1,199,998 USD
423-483-5311
1725 Park Ave SW, Norton, VA for Sale
$1,199,998 USD
Medical - FOR SALE
1/6
null | 3% Cap Rate

1725 Park Ave SW
Norton, VA 24273


HIGHLIGHTS

  • Owner User/ SBA Loan
  • Near Hospital
  • Spacious Office Space
  • Located in an Opportunity Zone

OVERVIEW

Secure this prime 7,000 SF commercial space now available for lease and both parcels available for sale! Previously occupied by the Virginia Department of General Services, this expansive property is ideally situated less than half a mile from the Norton Community Hospital in Norton, VA. The layout offers a generous office space, a welcoming reception area, and a sizable conference room, ready for a new tenant to make their mark. As a testament to its exceptional location, current co-tenant is the DMV. Impressively, traffic counts around this property affirm its strategic positioning, with 4,233 vehicles daily on Park Ave NW (crossing 16th St NW, a mere 0.04 miles away) and a substantial 13,970 vehicles passing through Orby Cantrell Hwy (crossing 12th St SW, only 0.28 miles from the property). Moreover, the owner is open to bundling both parcels for a prospective owner-user, making this an attractive opportunity for those considering an SBA loan or owner user. This is a chance to benefit from a thriving location in Norton, and the prospect of customizing a spacious property to your business needs.

FOR SALE DETAILS

PRICE

$1,199,998 USD

PRICE/SF

$100 USD /SF

CAP RATE

3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space, Telecom Hotel/Data Hosting, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

B-3

APN/PARCEL ID

232N-1078

ASK ABOUT THIS PROPERTY

Tyler CarverHurd RealtyMore Info
423-483-5311

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Tyler CarverHurd RealtyMore Info
423-483-5311

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.