300 Senior Dr NE - Sports and Entertainment FOR SALE


Abingdon, VA 24210
$989,000 USD
276-698-8311
300 Senior Dr NE, Abingdon, VA for Sale
$989,000 USD
Sports and Entertainment - FOR SALE
1/48
null | Request Cap Rate

300 Senior Dr NE
Abingdon, VA 24210


OVERVIEW

One-of-a-kind investment property. The possibilities are actually endless for this 14,000+ sq ft property. There are a total of 3 parcels included in what is being offered for sale. Presently the property offers Bingo which brings in a full house!. There is a state of the art kitchen which is great for catering or preparing dinners for those private events. Presently, it is the hub for the Meals on Wheels program and a great asset to the community. Gaming machines are offered in a separate area to provide entertainment for those interested. Many large rooms for events and private parties which do not quite need the space of the main ballroom. Numerous private office areas which could be used, rented or converted to other potential uses. Let your imagination run if you are just looking for that next investment for future plans and options. A total of almost 2.5 acres allows for ample parking and possible outdoor activities. Addendum: Banquets, meetings, showers, day care or special interest events are just a few of the untapped potential of this multi-use property. There are very few opportunities to have a solid facility to customize and make it your own. Floor plans are within photos. View virtual tour to see a 3D version of lay out and features. Commercial kitchen, drop down 100" screen incl. projector, full audio system and stage lighting. New HVAC system including 8 central air units and 6 forced air furnaces. Current operating services include Bingo, Meals on Wheels, food distribution and special events. Seller currently holds a beer and wine license. Call today for more information and/or your private showing. Private Remarks: Access key available in listing office. Gross & Net Income are reflective of the P&L Statement under "Documents". Current owner may be amicable to maintaining the gaming license with suitable contract conditions. Avg electric $1,400/mo, Avg water $400/mo, natural gas $280 (kitchen stoves). Office spaces not currently leased. Seller is willing to include all interior personal property in addition to items affiliated with building

FOR SALE DETAILS

PRICE

$989,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Community Center

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,363 SF

ZONING

-

APN/PARCEL ID

005-16-1-AB

ASK ABOUT THIS PROPERTY

Matt SmithMatt Smith RealtyMore Info
276-698-8311

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Matt SmithMatt Smith RealtyMore Info
276-698-8311

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