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131 Herrell St Street

Pennington Gap, VA 24277
  • $550,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 9956949
UPDATED: 43 min ago
$550,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,000
    SQFT
  • $69
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1960
County:
Lee
Area:

School Ratings & Info

Description

Check out this ready made restaurant, investment and rental property. Restaurant is currently open and serving local customers. Ground area is a restaurant that includes all equipment. Equipment includes, commercial grills, freezers, fridges, deep fryers and the list goes on. The restaurant was recently completely renovated with stained concrete floors, updated kitchen, restrooms, and so much more. This building as so many possibilities. The top floor has 4 apartments (not currently being rented ). But would be great additional income. Building has a ton of storage with lots of extra equipment, freezers, shelving etc. 133' of road frontage on Morgan Ave. 310' of road frontage on Herrell st. Lots of parking. Buyers and buyers agent to confirm all information. Subject to E&O.

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© 2023 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2023-10-04T15:59:58.353.
www.conservusrealestategroup.com/homes/143477143
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131 Herrell St Street Pennington Gap, VA 24277

  • Price: $550,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 43 min ago
  • MLS #: 9956949
0
Beds
0
Baths
0
½ Baths
0.3
Acres
8,000
SQFT
$69
$/SQFT
1960
Built
Neighborhood:
Lee County
County:
Lee
Area:
Lee County
Property Description
Check out this ready made restaurant, investment and rental property. Restaurant is currently open and serving local customers. Ground area is a restaurant that includes all equipment. Equipment includes, commercial grills, freezers, fridges, deep fryers and the list goes on. The restaurant was recently completely renovated with stained concrete floors, updated kitchen, restrooms, and so much more. This building as so many possibilities. The top floor has 4 apartments (not currently being rented ). But would be great additional income. Building has a ton of storage with lots of extra equipment, freezers, shelving etc. 133' of road frontage on Morgan Ave. 310' of road frontage on Herrell st. Lots of parking. Buyers and buyers agent to confirm all information. Subject to E&O.
Exterior Features

Exterior Finish Brick Lot Size .205 Road Access City Street Roof Shingle

Interior Features

Ac Central AirHeat PumpWall Unit(S) Heating CentralHeat Pump Total Sqft Finished 7000.00 Total Sqft Unfinished 1000.00

Property Features

Annual Lease Amount 0.00 Auction No Business Type ResidentialRestaurant City Taxes 500.00 County Taxes 1200.00 Development Status Finished Lot(S) Electric Service 220 Volts Existing Finance Conventional Financing CashConventional Foreclosure No Info Available Books Available Other Equipment BasementCable TvDishwasherExterior LightsFreezerFurnitureGarage Bay(S)Inside StorageRangeRefrigerationRefrigeratorSecurity System Property Condition Above AverageAverageUpdated/Remodeled Restrictions Road Easement Sale Includes Business Only Sewer Public Sewer Short Sale No Water Public Zoning Commercial

Listing information © 2023 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Karla Osborne of Lonesome Pine Realty: (276) 523-0729.



© 2023 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2023-10-04T15:59:58.353.
 
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Conservus Real Estate Group
402 East Main Street
Kingsport TN, 37660