REDUCED: INCOME PRODUCING COMMERCIAL PROPERTY. PRODUCING.$1700 PER MONTH, $20,400 ANNUAL INCOME RETURN. Excellent commercial investment, income producing property, near downtown West Jefferson and central business district. This building presently offers 2 commercial units with 2 long term tenants, a pawn shop and a game store, with leases renewed April 1, 2018 for 1 year, each tenant paying $850/month.... Quality metal insulated building with stone accents, and engineered flooring. Each tenant has approximately +/-1,100 square feet of space. Can open up to be used as one commercial space. Excellent highway visibility, access, parking, and rear delivery entry. Each unit offers heat pump with A/C, city water/sewage and handicap bathroom. One unit has a kitchenette. Great investment opportunity. Simply take over lease with strong rental history, or create an opportunity to bring a new business. Growing West Jefferson commercial market. CURRENT MONTHLY RENTAL INCOME IS $1700.
| DAYS ON MARKET|| 270|| LAST UPDATED|| 6/13/2018|
| TRACT|| None|| YEAR BUILT|| 2005|
| COMMUNITY|| 16-Jefferson, West Jefferson|| COUNTY|| Ashe|
| STATUS|| Active|| PROPERTY TYPE(S)|| Commercial|
| Prior to Jun 13, '18|| $264,500|
|Jun 13, '18 - Today||$256,000|
|AREA||16-Jefferson, West Jefferson|
|UTILITIES||220 Volt Power,Cable Available,High Speed Internet|
|ZONING||Business/Comm,Central Business,General Business|
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Listed with Peak Mountain Properties, Inc
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