$225,000

7094 Huell Matthews Highway

Alton VA, 24520

Description

RARE RETAIL BUSINESS OPPORTUNITY LOCATED IN SOUTH CENTRAL VA. This property was remodeled in 2016. Part of the remodel included adding a new 2 bedroom/1-3 piece bathroom apartment on the back side of the store with fireproof doors and a concrete patio. This space can be used for living space, office space or even renting it out. Conveniently located on 501 and just a few short miles from the NC Border. This retail establishment was formally known as Moli's Market and Lottery sales alone averaged $51,000 per month in 2018. All equipment conveys which includes; merchandise shelving, new LED lighting, pizza ovens, freezers, refrigerators, washer, dryer, Camera Surveillance system and much more. The Retail space is heated by propane and cooled by central AC. The Residential space is heated/cooled by a new Ductless Mini-Split Heat Pump System. Exxon has agreed to a ten year contract to install two fuel pumps, 1 canopy for $237,000, $100,000 paid by Exxon. Sign in place.

Details

MLS#62435
Sub-TypeResale
StatusActive
Year1970
Days On Site250

Features

SQ Feet3,013
Story(s)1
Units1
ZoningC

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Area Information

StateVA
CountyHalifax
CityAlton
Zip Code24520
AreaHalifax
Listing VS Median (in 24520)
Price:
$225,000
low | high
Med:
$82,000
100% of Average
SqFt:
3,013
low | high
Med:
0
100% of Average
$ / SqFt:
$75
low | high
Med:
$0
100% of Average
On Site:
250
low | high
Med:
289
86.505190311419% of Average
Listing Updated: 09/20/2019
MLS Number: 62435
Listing Provided By:
Kenneth Buckley  of  Long and Foster - South Boston