1516 Franklin ST, Rocky Mount, VA 24151 (MLS# 906035)

$299,000

1516 Franklin ST
Rocky Mount, VA 24151
MLS# 906035

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Property Description
Commercial Building for Sale in the Town of Rocky Mount! Great Location offering Diverse Business Opportunities, Multi-Use & Professional Office space. Ample square footage, Well Maintained Building. Parking availability & accessibility. **Investment Opportunity for various business ventures in the hub of Franklin County!** Seller will entertain all reasonable offers!

Details

Contract Information

Current Price: $299,000

List Price: $299,000

List Date: 2024-03-23

Status: Pending

General Property Description

Construction Status: Completed

Year Built: 1977

Type of Business: Office/Retail/Investment

Total Acreage: 0.35

Flood Area: No

On site Parking: Yes

Gross Building SqFt: 3348

Lease Available: Yes

Basement Y/N: No

Water Class: N/A

Location, Legal & Taxes

Major Area: 04 - Franklin County

Area: 0400 - Franklin County

Street Number: 1516

Street Name: Franklin

Street Suffix: ST

State/Province: VA

Zip Code: 24151

Subdivision Map: N/A

Legal: Tax Map 0630010001

Municipality: Franklin County

Tax ID: 0630010001

Annual Taxes: 1082

Remarks & Misc

SA Comp: 0.0%

Directions: Rocky Mount (Downtown): Rt.40W, Commercial Building on the Right.

Status Change Info

Ratified Contract Dt: 2024-04-12

Income & Expenses

Net Operating Income: 25830

Operating Expense: 6558

Property Features

Limited Service: Not Limited Service

Commercial Type: Investment; Office; Retail

Sale Includes: Building & Land

Construction: Brick

Roof System: Shingle

Heating: Heat Pump

Cooling: Heat Pump

Floors: Carpet; Vinyl

Manufactured Homes: No HUD Tag

Water Description: Public Water

Sewer Description: Public Sewer

Water Heater Type: Tank

Water Heater Energy: Electric

Documents Available: Topo/Aerial Map

Topography: Level

Listing Office: LONG & FOSTER - FRANKLIN CO

Last Updated: April - 13 - 2024

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