308 Washington StSuffolk, VA 23434

This unique mixed-use property in Suffolk, Virginia presents a compelling investment opportunity. Situated on a 0.09-acre lot at 308 W Washington Street, this building is ideally positioned across from the upcoming new library and event venue, capitalizing on the ongoing downtown revitalization efforts. The property features a 950-square-foot commercial space currently under lease, providing immediate rental income. Above the commercial space is a completely renovated residential apartment, offering a comfortable and convenient live-work lifestyle. The apartment boasts two bedrooms, a spacious living room, a brand-new kitchen and bathroom, adding to its appeal. Two non-functional fireplaces add character, while modern amenities include a washer/dryer and a private balcony overlooking the rear of the building. Large windows throughout the apartment ensure ample natural light, creating a bright and inviting atmosphere. This property offers a rare blend of income-generating commercial space and updated residential living, making it an attractive option for both investors and those seeking a unique urban lifestyle in a rapidly developing area. The asking price is $380,000. This is a chance to be part of Suffolk's exciting future.