For Sale
$394,900

205 Jarratt AveJarratt, VA 23867

9,600 sq ft Commercial Land, VA

Overview

Added:
Dec 11, 2024
Days on market:
114
This 9,600 square foot commercial land parcel at 205 Jarratt Ave., Jarratt, VA 23867, is offered at $394,900. The property currently features three leased commercial spaces on the lower level: one occupied by a nurse educator, one by a beauty/cosmetology school, and one serving as a community shelter. Upstairs, four one-bedroom apartments, each with a large living room, kitchen, and full bathroom, provide residential income. Two apartments are currently leased, with a waiting list for the remaining two. One additional commercial space is available, currently occupied by the on-site building manager. The property is being sold AS-IS. This mixed-use property offers immediate income generation, situated on a high-traffic road near I-95, presenting a strong investment opportunity. Consider this property for 1031 exchange funds. The property's location and existing tenant base provide a guaranteed income stream upon purchase.

Highlights

  • $394,900 asking price.
  • 9,600 square foot land parcel.
  • Located at 205 Jarratt Ave., Jarratt, VA 23867.
  • Commercial and residential income-producing property; currently features three leased commercial spaces and four leased residential apartments.
  • Sold AS-IS.

Property Details for 205 Jarratt Ave

Property type
Land
Square Feet
9,600 SF

Location Insight

City
Jarratt
County
Sussex
State
Virginia
Latitude
36.8142735
Longitude
-77.4687183
205 Jarratt Ave, Jarratt, Virginia

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205 Jarratt Ave
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