1202 Anchorage CirVansant, VA 24656

  • Other commercial real estate
  • 75,000 SF
For Sale
$2,590,000 View listing

Property Details for 1202 Anchorage Cir

Year built
1970
Lot size
5.80 AC
Property size (Sq ft)
75,000 SF
Property type
Other commercial real estate

Description

This exceptional commercial investment property, situated at 1202 Anchorage Circle in Vansant, Virginia, presents a compelling opportunity for discerning investors. Boasting over 75,000 square feet of versatile space, ideal for retail, office, or warehouse uses, this property is currently generating income from multiple long-term tenants, promising a strong and stable return on investment. The property sits on a substantial 5.8-acre lot, providing ample space and significant road frontage exceeding 2,000 feet along State Highway 460. This prime location benefits from excellent visibility and accessibility, enhanced by a VDOT-maintained stoplight with dedicated turn lanes, ensuring convenient access for customers and employees. The property features over 350 parking spaces, accommodating a large volume of traffic. Individual utility meters for each unit offer efficient cost management and streamlined operations. Multiple access points from State Highway 460 further enhance the property's accessibility and operational flexibility. This property offers a highly attractive cap rate and represents a rare opportunity to acquire a substantial, income-producing commercial asset in a desirable location. The substantial size, multiple tenants, and prime location combine to create a truly exceptional investment prospect. The property is priced at $2,590,000.

1202 Anchorage Cir, Vansant, Virginia

Location Insight

City
Vansant
County
Buchanan
State
Virginia
Latitude
37.2387
Longitude
-82.0715

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