238 Main StAbingdon, VA 24210

  • Commercial real estate
  • 12,650 SF
For Lease
$20/SF/YR View listing

Property Details for 238 Main St

Year built
1960
Lot size
1.45 AC
Property size (Sq ft)
12,650 SF
Zone code
ABINGDON
Property type
Commercial real estate
APN
012 1 127
APU
121127

Description

Abingdon Commons, located at 238 W Main St, Abingdon, VA 24210, presents a unique commercial opportunity. This single-story, 1,200 square foot building sits on a 1.452-acre lot and is zoned Abingdon B-3 Central Business. The property, renovated in 2024, features four suites, currently entirely vacant, with a minimum divisible space of 250 square feet. The flexible layout is ideal for a variety of uses, including retail, restaurant, or special purpose businesses. Previously occupied by a temporary tenant (Tumbling Creek Cidery), the property includes a drive-thru facility, making it particularly suitable for businesses requiring this feature. The property's location on W Main St, with cross street access via Remsburg Drive, offers excellent visibility and accessibility. The APN is 012-1-127. Landlords are open to considering seasonal, short-term, or long-term lease options. This is an exceptional opportunity to establish a business in a thriving Abingdon location. The entire 1,200 square feet is available immediately.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,383,202
    Hospitality
    $3,098,995
    Educational
    $2,578,328
    Medical
    $2,667,000
    Retail
    $4,010,732

Location Insight

City
Abingdon
County
Washington
State
Virginia
Latitude
36.7088
Longitude
-81.9782
CBSA code
28700
CBSA name
KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$632,500
$235,300
$867,800
-
$632,500
$235,300
$867,800

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