329 Main StAbingdon, VA 24210

  • Other commercial real estate
  • 5,388 SF
For Sale
$599,000 View listing

Property Details for 329 Main St

Year built
1992
Lot size
0.14 AC
Property size (Sq ft)
5,388 SF
Zone code
ABINGDON
Property type
Other commercial real estate
APN
011 12 1
APU
11121

Description

This exceptional commercial property, located at 329 W Main Street, Abingdon, VA, presents a remarkable investment opportunity. The 5,304 square foot, two-story brick building sits on a prominent corner lot at the high-traffic intersection of Main Street and Russell Road, ensuring excellent visibility. The building boasts 5,124 square feet of finished space, thoughtfully divided across two floors, each with its own dedicated entrance accessible from both Main Street and a rear parking lot. This versatile space is ideally suited for a variety of uses, thanks to its B-3 (Central Business) zoning, allowing for retail, restaurant, or professional/medical office spaces. Its convenient location, just steps from Abingdon's historic center, adds significant appeal. The property includes a rear parking area, supplemented by on-street parking along Russell Road. Currently configured for two tenant spaces, this property is ready for immediate income generation. The lot size is 0.11 acres. All information should be independently verified.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,441,004
    Hospitality
    $1,319,952
    Educational
    $1,098,184
    Medical
    $1,135,952
    Retail
    $1,708,286
329 Main St, Abingdon, Virginia

Location Insight

City
Abingdon
County
Washington
State
Virginia
Latitude
36.7088
Longitude
-81.9813
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
-
$73,200
$344,700
$417,900
-
$73,200
$344,700
$417,900

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].