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525 Main St 7,000 SF Retail Building Altavista, VA 24517 $682,158 CAD ($97.45 CAD/SF)
Investment Highlights
- High visibility
- Recently cleaned and prepped for renovation
- No restrictions on exterior renovations
- Outdoor seating and entertainment
- Multi-business or tenant capabilities
- 5 total lots
Executive Summary
Property is located in the Altavista Downtown Historical District across from the Town Theater which is undergoing extensive renovations. This 7,000 SF+ commercial building consists of 5 total lots fronting on Main Street. Property is set up for Restaurant or Event type use with kitchen, hood vent, seating areas, outdoor seating/entertainment areas and off-street parking. Due to it being rebuilt in 1965, this building has no historical restrictions on interior/exterior renovations. Property has had extensive cleaning and has been prepped for renovations. Building has been inspected and is certified to be free from lead and asbestos.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,000 SF
Building Class
C
Year Built
1965
Price
$682,158 CAD
Price Per SF
$97.45 CAD
Building Height
2 Stories
Building FAR
1.34
Lot Size
0.12 AC
Zoning
C-2 - RESTAURANT - DOWNTOWN HISTORICAL DISTRICT
Nearby Major Retailers
Property Taxes
| Parcel Number | 83A-11-14-12 | Improvements Assessment | $360,699 CAD |
| Land Assessment | $50,982 CAD | Total Assessment | $411,680 CAD |
Property Taxes
Parcel Number
83A-11-14-12
Land Assessment
$50,982 CAD
Improvements Assessment
$360,699 CAD
Total Assessment
$411,680 CAD
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525 Main St
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