Court Street Building 201 N Court Ave 6 470 pi² Vacant Local d'activités Immeuble Covington, VA 24426 544 068 $ CAD (84,09 $ CAD/pi²) 9,70% Taux de capitalisation

Fully renovated mixed-use investment property featuring two commercial units and one residential apartment, ideally positioned on a high-visibility corner in Covington, VA. The property offers flexible commercial space suitable for a variety of retail, office, or service-based uses, providing strong leasing potential and diversified income streams.
The building has undergone extensive improvements, including exterior upgrades, new roofing, and fully updated interiors, resulting in a turnkey asset with minimal deferred maintenance. Projected gross annual income ranges from approximately $52,000 to $57,000, offering an attractive return profile for investors.
Located directly across from a public downtown parking lot, the property benefits from convenient and accessible parking for tenants and customers, enhancing long-term usability and tenant appeal. This is an ideal opportunity for investors seeking a stable, cash-flowing asset with flexibility and long-term upside.