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34390306
34390325

106-108 N Main Street, Galax, VA 24333 For Sale

Kyle Realty, Inc.
Listed by Kyle Realty, Inc.
$399,900
7 days on market
Updated 5 days ago
Opportunity zone

106-108 N Main Street

Details
Property Type Mixed Use, Retail
Sub Type Storefront, Mixed Use (+1)
Square Footage 6,776
NOI $32,300
Year Built 1925
Acreage 0.078
Zoning commercial
Parking Spaces 1 spaces
Parking per 1,000 SqFt 0.15

Mixed Use | 6,776 SqFt

Marketing description

Great investment retail property that comes with first floor rented out as retail dog grooming with bathroom and office space, plus a one bedroom apartment on the first floor. Upper floor has two one bedroom apartments and one two bedroom apartment. All rented. Retail store has two entrances and could be two retail spaces but the present renter plans on using both sides. Laundry room on second floor along with a large storage area for renters.. Full basement for storage. Quiet covered sitting area in the back. City parking area across the alley. Main floor has central heat and air. Apartments have individual heat and window air conditions.
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Listing Contacts

Kyle Realty, Inc.
Listed by Kyle Realty, Inc.

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$32,300.00
$2,691.67/mo

Valuation Metrics

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DSCR
8.08%
Cap Rate
8.08%
ROI

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