Ward Real Estate Group, LLC
Listed by Ward Real Estate Group, LLC
$325,000
105 E. Stuart Drive
Details
Property Type Special Purpose
Sub Type Religious/Church
Square Footage 3,142
NOI $9,000
Year Built 1962
Zoning Gen Comm
Parking Spaces 25 spaces
Parking per 1,000 SqFt 7.96
Special Purpose | 3,142 SqFt
Marketing description
Prime commercial building on Hillsville's most desirable corner (.478 ac.) with unrivaled visibility and ultimate versatility at the high traffic intersection of U.S. Rt.#52 and U.S. Rt.# 58 in the heart of downtown Hillsville. Averaging 9,400 vehicles per day, this prime location offers an exceptional opportunity for investors, business owners, or developers looking to capture maximum exposure. The property features 3,142 square feet of ADA compliant commercial space with an open layout, a dedicated kitchen area, a 1,400 sq ft. unfinished basement and 2nd story level (1,742 sq. ft.) for extra storage or an apartment. General Commercial zoning allows for a multitude of flexible uses, and the building has a proven history of versatility, having successfully operated in the past as a popular restaurant and an equipment rental store, and it is currently occupied by a church on a month-to-month lease. Recent upgrades and key features include a new roof installed in 2025, a high efficiency heat pump installed in 2022, a new water heater, two fully handicap accessible restrooms, upgraded electrical systems and an active natural gas connection. The location offers unmatched regional connectivity, situated directly in the vibrant heart of downtown Hillsville, only 1.5 miles from Route 100, and just two miles from Interstate 77.
Listing Contacts
Ward Real Estate Group, LLC
Listed by Ward Real Estate Group, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$9,000.00
$750.00/mo
Valuation Metrics
0
DSCR
2.77%
Cap Rate
2.77%
ROI
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Property History
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