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Contact Information
Vicki Seagle
(C) (276) 920-4431
Weichert Realtors-Short Way Real Estate
(M) (276) 223-4018
1205 E. Main Street
Wytheville VA 24382
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Listing Details
MLS Number: 100756
List Price: $525,000
Property Type: Commercial Other
County: Wythe
Area: Wythe County
Street #: 134/190
Address: Galilee Church Road
City: Wytheville
State: VA
Zip Code: 24382
Lot Dimensions: 8.29
Property Status: A
Warehouse SqFt:  
Manufacturing SqFt:  
Office SqFt:  
Retail SqFt:  
Addendum: Rehabilitate the vacant units and you could be looking at potential income of $6000 or more. Convert some to storage and add another revenue stream with minimal maintenance. This is the type of property that pays for itself while you build equity and explore the possibilities. The newly constructed Red house has propane and wood stove heat, 1 Trailer has Wood Heat, and the 4 others that are occupied have electric furnaces.
Public Remarks: RARE INVESTMENT OPPORTUNITY - 8.29 ACRES WITH INCOME POTENTIAL......Looking for cash flow with upside potential? This unique property features 10 mobile homes and 1 house on over 8 acres just outside the town limits, currently being used for a large family. The property includes town water, 8 septic systems with 4 leech fields worth over $85, 000 alone(Health Dept. has all the paperwork showing where they are located along with the water lines.)They all have individual electric meters, and there are 4 additional outbuildings(sheds) that convey - all the infrastructure is already in place. What makes this special is the flexibility. Some of the units are occupied and and can produce income right now, while others are gutted and can be remodeled as trailers or new trailers put in their place or can be ready to be converted into profitable storage units or workshops. The property sits outside town limits, meaning fewer restrictions, and lower taxes, but you still have the convenience of town water. There is existing fencing perfect for animals or livestock, making this ideal for someone wanting multiple income streams from one property. Along the back of the property you will find fruit trees, raspberry, blackberry, figs, grapes and blueberries. the red house is a new construction with new electric and plumbing. There is 2 new powerful septic pump grinders on the property and the septic tanks were pumped less than 2 years ago. All the occupied homes have new hot water heaters. Owners are a large family group and are actively searching for something else; so there is a contingency that they find something; but will be willing to work with the New Owners.
Listing Agent: Vicki Seagle (#:722)
Listing Office: Weichert Realtors-Short Way Real Estate (#:252)
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