266 E. MAIN STREET Abingdon, VA 24210

$700,000
266 E. MAIN STREET, Abingdon, VA 24210
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393367

Commercial Property for sale in Abingdon, VA

for $700,000. This 3,306 square foot building was built in 1889 on a lot size of .27 Acre(s).

Property Information

  • $700,000
  • Commercial
  • 3,306 Square Feet
  • Taxes are $846
  • Historical
  • Active
  • 3 Floors
  • Lot size of .27 Acre(s)
  • Built in 1889
  • Unit 1
  • Abingdon, VA
  • Washington County
  • MLS/Web ID is 393367

Description

This property is a beautiful image of historic Abingdon, VA. Recent restoration has preserved the structures integrity, while expanding the space to accommodate foodservice and hospitality. A finely detailed commercial chef's kitchen has been added, with a banquet room and outdoor entertainment space. This corner lot property dates back to 1825. The most recent update and restoration was completed four years ago. Those improvements include new HVAC system, refinished interior and exterior, new wiring and plumbing throughout, spray foam insulation, 1530 ft. addition offering large dining space, covered porch and deck, and with a complete commercial kitchen. The exterior has been landscaped, offers an outdoor patio for events, and 20+/- street front and off street parking. The outdoor space accommodates handicap accessibility with ramp and railing. A 14'3" stainless steel CaptiveAire hood and suppression system, with 9 baffled filters and 6 suppression nozzles, is a conveying fixture. Also conveying, are two 6'4"x6'6" Norlake walkin coolers. One cooler is a medium temp. unit, while the other is a low temp. All restaurant equipment has been inventoried and valued by an industry appraiser. The restaurant equipment does not convey with the real property, but can be offered for sale.

Interior 5

Appliances

  • Freezer

Cooling System

  • Central Air

Heating System

  • Central Heat
  • Forced Air
  • Gas

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 3

Road Frontage

  • City Street

Roof

  • Metal

Siding

  • Frame Exterior

Miscellaneous 3

Commercial

  • 220 Volts
  • Outside Storage
  • Pole Sign
  • Security System / Alarm

Possession

  • At Closing

Restrictions

  • Gas Easement

† Excluded Feature

Listed By

Listing Agent: FRED MCCLELLAN
Broker: CALLEBS REALTY

266 E. MAIN STREET , Abingdon, VA, 24210 is a Commercial Property for sale at $700,000 with 3,306 sqft and a lot size of .27 Acre(s). 266 E. MAIN STREET was built in 1889. The property's zip code is 24210 which is in Abingdon, VA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Abingdon $343,011 51 % below $248,900 64 % below
Commerical listings in Abingdon $631,643 10 % below $355,000 49 % below

Get the facts about Abingdon, VA!

Population 8,043
Population Growth (since 2000) 10 %
Median Income $37,559
Median Age 42.89
Households w/ Children 24 %

Residential Dwellings

  • Owned 2061
  • Vacant 338
  • Rented 1714

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