175 Tazewell StWytheville, VA 24382

For Sale
$949,000

High-income producing, 12-unit shopping center.

Overview

Added:
Feb 3
Days on market:
40
This exceptional, 100% occupied shopping mall presents a lucrative investment opportunity in the vibrant heart of downtown Wytheville, Virginia. The property boasts twelve individual commercial spaces, each equipped with its own independent electric meter, ensuring efficient utility management and individual tenant control. The consistent high occupancy rate speaks to the property's prime location and strong tenant base, many of whom have enjoyed long-term leases. Situated in the center of downtown, the mall benefits from high foot traffic and proximity to artisan shops and cultural attractions, creating a dynamic and desirable environment for both tenants and customers. Recent updates have maintained the property in exceptional condition, reflecting a commitment to quality and long-term value. While all parking is publicly accessible, the central location minimizes the need for extensive on-site parking. The 0.13-acre lot provides ample space for the existing structure and its surrounding activity. This is a rare chance to acquire a thriving commercial property with a proven track record of success and significant income potential. The asking price is $949,000.

Property Details for 175 Tazewell St

Property type
Other commercial real estate
Year Built
1960
Lot Size (sq. ft)
5,663 SF

Location Insight

City
Wytheville
County
Wythe
State
Virginia
Latitude
36.95013
Longitude
-81.08426
175 Tazewell St, Wytheville, Virginia

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175 Tazewell St
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