2706 Virginia AveCollinsville, VA 24078

Property Details for 2706 Virginia Ave

Year built

1962

Property size (Sq ft)

87,370 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

This exceptional 87,370-square-foot single-tenant retail and office property, located at 2706 Virginia Ave, Collinsville, VA 24078, presents a compelling investment opportunity. Situated on an 8-acre lot in Southern Virginia's thriving Collinsville submarket, this one-story, 1962-built center underwent a complete façade renovation in 2022. Currently, 42,825 square feet are available, offering significant potential for expansion or redevelopment. The property boasts a prime location on Virginia Avenue (US 220 Business), at a traffic-controlled intersection ensuring high visibility. Ample parking is provided with 381 spaces. The center benefits from strong anchor tenants including Schewel Home Furnishings, Dollar Tree, and Truist Bank, contributing to a diverse tenant mix. Utilities are serviced by Appalachian Power. The property is zoned B1 and features the APN 038930002. This is a rare opportunity to acquire a well-located, renovated retail and office center with significant upside potential in a growing market. No elevators are present.

Location Insight

City

Collinsville

County

Henry

State

Virginia

Latitude

36.7172

Longitude

-79.9109

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