12930 Booker T Washington Hwy, Hardy, VA 24101

$1,235,000

Property Type: Commercial Lot Size (sq. ft.): 38,768 Status: Closed

Current Price: $1,235,000 List Date: 12/04/2023 Last Modified: 9/28/2024

Overview

Description

Introducing a rare opportunity to own a triple-net leased bank branch in the highly sought-after Smith Mountain Lake area. Welcome to 12930 Booker T Washington HWY, Moneta, VA 24121. This impressive property, situated at the corner of a signalized intersection, boasts an unbeatable location adjacent to the Westlake Towne Center. Featuring a one-story brick building with approximately 3,978 square feet of office and bank-style layout. Built in 2004, it sits on a spacious 0.886 AC of level topography. Public water supply from the Western Virginia Water Authority and electricity provided by AEP. Currently occupied by American National Bank & Trust, recently acquired by Atlantic Union Bank, this investment opportunity comes with a solid tenant in place. The property is zoned PCD.

Listing Details MLS# 903600

Location, Tax & Legal

Area: 0400 - Franklin County
Street Number: 12930
Street Name: Booker T Washington Hwy
State/Province: VA
Zip Code: 24101
Municipality: Franklin County

General Property Description

Construction Status: Completed
Year Built: 2004
Total Acreage: 0.89
Road Frontage: 100
Traffic Count: 17000
Flood Area: No
On site Parking: Yes
Gross Building SqFt: 3978
Lease Available: No
Basement Y/N: No
Water Class: N/A

Status Change Info

Ratified Contract Dt: 2024-01-10
Sold Date: 2024-03-25

Business Type

Type of Business (Historical Field): Financial Institution/Bank

More Information

Property Features

Limited Service: Not Limited Service Commercial Type: Investment; Retail Sale Includes: Building & Land Construction: Brick Levels: One Heating: Heat Pump Cooling: Electric; Heat Pump Floors: Carpet; Tile Manufactured Homes: No HUD Tag Water Description: Public Sewer Description: Private Septic Topography: Level

Listing Office: EDWIN C HALL ASSOCIATES INC

Last Updated: September - 28 - 2024

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