Property 7474409

4.82 Acres in Amherst County

111 Seminole Drive Madison Heights VA 24572  |  Amherst County, VA
  • $2,500,000
  • 4.82 acres

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Listing Status: Active
Listing Type: Sale
Property Type(s):
MLS ID: RFGCB
Irrigated: No
Residence: Yes
Property ID: 7474409
Property Website

Property Description

The Food Lion Center is approximately 41,000 sq. ft. situated on almost 5 acres in Madison Heights, Virginia. Completed in 1986, the Center consists of two Tenants: Food Lion is occupying approximately 32,000 sq. ft. and River Church is occupying 8,640 SQ. FT. Food Lion has planned some remodeling of the store in 2018. Roof under warranty until January, 2023. Having an average Net Operating Income of approximately $218,000 over the last three years, the Center offers excellent cash flow.

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Driving Directions

Rt. 29 North to Madison Heights. Turn right at light at CVS to Center on the left.

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RICHARD READ

Coldwell Banker Commercial Read & Co.

(434) 455-2285 (work)

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Contact Seller

RICHARD READ

Coldwell Banker Commercial Read & Co.

(434) 455-2285 (work)

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