Description
This commercial property offers a unique investment opportunity in the heart of Charlottesville. Currently, 574 sq. ft. of the building is leased to the U.S. Post Office, providing a stable annual income with the lease secured through November 2028. The remaining square footage is available for renovations and could be converted into additional rental space, creating the potential for increased cash flow. The generous lot offers off street parking in the back. With excellent visibility on US Highway 40 and convenient access to the surrounding area, this property is ideal for investors seeking a mix of immediate income and future growth potential.
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School Ratings & Info
Description
This commercial property offers a unique investment opportunity in the heart of Charlottesville. Currently, 574 sq. ft. of the building is leased to the U.S. Post Office, providing a stable annual income with the lease secured through November 2028. The remaining square footage is available for renovations and could be converted into additional rental space, creating the potential for increased cash flow. The generous lot offers off street parking in the back. With excellent visibility on US Highway 40 and convenient access to the surrounding area, this property is ideal for investors seeking a mix of immediate income and future growth potential.
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