901 Eighth Street, Radford, VA 24141
- $625,000
- 2,970
- SqFt
- List Price
- $625,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 428607
- Style
- Other - See Remarks
- Living Area
- 2,970
- Acres
- 0.12
- Subdivision
- Other
- MLS Area Major
- Radford City
Property Description
A Radford landmark, reborn. This beloved neighborhood corner store has been given a remarkable second life as a Class A mixed-use investment, restored from the studs with exceptional craftsmanship and no shortcuts. Across from Sunset Park, it offers two 2BR/1BA apartments, an efficiency and 1,260 SF of flexible commercial space. Original hardwoods were revived while structure, layouts, plumbing, wiring, HVAC, roof, windows, doors, siding, kitchens, baths, appliances and finishes were comprehensively renewed. R-15 wall/R-60 roof spray foam, enhanced fire/sound separation, four electric meters, 1-inch water service, 6-inch sewer and 6-inch gutters reveal the investment behind the beauty. Seller's pro forma projects an annual NOI of $46,500, making this a 7.44% Cap opportunity. Own an income-producing piece of Radford history built for durability and low-maintenance ownership. Buyer to verify all info deemed important. Call to schedule your private tour of this revived property today!
Additional Information
- Taxes
- $2,171
- Property Description
- Other - See Remarks
- Flooring
- Ceramic Tile, Hardwood, Tile
- Heating
- Heat Pump, Ductless / Mini Split
- Air Conditioning
- Central Electric, Ductless / Mini Split
- Levels
- Two or More
- Parking
- Off Street Parking, On Street Parking
- School District
- Radford
- Elementary School
- McHarg/Belle Heth
- Middle School
- Dalton Inter
- High School
- Radford
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Listing courtesy of Sycamore Realtors.