Fully Leased Commercial Multi-Tenant Office Building in South Hill, VA set for Auction Announces Nicholls Auction Mktg.

May 29, 2024 04:16 PM AEST | By EIN Presswire

Google News:

Fully Leased Commercial Multi-Tenant Office Building in South Hill, VA set for Auction Announces Nicholls Auction Mktg. — Image source: EIN Presswire

Recent News

Monumental Energy Announces Completion of Workover and Resumption of C...

CEA Opens Shanghai–Auckland–Buenos Aires "New International Land-Sea T...

What Makes Portal’s Approach to Market Volatility Unique and Effective...

Temu struggles in U.S. as buyer activation, retention hit record lows:...

FREDERICKSBURG, VIRGINIA, UNITED STATES, May 29, 2024 /EINPresswire.com/ -- Nicholls Auction Marketing Group, Inc., (www.nichollsauction.com) announces that on-line bidding will begin to close on a fully-leased 5-unit commercial business office building, located on highly traveled Rt. 1 with 17 off street parking spaces, many recent upgrades and public utilities on Thursday, June 6 according to John Nicholls, president of the company.

“This is a wonderful income producing investment opportunity minutes from downtown South Hill, VA,” said Nicholls. “This building is well built and well maintained. Bid now and make it yours.”

“The property is conveniently located only minutes from downtown South Hill, .7 miles from Rt. 58, 4 miles from I-85 and 13 miles from the VA/NC line,” said Sid Smyth, Nicholls Auction Marketing Group Auction Coordinator.

The auction’s date, address and highlights follow below noted Smyth.

Date – Thursday, June 6, 2024 -- Online only bidding begins closing at 5 pm EDT
 1361-1369 West Danville Street, South Hill, VA 23970
• Well-built, well maintained and fully leased commercial multi-unit office building in South Hill, VA (Mecklenburg County)
• 2,754 +/- total sf. with a covered porch across the entire front of the building
• $2,690 in total current monthly rental income. Lease details can be found on the auction’s webpage
• Tenants are responsible for paying all utilities, water, sewage, trash pickup and electricity.
• Public utilities; central heating and AC; restroom in each unit
• 17 off street parking spaces in asphalt parking lot
• Each unit has individual heat pumps and water heaters (5 of each)
• Recent upgrades: new roof (2018); remodeled 1361 & 1363 (2018); remodeled 1365 (2019); repainted 1367 (2022); Painted 1369 (2021); new flooring & water heater in 1369 (2022); parking lot sealed & striped (2022); new water heater in 1367 (2023); new HVAC (2 units in 2012, 1 unit in 2014, 1 unit in 2015 & 1 unit in 2016)

The online real estate auction is open to the public. Brokers are reminded that pre-registration is required for compensation.

For more information, call Sid Smyth (434-955-0708) or visit www.nichollsauction.com.

Nicholls Auction Marketing Group, Inc., with over 55 years of auction superiority and over 200 years of combined experience, has been synonymous with excellence and successfully marketing and selling thousands of properties.

# # #

About Nicholls Auction Marketing Group, Inc.

Nicholls Auction Marketing Group, Inc., is a professional accelerated marketing firm specializing in the promotion and sale of real estate via the auction method of marketing. Headquartered in Fredericksburg, VA, NAMG has been serving the needs of the Mid-Atlantic region since 1968. The Nicholls team comprises world and state champion auctioneers, an award winning marketing staff, and sales percentages unmatched in the industry. For more information about Nicholls Auction Marketing Group, Inc., visit www.nichollsauction.com or call 540-898-0971.

Sid Smyth
Nicholls Auction Marketing Group
+1 434-955-0708
[email protected]

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.