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    7537 Orby Cantrell Highway

    Wise, VA 24293
    • $225,000
    • STATUS: Active
    • ON SITE: 26 days
    • MLS #: 9924769
    UPDATED: 43 min ago
    $225,000
    • 0
      BEDS
    • 6.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,640
      SQFT
    • $26
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Description

    Great investment property! This 20 unit motel was used for both short and long-term rentals up until 2 years ago. This property could easily be converted into multiple office spaces, assisted living quarters, boutique stores, etc. Each unit has an efficiency kitchen, bathroom, and space for a bed and small table or sofa. Any furniture/equipment currently on site in the rental units conveys with the sale of the property. Units are cable ready and have electric heating units. Window A/C units have been used in some units. The condition of each unit varies throughout the building. Each unit has its own water heater, in-room electrical panel, and electric meter for separate utility billing. The building systems are housed in a hallway that stretches the length of the middle of the building between the two stretches of units. There is also an office space and a caretaker unit. The caretaker unit has 2 bedrooms, kitchen, living room, utility room, and a bathroom. The property has around 800 feet of road frontage, and it includes 6.5 acres for room to expand. Schedule your showing today! There is a storage trailer on property filled with building supplies that convey with the property. Buyers and buyers' agents should verify the information contained in this listing. Subject to E & O.

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    © 2021 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2021-07-25T10:59:49.993.
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    7537 Orby Cantrell Highway Wise, VA 24293

    • Price: $225,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 9924769
    0
    Beds
    0
    Baths
    0
    ½ Baths
    6.25
    Acres
    8,640
    SQFT
    $26
    $/SQFT
    1960
    Built
    Neighborhood:
    Wise County
    County:
    Wise
    Area:
    Wise County
    Property Description
    Great investment property! This 20 unit motel was used for both short and long-term rentals up until 2 years ago. This property could easily be converted into multiple office spaces, assisted living quarters, boutique stores, etc. Each unit has an efficiency kitchen, bathroom, and space for a bed and small table or sofa. Any furniture/equipment currently on site in the rental units conveys with the sale of the property. Units are cable ready and have electric heating units. Window A/C units have been used in some units. The condition of each unit varies throughout the building. Each unit has its own water heater, in-room electrical panel, and electric meter for separate utility billing. The building systems are housed in a hallway that stretches the length of the middle of the building between the two stretches of units. There is also an office space and a caretaker unit. The caretaker unit has 2 bedrooms, kitchen, living room, utility room, and a bathroom. The property has around 800 feet of road frontage, and it includes 6.5 acres for room to expand. Schedule your showing today! There is a storage trailer on property filled with building supplies that convey with the property. Buyers and buyers' agents should verify the information contained in this listing. Subject to E & O.
    Exterior Features

    Exterior Finish Brick Lot Size 272250 Sq Ft Number Parking Spaces 25 Road Access HighwayInterstate Roof CompositionShingle

    Interior Features

    Ac NoneWindow Unit(S) Heating ElectricForced Air Number Restrooms 21 Total Sqft Finished 8640.00 Total Sqft Unfinished 0.00

    Property Features

    Annual Lease Amount 0.00 Auction No Business Type Hotel/Motel City Taxes 0.00 County Taxes 1457.28 Development Status See Remarks Easements Power Line Electric Service 220 Volts Financing CashConventional Foreclosure No Info Available See Remarks Other Equipment FurnitureRangeRefrigerator Property Condition Below Average Restrictions See RemarksUtility Easement Sale Includes See Remarks Sewer Septic Tank Short Sale No Water Public Zoning B-2

    Listing information © 2021 Tennessee/Virginia Regional MLS.
    Listing provided courtesy of Virginia Roberts of Century 21 Bennett & Edwards.



    © 2021 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2021-07-25T10:59:49.993.
     
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