600 E Atlantic Street

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600 E Atlantic Street

Emporia, VA 23847
Asking Price
$350K
Asset Type
Bank Retail
Class
Class B

What's Special

Retail | 1,448 SqFt <ul><li>​<span style="font-size: 13px">1,448± SF freestanding former bank building</span></li><li>​<span style="font-size: 13px">Leased month to month offering immediate income or owner-occupant</span></li><li>​<span style="font-size: 13px">Commercial and Residential Zoning</span></li><li>​<span style="font-size: 13px">Prime location on the corner of E Atlantic Street at the intersection of Southampton Street and Broad Street</span></li><li>​<span style="font-size: 13px">Large 2.48± acre lot inc

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

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