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First Citizens Bank 1145 E Atlantic St

2,240 SF Retail Building South Hill, VA 23970 $1,977,371 CAD ($883 CAD/SF)

Banks Virginia South Hill 1145 E Atlantic St, South Hill, VA 23970

Executive Summary

PRIME RETAIL LOCATION - 2,240 SF former bank branch on an outparcel to a Walmart Supercenter. Located in a prime retail corridor in Mecklenburg County, Virginia.
EASY ACCESS – Located at a lighted intersection with multiple points of ingress/egress and convenient access to Interstate 85 (less than 1/3 of a mile)
HIGH VISIBILITY - High visibility and prominent signage opportunity with over 24,000 VPD on E Atlantic Street
DRIVE-THRU - 4 drive-thru lanes
SITE CHARACTERISTICS - 0.9 -acre site with abundant onsite parking (30 spaces)
IDEAL FOR VARIETY OF USES - Retail Businesses/restaurants as well as professional office users
DEED RESTRICTIONS – 5 year financial institution deed restriction
SALE PRICE - $1,395,000

Attachments

South Hill_VA_1145 E Atlantic St

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
2,240 SF
Building Class
C
Year Built
1993
Price
$1,977,371 CAD
Price Per SF
$883 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.10 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C2 - Commerical
Parking
20 Spaces (8.93 Spaces per 1,000 SF Leased)
Frontage
200 ft on East Atlantic Street
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Nearby Major Retailers

Applebee's
First Citizens Bank
Five Guys
Starbucks
Cracker Barrel Old Country Store
Food Lion

PROPERTY TAXES

Parcel Number 31955 Improvements Assessment $425,330 CAD
Land Assessment $953,591 CAD Total Assessment $1,378,921 CAD

PROPERTY TAXES

Parcel Number
31955
Land Assessment
$953,591 CAD
Improvements Assessment
$425,330 CAD
Total Assessment
$1,378,921 CAD
(919) 576-2514

Contact

  • Listing ID: 32082857

  • Date on Market: 2024-06-10

  • Last Updated:

  • Address: 1145 E Atlantic St, South Hill, VA 23970

The Retail Property at 1145 E Atlantic St, South Hill, VA 23970 is currently available for sale. Contact Lee & Associates for more information.

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First Citizens Bank | 1145 E Atlantic St
(919) 576-2514 x

First Citizens Bank | 1145 E Atlantic St

James Bailey

(919) 576-2514

(919) 576-2514

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