Willis VA Commercial for Sale
$189,000
5656 Floyd Highway Willis, VA 24380
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.6 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- 422287
ADDITIONAL INFORMATION
Investment opportunity! Located in the heart of Willis VA this structure has been remodeled and offers two units. Unit A offers a 3 BD / 1.5 BTH with unit B offering 2 BD / 1 BTH. Individual electric meter bases serves each unit. Within walking distance to Willis Village Mart, Jim's Grill, post office and bank.
$179,000
110 Merifield Road Willis, VA 24380
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1975
- Baths:
- MLS#:
- 422256
ADDITIONAL INFORMATION
Make an investment into a cash flowing rental property! Remodeled and updated this property offers 2 units, proven cash flow and is currently occupied with tenants who are on a month to month and agreeable to stay! Approximately 2,088 sq ft encompasses the entire structure. The lower unit features 1 BDR & BTH with an enclosed rear porch. Upper unit offers 2 BDR & 1 BTH. Split units supply both heat and air to each individual unit. Exterior of the building was remodeled in 2021 and interior completed in 2022. Larger well pump installed in 2023. Since remodel completion, the units have been consistently occupied by tenants making this a proven cash flow investment. The property cash flows approximately $24,600 annually. Property is located less than a half hour drive to Floyd and Hillsville VA.
The data relating to real estate for sale on this website comes in part from the IDX program of the New River Valley Multiple Listing Service. This 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. Copyright © 2024 New River Valley Multiple Listing Service. All rights reserved.
Willis Real Estate
The median home value in Willis, VA is $175,800. This is lower than the county median home value of $200,600. The national median home value is $338,100. The average price of homes sold in Willis, VA is $175,800. Approximately 76.41% of Willis homes are owned, compared to 5.41% rented, while 18.18% are vacant. Willis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Willis real estate agent to arrange a tour today!
Willis, Virginia 24380 has a population of 3,018. Willis 24380 is less family-centric than the surrounding county with 17.19% of the households containing married families with children. The county average for households married with children is 29.51%.
The median household income in Willis, Virginia 24380 is $46,431. The median household income for the surrounding county is $51,612 compared to the national median of $69,021. The median age of people living in Willis 24380 is 58.5 years.
Willis Weather
The average high temperature in July is 81.8 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 45.4 inches per year, with 21.4 inches of snow per year.