Exciting investment opportunity! This unique property features four homes and a former storefront across 3 parcels totaling 1.43 acres, complete with its own dedicated traffic signal for safe exiting of the property. Perfectly located between Food City and Subway, this property is packed with potential for living, renting, or a creative investment venture. Parcel 1 includes 18777 Riverside, a charming 1930s brick-built storefront previously used for goods and antiques, offering 3 bedrooms and a 1/2 bath, and ready for a renovation revival. Nearby, 18787 is a classic 1950-built 2-story brick home with 3 bedrooms, 1 bath, and hardwood floors. Toward the back, 18773 offers a 1988 doublewide with 3 bedrooms, 2 baths, and a rustic wooden front porch. Parcel 2 features 18775, a solid 1950-built brick home with 3 bedrooms, 1 bath, and a metal roof. This parcel also includes an additional structure ready for demolition, offering even more opportunity. Parcel 3 holds 18801, a 2-story brick home with 3 bedrooms, 2 baths, and an impressive 4,300 sq ft, waiting for its next chapter despite some needed repairs. With undeniable charm & potential, this property is just waiting for someone with vision to bring it back to its prime! Home is being sold as-is. Inspections welcome but for informational purposes only. No repairs will be made by the seller.
The median home value in Grundy, VA is $25,000. This is lower than the county median home value of $70,500. The national median home value is $338,100. The average price of homes sold in Grundy, VA is $25,000. Approximately 64.58% of Grundy homes are owned, compared to 18.59% rented, while 16.83% are vacant. Grundy 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 Grundy real estate agent to arrange a tour today!
Grundy, Virginia has a population of 1,112. Grundy is less family-centric than the surrounding county with 5.68% of the households containing married families with children. The county average for households married with children is 21.49%.
The median household income in Grundy, Virginia is $46,406. The median household income for the surrounding county is $37,093 compared to the national median of $69,021. The median age of people living in Grundy is 47.2 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 44.5 inches per year, with 16 inches of snow per year.