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423-968-7653
Commercial ()

207 Northeast Diagonal Ave, Coeburn, VA 24230

Price: $1,000,000  Price Per ft²: $100.00  List Date: 2026-01-14  DOM:  3
City Tax: $700 County Tax: $2,000
Year Built: 0 pre-1978 Homes

Finished Area: 10,000 ft²

Unfinished: 0 ft² (not in garage)  

Total Area: 10,000 ft² (Finished & Unfinished)

Lot Size: 0.50 acre(s)Lot Dimensions: See acreage
Heating: Heat PumpCooling: Heat PumpWater & Sewage: Public

Description

Excellent investment opportunity featuring four separate structures with immediate income and significant upside potential. Additional properties are located at 225 2nd avenue, 402 Queen Street, and 710 Lynncrest. This portfolio includes a brick quadplex that is fully rented, providing steady cash flow from day one. Also included is a large downtown building offering a storefront space in need of renovation, presenting an ideal value-add opportunity, along with a 3-bedroom apartment that is currently rented. A second quadplex is partially occupied with 3 of 4 units rented, and a newer duplex with both units rented adds modern appeal and stability to the income stream. Rents across the properties have not been increased in quite some time, offering strong potential for future growth through rent adjustments and improvements. With multiple income-producing assets and room to add value, this is a rare opportunity for investors seeking both immediate returns and long-term upside.taxes are approximate, as tax rate hasn't yet been determined for new assessment

Community Information

Geographical
County: Wise
Subdivision:
Zoning: Commercial
School System
Elementary
Middle
High

Interior

Exterior

Roof: Metal, See Remarks, Shingle Exterior Finish: Brick, See Remarks, Vinyl Siding 

Photos

1st photo of 207 Diagonal Avenue Photo #2: 207 Diagonal Avenue Photo #3: 207 Diagonal Avenue Photo #4: 207 Diagonal Avenue Photo #5: 207 Diagonal Avenue Photo #6: 207 Diagonal Avenue Photo #7: 207 Diagonal Avenue Photo #8: 207 Diagonal Avenue
Listing by Remax Results Bristol
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