Excellent Investment Portfolio with an immediate 12+% ROI, and with the final office space rented, will bring as much as a 17+% ROI. This property consists of 4 structures. Structure #1 is a free standing commercial building, currently rented by the US Post Office for over 30 yrs, and renew with long term contracts. Structure #2 is an 8,000 SqFt free standing commercial building with 4 office spaces consisting of 2000 SqFt each. Three of these office spaces are rented, and renew with long term contracts. Structures #3 & #4 are single family dwellings that have been rented by the same tenants for decades. Both residential structures can also be utilized as commercial offices if desired. Both commercial structures are GSA (Government Services Approved), and automatically renew every year. Each structure has been remodeled, has new metal roofs, HVACS, and so much more. All details, including the 2018 P & L are on file. Call listing agent for appointment.
Claim this home to receive a free report every month with insights on the changing estimate.
Market trends in 24656, VA
Last updated August 2026
Sale-to-List Price
108.3%
0.0% MoM
Median sale price
$130K
$0 MoM
Avg. days on market
92d
0 days MoM
Recently sold homes
1
0 MoM
Provided by Redfin
Sale history for 1931 Lovers Gap Rd Unit -
Date
Event
Price
TVRMLS #424236
Nov 21, 2019
Sold
$400,000
Jul 10, 2019
Listed
$499,900
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Buchanan County
APN
2HH185047 ENLG B
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 2023.
Property details
Interior
Heating & Cooling
Has Cooling
Cooling: Central Air, Heat Pump
Has Heating
Heating: Heat Pump, Central
Exterior
Exterior Features
Roof: Metal
Building Information
Levels: Two, One
Construction Materials: Brick
Property Features
Has View
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Other
Lot Information
Lot Features: Level
Lot Size Dimensions: N/A
Zoning Description: Comm-MF-Res
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Schools Information
Elementary School: Out Of Area
Middle Or Junior School: Out Of Area
High School: Out Of Area
Location Information
Directions: From I-81, take Exit 14 onto VA-140 toward Abingdon, US-19N. R on Old Jonesboro Rd, R on W. Main St, L on Porterfield Hwy, L on Redbud Hwy, R onto Putnam Bypass, continue onto Drill Rd, L onto Robinson Ford Rd, R onto Deskins, R onto Lovers Gap Rd, Properties on R.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Buchanan County
APN: 2HH185047 ENLG B
Home facts updated by county records on Sep 18, 2023
Around this home
Schools
Riverview Elementary/Middle School
Public PreK-8 • Assigned • 6.6mi
5/10
Grundy High School
Public 9-12 • Assigned • 4.9mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Vansant, VA • 24656
Average low and high temperatures (°F)
41
23
50
30
66
40
74
49
74
53
84
63
87
69
82
63
80
58
71
46
60
40
50
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.5 hours in
June and 4.1 hours in December, placing it below the
U.S. average for solar exposure.