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16601 Russell Street, St Paul, VA 24283

Commercial Property MLS# 373918 ID: 43155930
$299,900 Get Rates

Commercial/Industrial - St Paul, VA
Great business property located in the heart of St Paul, VA with a large amount of thru traffic daily. One of the oldest buildings in the town, it was first used at St Paul National Bank and most walls are built with 12 to 18 inch brick. Foundation consists of 24 in. cut rock. Located on the corner of Russell and Wise St., it currently is being rented out as a restaurant and a church on the main level and previously had a flower shop rental. Most equipment to operate these businesses is owned by the seller, with the exception of the Church. The second floor consists of 4 apartments that are being rented as short stay units and consists of 2 bedrooms and 1 1/2 or 2 baths. These units are move in ready with all that is needed down to the linens. These units include internet, tv, water and sewer for $900 per month. The attic has lots of storage and the basement also has some storage. The building is heated and cooled by heat pumps and has high speed interned and a security monitor for most of the building. There are 10 parking spaces on the side of the building and parking on the street. The plumbing is new to the basement area and 96% of the wiring has been replaced. The apartment area also has 2 coin operated washers and dryers for the use of the occupants. These pay for the water bill each month. The roof was replaced by a new metal roof in 2012. Restaurant has a tankless water heater and all apartments have their own water and heat pump. All floors in the apartments are newer laminate and most have a walk in closet. The restaurant has tile. The building owner has restored as much of the beautiful woodwork and integrity of the building as possible. Building is located approx. 1 mile from Spearhead Trail. A must see! Owner is related to the agent

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Please call (423) 217-0346.

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Property Features for 16601 Russell Street
Market Status
Last Updated
September 15, 2017
Property Type
Commercial Property
Year Built

Building Features

  • Cooling System: Heat Pumps
  • Heating System: Heat Pump
  • Roof: Metal
  • Stories: 2.0
  • Central Air
  • Heating Fuel: Electric

Exterior Features

  • Exterior Construction: Brick; Stone
  • Parking: 10 spaces

Interior Features

  • Alarm System


  • Taxes: 230

Listing Features

  • Property Type: Commercial; Commercial/Industrial

Data Provided by:
Tennessee Virginia Regional Multiple Listing Service

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More information about this $299,900 Commercial Property at 16601 Russell Street

This $299,900 Commercial Property at 16601 Russell Street in St Paul, VA is presented by ANNETTE LEONARD. This $299,900 Commercial Property, located in the 24283 zip code, has the following property features: Taxes, Alarm System, Property Type, Roof. This 16601 Russell Street Commercial Property, located in , is listed under MLS listing number 373918 and has a listing price of $299,900. You can find more ST PAUL homes for sale here.