Professional Office Condos

Falls Plaza Professional Office Condos

98 - 5,338 SqFt  |  Zoned B2  

Falls Plaza Professional Office Condos

301 - 391 Falls Drive NW, Abingdon, VA 24210

$5,000 - $338,718


Property Overview

  • Zoned B2
  • Two story, Class B office space
  • Built in 2005
  • Approximately 180 parking spaces
  • Two points of ingress/egress on Russell Road NW

Unit 301 | $5,000 - SOLD

  • 98 SqFt
  • Monthly Condo Association Dues: $21.04
  • Corner work space located on the ground floor in lobby area

Unit 303 | $152,241 - SOLD

  • 1,719 SqFt
  • Monthly Condo Association Dues: $368.67
  • Ground floor unit located in the front of the building with windows fronting Russell Rd NW

Units 305 & 309 | $125,289 - SOLD

  • 1,982 SqFt
  • Shell space
  • Monthly Condo Association Dues: $425.30
  • Ground floor unit located on the East side of the building

Unit 351 | $44,434 - SOLD

  • 460 SqFt
  • Former bank
  • Monthly Condo Association Dues: $98.70
  • Located on the second floor with balcony fronting Russel Rd NW

Unit 355 | $67,744 - INCOME PRODUCING w/ 13% CAP Rate

  • 762 SqFt
  • Leased to Letsen Law Firm at $936.36 / month
  • 13% CAP Rate
  • Monthly Condo Association Dues: $81.76
  • Located on the second floor with ground access from the rear of the building

Unit 391 | $338,718 - UNDER CONTRACT

  • 5,338 SqFt
  • Former medical office with:
    • 11 exam rooms w/ sinks
    • 6 restrooms
    • 5 physician's offices
    • Lab
    • Lobby/reception area
    • Staff station
    • Conference room
    • Break room w/ sink
  • Monthly Condo Association Dues: $1,145.48