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