Bought with Cara L Wilkins • MarketPlace REALTY
$1,850,000
$1,995,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
53,194 SqFt
SOLD DATE : 04/28/2021
Key Details
Sold Price $1,850,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 53,194 sqft
Price per Sqft $34
MLS Listing ID VAWI114704
Sold Date 04/28/21
HOA Y/N N
Year Built 1985
Annual Tax Amount $18,784
Tax Year 2020
Lot Size 4.976 Acres
Acres 4.98
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Rare opportunity to own 5+ Acres within Winchester City Limits to include 53,195 Square Feet of Buildings. Eleven tenants with ample parking. Profitable income, value in the land with significant tract size, multifacited site including redevelopment opportunity. 2 Tax Records 252-01-13 (4.98 acres) and 252-01-14 (1/4 acre vacant lot). Road Frontage section of buildings is zoned B2 and back section is zoned CM1 (offering Both Retail & Light Industrial Options). All spaces are currently occupied. Total Annual Rents: $196,500. Front & side parking lot is paved & rear is gravel. Exterior was painted in 2019. Sprinkler system in Laser Tag Bldg. New roof on 2028 section, rubber roof on majority of buildings, metal roof on ProAudio & Laser Tag and tar/chip on Wolfies. Railroad along the rear of the property. Vacant land in the back for other potential uses. Please note seller and agent are not responsible for exact count of parking spaces, some bldgs have central air and some have wall units.
Location
State VA
County Winchester City
Zoning B2 AND CM1
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C, Wall Unit
Heat Source Natural Gas
Exterior
Garage Spaces 110.0
Utilities Available Natural Gas Available, Electric Available
Water Access N
View Street
Accessibility None
Total Parking Spaces 110
Garage N
Building
Lot Description Backs to Trees, Road Frontage
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Winchester City Public Schools
Others
Tax ID 252-01- - 13-
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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