$ 1,350,000
2970 VALLEY AVE Winchester, VA 22601
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$ 1,350,000
Est. payment | /mo
0.72 Acres Lot
$ 1,350,000
Est. payment | /mo
0.72 Acres Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID VAWI2004616
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $2,973
Tax Year 2022
Lot Size 0.723 Acres
Acres 0.72
Property Description
1.15 acres located at 2970 and 2978 Valley Avenue featuring a former used car lot that will offer enough area to display area for 30-40 cars. There is public water and sewer available. 2978 Valley Avenue features 5 rental units producing gross monthly revenue of approximately $4,000.00. The list price for purchase is $1,350,000 for both properties with 1.15 acres. Both properties can be ground leased for $6,000.00 monthly. If someone elects to ground lease only the former used car lot, the ground lease will be $3,500.00 monthly. The used car lot does not have an office building. An office building would have to be built or a mobile office could be utilized.
Location
State VA
County Winchester City
Zoning B2
Interior
Hot Water Bottled Gas
Heating Forced Air
Cooling None
Heat Source Propane - Leased
Exterior
Garage Spaces 30.0
Waterfront N
Water Access N
Accessibility None
Total Parking Spaces 30
Garage N
Building
Sewer On Site Septic
Water Public
New Construction N
Schools
School District Winchester City Public Schools
Others
Tax ID 330-02- - 5-
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by H. Paige Manuel • Oakcrest Commercial LLC.
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John Swartz