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219 Arch Avenue

WAYNESBORO, VA 22980
  • $1,053,000
  • STATUS: Active
  • ON SITE: 112 Days
  • ID#: VAWB2000086
$1,053,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2019
County:

School Ratings & Info

Description

Freestanding 3,800 SF retail building on 0.43 acre lot with abundant parking - 17 spaces. Leased on NNN basis to VA ABC on a ten-year lease through 02/28/2030 with two 5 year options to renew. Tenant reimbursements for operating expenses approximately $3.28/SF. 6% Cap Rate! The building was fully renovated in 2019. Well located property in downtown Waynesboro. Shadow anchored by Kroger and surrounded by dense residential development. Just off W. Main St and less than 3 miles from I-64.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gail Nyman Group | Re/Max United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-20T23:52:50.84.
www.gailnymanhomes.com/homes/148153913
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219 Arch Avenue WAYNESBORO, VA 22980

  • Price: $1,053,000
  • Status: Active
  • On Site: 112 Days
  • ID#: VAWB2000086
0
Beds
0
Baths
0
½ Baths
0.43
Acres
2019
Built
County:
Waynesboro City
School District:
Waynesboro City Public Schools
Property Description
Freestanding 3,800 SF retail building on 0.43 acre lot with abundant parking - 17 spaces. Leased on NNN basis to VA ABC on a ten-year lease through 02/28/2030 with two 5 year options to renew. Tenant reimbursements for operating expenses approximately $3.28/SF. 6% Cap Rate! The building was fully renovated in 2019. Well located property in downtown Waynesboro. Shadow anchored by Kroger and surrounded by dense residential development. Just off W. Main St and less than 3 miles from I-64.
Exterior Features

Construction Materials Other Garage YN No Parking Types Parking Lot Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3800.00 Cooling Central A/C Heating Heat Pump(s) Heating YN Yes Net Square Feet 3800.00

Property Features

Accessibility Features Level Entry - Main Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Electric Navigable Water YN N Net Operating Income 62700.00 New Construction YN No Number Of Units Total 0 Original MLSNumber 802895734764 Ownership Interest Fee Simple Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 2857.00 Tax Lot 16 Vacation Rental YN No Water Source Public Year Built Effective 2019 Zoning C-B

Listing courtesy of Weber Rector Commerical Real Estate Services, Inc.: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gail Nyman Group | Re/Max United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-20T23:52:50.84.
 
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