1328-1470 Commerce Street

Winchester, VA 22601
  • $1,150,000
  • STATUS: Active
  • ON SITE: 593 days
  • ID#: WI9589060
$1,150,000
  • 0
    BEDS
  • 3.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 40,000
    SQFT
  • $29
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1956
County:

School Ratings & Info

Description

Mixed use tenants and mixed lease terms. Tenants include Church, Electrical Contractor, auto detailing, sign maker, storage. Most tenants in place from 3 to 10 + years. 9 Bldgs with 40,000+ sq ft of floor space, 3.37 acres zoned CM!. Current return on investment over 9%. Potential for Planned Unit Development..Also spaces for rent from 600-5,200 sq ft avail 7/15/17 Current appraisal $1,270,000.



The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than LoCoMusings are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2017-10-22T00:18:19.663.

LoCoMusings: 571-233-5495
www.locomusings.com/homes/60476501

1328-1470 Commerce Street Winchester, VA 22601

  • Price: $1,150,000
  • Status: Active
  • ID#: WI9589060
0
Beds
0
Baths
0
½ Baths
3.37
Acres
40,000
SQFT
$29
$/SQFT
1956
Built
Neighborhood:
Rosenberger
County:
Winchester City
Area:
Winchester City
Property Description
Mixed use tenants and mixed lease terms. Tenants include Church, Electrical Contractor, auto detailing, sign maker, storage. Most tenants in place from 3 to 10 + years. 9 Bldgs with 40,000+ sq ft of floor space, 3.37 acres zoned CM!. Current return on investment over 9%. Potential for Planned Unit Development..Also spaces for rent from 600-5,200 sq ft avail 7/15/17 Current appraisal $1,270,000.
Exterior Features

Assigned Parking Spaces 68 Exterior MetalConcrete / BlockBrick Front Parking Assigned Waterfront No

Interior Features

Net Sq Ft 40000.0

Property Features

Assessment Year 2015 Auction No City Town Tax 8139.95 City Town Tax Payment Freq Annually Comm Industrial Type AutomotiveChurch/SchoolIndustrialWarehouseStorage Disclosures Owner Re LicenseeLead Based Paint - FederalLimited Service Brokerage Election District 10 Expenses 29400.0 For Sale Yes Foreclosure No Gross Income 136550.0 HOA No Improvement Assessment Amount 306800.0 Improvement Assessment Payment Freq Annually Investment Yes Land Assessment Amount 587700.0 Land Assessment Payment Freq Annually Listing Transaction Type Standard Locale Listing Status Active Monthly Gross Rent 11375.0 New Construction No Occupied Yes OHD 6+ Ownership Fee Simple Possession Settlement Property Net Operating Income 107150.0 Property Status Existing Rent Income 136550.0 Rental Net Operating Income 8925.0 Sewer Septic Public Sewer Short Sale No Tax Year 2015 Tenancy Month-To-Month Lease(S)1 Year Lease(S)2 Year Lease(S)3+ Year Lease(S)Lease Terms Mixed Total Assessment 894500.0 Total Assessment Payment Freq Annually Total Taxes 8139.95 Total Taxes Payment Freq Annually Vacancy Factor 2.0 Vacation Home No Water Public Zoning Code Cm1

Listing courtesy of Carl Hales of Marketplace Realty.


The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than LoCoMusings are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2017-10-22T00:18:19.663.

LoCoMusings: 571-233-5495
LoCoMusings
540 Fort Evans Road Suite 303
Leesburg VA, 20176