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78 S Carlton Street, Harrisonburg, VA 22801
$1,350,000
78 S Carlton Street, Harrisonburg, VA 22801View this property at 78 S Carlton Street, Harrisonburg, VA 22801
78 S Carlton StreetHarrisonburgVA22801
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Property Description
Fully leased Dairy Queen, 6 years left on current lease with four additional 5 year options. Triple net lease with personal guaranty. 10% rent increase every 5 years. 6.2% cap rate (2023)
Full Property Details
Full Property Details for 78 S Carlton St
General
- Price: $1,350,000
- Taxes: (2021)
- Status: Active
- Type: Business
- MLS ID: VAHC2000280
- Updated: 5/20/2024
- Added to Site: 14 day(s) ago
Business
- Business Type: Restaurant/Bar
Parking
- Total Spaces: 33
- Parking Type: Parking Lot
Location
- County: Harrisonburg City
- Driving Directions: S Carlton St, Harrisonburg
- City Limits: Yes
Heating & Cooling
- Cooling Type: Heat Pump(s)
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block
- Stories/Levels: 0
- Year Built: 2009
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.58
- Lot Size (Sq. Ft.): 25,209
- Lot Size Source: Assessor
- Zoning: B2
Financial Considerations
- Price Per Sq. Ft.: $604.84
- Assessment Year: 2021
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $944,600
- Tax Year: 2021
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 2D
Listed by Old Dominion Realty, Michael W Pugh
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Schools
Schools serving 78 S Carlton St
School District:Harrisonburg City Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
400 Mountain View Dr, Harrisonburg, VA 22801 | K-4 | 0.2 mi | |
470 Linda Ln, Harrisonburg, VA 22802 | 5-8 | 1.1 mi | |
1001 Garbers Church Rd, Harrisonburg, VA 22801 | 9-12 | 2.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 78 S Carlton St
Date
Details
Price
Change
Source
5/20/2024
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 78 S Carlton St
Year
Property Taxes
Change
Tax Assessment
Change
2021
$8,142
2%
$904,700
1%
2020
$7,960
1%
$895,600
2%
2019
$7,843
5%
$882,000
4%
2018
$7,491
24%
$850,900
—
2015
$6,056
—
$850,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 78 S Carlton St
78 S Carlton Street, Harrisonburg, VA 22801 (MLS# VAHC2000280) is a Business property. 78 S Carlton Street is currently listed for $1,350,000 and was received on May 20, 2024. Want to learn more about 78 S Carlton Street? Do you have questions about finding other Business real estate for sale in Harrisonburg? You can browse all Harrisonburg real estate or contact a Coldwell Banker agent to request more information.