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$1,250,000
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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 $1,250,000 for both properties with 1.15 acres. 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 or use of the existing buildings could be a solution.
Full Property Details
Full Property Details for 2970 Valley Ave
General
- Price: $1,250,000
- Taxes: $2,973 (2022)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSMidAtlantic
- MLS ID: VAWI2004616
- Updated: 3/6/2026
- Added to Site: 921 day(s) ago
Business
- Business Type: Auto Related, Other
Parking
- Total Spaces: 30
- Parking Type: Parking Lot
Location
- County: WINCHESTER CITY
- Driving Directions: From downtown Winchester, take Valley Avenue south towards Stephens City. The properties are on the left hand side of the road.
- City Limits: Yes
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Bottled Gas
- Heating Type: Forced Air
- Heating Fuel: Propane - Leased
- Water Heater: Bottled Gas
Utilities
- Sewer: On Site Septic
- Water: Public
Structural Information
- Construction: Aluminum Siding
- Year Built: 1950
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.72
- Lot Size (Sq. Ft.): 31,494
- Lot Size Source: Assessor
- Zoning: B2
Financial Considerations
- Assessment Year: 2022
- City/TownTax: $2,973
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $319,700
- Tax Amount: $2,973
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 5
Listed by Oakcrest Commercial Real Estate, H. Paige Manuel
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Schools
Schools serving 2970 Valley Ave
School District:Winchester City Public Schools
| Name | Grades | Distance |
|---|---|---|
Frederick Douglass Elementary School, Winchester, VA 100 Cedarmeade Avenue, Winchester, VA 22601 | K-4 | 0.6 mi |
Daniel Morgan Middle School 48 South Purcell Avenue, Winchester, VA 22601 | 7-8 | 3.1 mi |
John Handley High School 425 Handley Boulevard, Winchester, VA 22601 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2970 Valley Ave
Date
Details
Price
Change
Source
2/23/2026
Price Reduced
$1,250,000
-7.41%
MLS
10/24/2023
Listed
$1,350,000
350%
MLS
3/11/2022
Sold
$300,000
—
Public Record
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 2970 Valley Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
-100%
$319,700
—
2023
$2,654
-11%
$319,700
—
2022
$2,973
100%
$319,700
—
2021
$1,487
—
$319,700
—
2020
$1,487
—
$319,700
—
2018
$1,487
-4%
$319,700
-6%
2018
$1,555
-50%
$341,800
—
2016
$3,110
—
$341,800
—
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 2970 Valley Ave
2970 Valley Avenue, Winchester, VA 22601 (MLS# VAWI2004616) is a Commercial Service property. 2970 Valley Avenue is currently listed for $1,250,000 and was received on October 24, 2023. Want to learn more about 2970 Valley Avenue? Do you have questions about finding other Commercial Service real estate for sale in Winchester? You can browse all Winchester real estate or contact a Coldwell Banker agent to request more information.

