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$6,000
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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 $1,350,000 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.
Full Property Details
Full Property Details for 2978 Valley Ave
General
- Price: $6,000
- Status: Active
- Type: Commercial Lease
- Source: BrightMLSMidAtlantic
- MLS ID: VAWI2004618
- Updated: 8/7/2024
- Added to Site: 600 day(s) ago
Business
- Business Type: Auto Related, Other
Rental Information
- Lease/Rent Term: 48 Months
Parking
- Total Spaces: 30
- Parking Type: Parking Lot
Location
- County: Winchester City
- Driving Directions: From downtown Winchester, take Valley Avenue South towards Stephens City, properties are on the left hand side of road.
- City Limits: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Bottled Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Stories/Levels: 0
- Aprox. Leasable: 2,303 Sq. Ft.
- Current Bldg. Use: Automotive, Multi Residential
- Year Built: 1950
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.43
- Lot Size (Sq. Ft.): 18,687
- Lot Size Source: Assessor
- Zoning: B2
Financial Considerations
- Price Per Sq. Ft.: $2.61
- City/TownTax: $3,406
- City/TownTax Freq: Annually
Disclosures and Reports
- Ownership: Other
Listed by Oakcrest Commercial Real Estate, H. Paige Manuel
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Schools
Schools serving 2978 Valley Ave
School District:Winchester City Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
100 W Cedarmeade Ave, Winchester, VA 22601 | PK-5 | 0.6 mi | |
48 S Purcell Ave, Winchester, VA 22601 | 7-8 | 3.1 mi | |
425 Handley Blvd, Winchester, VA 22601 | 9-12 | 2.3 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 2978 Valley Ave
Date
Details
Price
Change
Source
10/24/2023
Listed
$6,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2978 Valley Ave
2978 Valley Avenue, Winchester, VA 22601 (MLS# VAWI2004618) is a Commercial Lease property. 2978 Valley Avenue is currently listed for $6,000 and was received on October 24, 2023. Want to learn more about 2978 Valley Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Winchester? You can browse all Winchester real estate or contact a Coldwell Banker agent to request more information.