Winchester, VA 22601,2970 VALLEY AVE
Winchester, VA 22601,2970 VALLEY AVE
Winchester, VA 22601,2970 VALLEY AVE
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27
Dec
Sat
28
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Sun
29
Dec
$1,350,000
Est. payment /mo
0.72 Acres Lot
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UPDATED:

12/06/2024 05:09 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID VAWI2004616

Originating Board BRIGHT

Year Built 1950

Annual Tax Amount $2,973

Tax Year 2022

Lot Size 0.723 Acres

Acres 0.72

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.

Location

State VA

County Winchester City

Zoning B2

Interior

Hot Water Bottled Gas

Heating Forced Air

Cooling None

Heat Source Propane - Leased

Exterior

Garage Spaces 30.0

Water Access N

Accessibility None

Total Parking Spaces 30

Garage N

Building

Sewer On Site Septic

Water Public

New Construction N

Schools

School District Winchester City Public Schools

Others

Tax ID 330-02- - 5-

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard


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Bright MLS (BMLS)
Listed by H. Paige Manuel • Oakcrest Commercial Real Estate
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"My goal for each transaction is to give my buyers the information they need to make good decisions regarding neighborhoods, housing choices, pricing and negotiating the purchase."

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2970 VALLEY AVE