754-758 S Main St,  Woodstock  (22664)

$1,550,000

0 bedrooms 0   0 bathrooms 0   214750 square feet 214,750
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PROPERTY DETAILS

Address: view address
Woodstock, VA 22664
Map Location
Square Feet: 214,750 sq.ft.
Lot Size:4.93 acresYear Built:2000
Property Type:LandSchool District:Shenandoah County Public Schools
County:SHENANDOAHList Date:2022-07-21
Listing Number:VASH2003966Listed By:Commercial Specialists

PROPERTY DESCRIPTION

Woodstock corridor of growth, just south of Downtown, next to Massanutten Military Academy. The property in front of this 5 acre parcel was previously approved SUP for a mixed use project, containing 48 apartments over commercial, paving the way for additional development at this site. SUP has expired July 2023, needs renewed! Add to this central location the much touted "Rails to Trails" project that runs along the western border of this property if and when it is finally approved. The 5 acres is improved by two houses, one apartment building and metal commercial building leased to a body shop and towing company. The property is fully leased contributing a current income of over $106,000. Terrific income, while you rezone this property with a TND Overlay plan and phase in your Multi-Family redevelopment project at this site. Asking price is $1,550,000 at a 6.8% Cap Rate. Below market rents and the Multi-Family development potential at this site makes this a project you will want to take a closer look at. Imagine the possibilities!

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Interior

Cable Television Available:Yes

Property and Lot Details

Irregular Lot:YesLot Acres:4.93
Lot Sqft:214,750.80Lot Zoned:Commercial
Natural Gas:YesPublic Sewer:Yes
Public Water:YesSchool District:Shenandoah County Public Schools
Sewer:YesTaxes:5,752.00
Transaction Type:Sale

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Commercial Specialists