$900,000
$1,200,000
25.0%For more information regarding the value of a property, please contact us for a free consultation.
7,055 SqFt
SOLD DATE : 01/31/2024
Key Details
Sold Price $900,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 7,055 sqft
Price per Sqft $127
MLS Listing ID VALV2000274
Sold Date 01/31/24
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $8,700
Tax Year 2022
Property Description
Down on the corner, out in the street – are all the potential customers for this prime multi-use location at one of the busiest intersections in Kilmarnock's Steptoe District! Two levels with commercial and residential zoning, plus plenty of parking ( 8 spots on the owned lot; 10 spots in the municipal lot; & 3 in the lot 100 meters for shoppers). The current ground floor configuration offers 3 street addresses. The interior end space is currently a thriving leased retail shop, with an additional adjacent lot - currently a paved alley. The second corner space is ready to be built-out to suit the next tenant – a corner restaurant, shop, or business offices. The third space can remain a small office area (currently rented) or be incorporated into the second main area. Upstairs, a cozy apartment/office space combo has the potential to expand into a fabulous urban residence with separate street entrance, or become a larger combination living and office/studio space. Additional second floor storage area to be completed. Both Main Street sections have recent roofing. Buildings are on town water and sewer. Building history, rent roll, and structure details available. SELLER FINANCING AVAILABLE. Great opportunity to be part of the vital growth of Kilmarnock!
Location
State VA
County Lancaster
Zoning C1
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Flooring Concrete, Vinyl, Wood
Heat Source Electric
Exterior
Garage Spaces 8.0
Utilities Available Phone Available, Under Ground, Cable TV Available
Water Access N
View Street
Roof Type Flat
Street Surface Black Top
Accessibility None
Road Frontage State
Total Parking Spaces 8
Garage N
Building
Lot Description Corner, Level
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Lancaster
Middle Schools Lancaster
High Schools Lancaster
School District Lancaster County Public Schools
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Bank Portfolio, Conventional, Exchange
Listing Terms Cash, Bank Portfolio, Conventional, Exchange
Financing Cash,Bank Portfolio,Conventional,Exchange
Special Listing Condition Standard
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14291 Park Meadow Drive Suite 500, Chantilly, VA, 20151