Bought with Bonnie S Coffey • Samson Properties
$490,000
$675,000
27.4%For more information regarding the value of a property, please contact us for a free consultation.
0.53 Acres Lot
SOLD DATE : 09/25/2020
Key Details
Sold Price $490,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID VAMA107758
Sold Date 09/25/20
HOA Y/N N
Year Built 1935
Annual Tax Amount $4,547
Tax Year 2019
Lot Size 0.528 Acres
Acres 0.53
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
This is an attractive investor play in the commercial center of Madison. There are 9100+ SF of income-producing improvements. Ages of buildings range from 1880 to 1967, but all have modern features and amenities. Improvement #1 is a duplex apartment. Improvement #2 is an office with garage that is current in use for auto brokerage. Improvement #3 houses two very active retail businesses. And improvement #4 is a residential rental house. Plentiful paved parking lies in a central quadrant. Currents rent roll exceeds $64,000/year and is "stable".
Location
State VA
County Madison
Zoning B1
Interior
Hot Water Electric
Heating Zoned, Wall Unit, Heat Pump(s), Forced Air, Central
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 20.0
Water Access N
Accessibility 32\"+ wide Doors, None, Ramp - Main Level
Total Parking Spaces 20
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Madison County Public Schools
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
Special Listing Condition Standard
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14291 Park Meadow Dr, Chantilly, VA, 20151-2225, USA
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