Stand out from the crowd with the purchase of this elegant brick office building, complete with a cupola, that includes great visibility and signage off of Route 17 in Warrenton. Originally built for a bank in 1978 and renovated in 1990, this 15,000 sf building offers an ideal opportunity for an owner occupant who is also looking to be an investor or available for use. This prestigious property includes three floors (approximately 5,000 sf each) with an elevator and ample parking. Located across from Warrenton Village Center and Highland School, this property is zoned commercial where potential uses could include a medical clinic or a church. See additional documents for PDF Flyer and Floorplans. GPIN: 6985-10-8106 Potential NOI: $173,425.25 Potential CAP Rate: 8.78% Actual NOI: $137,065.25 Actual CAP Rate: 6.94%

More Info

Location Information

UsmAreaWarrenton

Parking

Assigned Parking Spaces
Parking TypesParking Lot

Basic Information

Date Listed06/12/2017
Virtual TourView Tour

Building

Building Area SourceEstimated
Building Area Total15000
Building Area UnitsSquare Feet
Construction MaterialsBrick
Garage Spaces
Num Attached Garage Spaces
Num Detached Garage Spaces
Total Garage And Parking Spaces42
Year Built1978

Legal

PossessionSettlement
Sale TypeStandard

Basic Information

Broker NameWright Realty, Inc.
List Price$1,975,000
MLS Number1000129965
MLS Property TypeCommercial Sale
Price Per Square Foot132
StatusACT

Location

Address550 Broadview Avenue
Building Number550
CountyFauquier
DirectionsAcross the Street from Highland School.
In City Limits YNYes
StateVA
SubdivisionNone Available
TownWarrenton
Zip20186

Utilities

CoolingOther
Cooling FuelOther
Heat SystemOther
Heating FuelOther
Heating YNYes
SewerPublic Sewer
Water HeaterOther
Water SourcePublic

Tax Information

Assessment Year2014
City Town Tax556.32
City Town Tax Payment FrequencyAnnually
County Tax18080.4
County Tax Payment FrequencyAnnually
Tax Assessment Amount1854400
Tax Year2016
Taxes$19,823.54
Total Taxes Payment FrequencyAnnually

Property

Acreage1.36
Business TypeProfessional, Medical, Religious Facility
Lot Size Area59059
Lot Size SourceAssessor
Lot Size Square Feet59,059
Property SubTypeOffice
ZoningCL

Amenities

Accessibility AmenitiesOther

Other

Cap Rate6
Current UseOffice
View Count43

Copyright 2023 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated June 7, 2023. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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550 Broadview AvenueWarrenton, VA 20186MLS Number 1000129965

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