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2970 Valley AvenueWinchester, VA 22601MLS Number VAWI2004616

  • Price: $1,350,000
  • 42 Days on Market
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
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2970 Valley Avenue Winchester VA 226012970 Valley Avenue Winchester VA 226012970 Valley Avenue Winchester VA 22601
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  • 0.72Acreage
  • 1950Year Built
  • 2022Assessment Year
  • $2,973City Town Tax
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 $2,500.00 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.
Listed by H. Paige Manuel, Oakcrest Commercial LLC.

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Yeonas & Shafran Real Estate, LLC

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Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

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Location Information

  • UsmAreaWinchester

Parking

  • Parking TypesParking Lot

Basic Information

  • Date Listed10/24/2023

Location

  • Address2970 Valley Avenue
  • Building Number2970
  • CountyWinchester City
  • DirectionsFrom downtown Winchester, take Valley Avenue south towards Stephens City. The properties are on the left hand side of the road.
  • In City Limits YNYes
  • StateVA
  • TownWinchester
  • Zip22601

Legal

  • Landusecode4
  • PossessionSettlement
  • Sale TypeStandard

Basic Information

  • Broker NameOakcrest Commercial Real Estate
  • List Price$1,350,000
  • MLS NumberVAWI2004616
  • MLS Property TypeCommercial Sale
  • StatusACT

Building

  • Building Area SourceAssessor
  • Construction MaterialsAluminum Siding
  • Total Garage And Parking Spaces30
  • Year Built1950

Utilities

  • CoolingNone
  • Cooling FuelBottled Gas
  • Heat SystemForced Air
  • Heating FuelPropane - Leased
  • Heating YNYes
  • SewerOn Site Septic
  • Water HeaterBottled Gas
  • Water SourcePublic

Tax Information

  • Assessment Year2022
  • City Town Tax$2,973
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$319,700
  • Tax Lot5
  • Tax Year2022
  • Taxes$2,973
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.72
  • Business TypeAuto Related, Other
  • Lot Size SourceAssessor
  • Lot Size Square Feet31,494
  • New Construction YNN
  • Property SubTypeOther
  • ZoningB2

Other

  • View Count2

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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 December 4, 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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