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2970 Valley Avenue Winchester, VA $ 1,350,000
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$ 1,350,000 Get more info
2970 Valley Avenue
$ 1,350,000
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2970 Valley Avenue

Winchester, VA, 22601
$ 1,350,000
Baths0.0 Sq 2,303

Monthly Estimate*

$ 9,430

2970 Valley Avenue, Winchester, VA 22601 - Image 1
2970 Valley Avenue, Winchester, VA 22601 - Image 2
2970 Valley Avenue, Winchester, VA 22601 - Image 3
Studio

Commercial Property for sale in Winchester, VA

for $1,350,000. This 2,303 square foot building was built in 1950 on a lot size of 0.72.

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 $3,500.00 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.

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Commercial Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,973

Style

Auto Related

Lot Size

0.72

Year Built

1950

Town/City

Winchester

County/Region

Winchester City

MLS | Web ID

VAWI2004616
Features
Interior
Heating Fuel Propane - Leased
Hot Water Bottled Gas
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N N
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General
Sewer On Site Septic
Heating Forced Air
Cooling None
Possession Settlement
Zoning B2
Construction Materials Aluminum Siding
Year Built 1950
Property SubType Other
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Bottled Gas
Business Type Auto Related Other
Accessibility None
County WINCHESTER CITY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions From downtown Winchester take Valley Avenue south towards Stephens City. The properties are on the left hand side of the road.
City WINCHESTER
Buyer Agent Compensation 3
Total Units 0
Lot Size Square Feet 31494.00
Waterfront Y/N N
Street Name VALLEY
Tax Annual Amount 2973.0
Vacation Rental Y/N N
Days on Market 190
Standard Status Active
Year Built Source Estimated
Tax Lot 5
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 0.00
Lot Size Acres 0.72
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 314700.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2970
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* Excluded Features
List By
Oakcrest Commercial Real Estate

Broker

hpmanuel@comcast.net

Email

Affordability Calculator

$9,678
Per Month
97%
3%
0%
Monthly Principal & Interest
$9,430
Monthly Property Taxes
$248
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/24/2023$1,350,000 Listed Price

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2970 Valley Avenue, Winchester, VA, 22601 is a Commercial Property for sale at $1,350,000 with 2,303 sqft and a lot size of 0.72. 2970 Valley Avenue is a studio with 0.0 baths and was built in 1950. The property's zip code is 22601 which is in Winchester, VA

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