650 W 11TH ST

    Front Royal, VA 22630
    • $595,000
    • STATUS: Active
    • ON SITE: 47 days
    • MLS #: 595126
    UPDATED: 24 min ago
    $595,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,238
      SQFT
    • $53
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Area:

    School Ratings & Info

    Description

    Small mixed use building in highly residential area near Warren Memorial Hospital. Property consists of a brewery and laundromat on main floor and 4 apartments on second. Property is currently professionally managed and owner has made considerable capital improvement during ownership. Property still offers value add opportunities to future owner by bringing residential unit lease to market rate. Owner operates laundromat and the equipment and operation are included in the sale. Owner pays water/sewer for all units and electric for units B & C (one meter). Please see rent roll and expense sheet for further financial information.

    Monthly Payment Calculator



    Listing information © 2020 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Real Estate III. Data last updated 2020-02-16T22:12:27.42.
    www.jeffgaffney.com/homes/101934043

    650 W 11TH ST Front Royal, VA 22630

    • Price: $595,000
    • Status: Active
    • Updated: 24 min ago
    • MLS #: 595126
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    11,238
    SQFT
    $53
    $/SQFT
    Neighborhood:
    Warren
    Area:
    Warren
    Property Description
    Small mixed use building in highly residential area near Warren Memorial Hospital. Property consists of a brewery and laundromat on main floor and 4 apartments on second. Property is currently professionally managed and owner has made considerable capital improvement during ownership. Property still offers value add opportunities to future owner by bringing residential unit lease to market rate. Owner operates laundromat and the equipment and operation are included in the sale. Owner pays water/sewer for all units and electric for units B & C (one meter). Please see rent roll and expense sheet for further financial information.
    Exterior Features

    Construction BrickOtherVinyl/Metal Siding

    Interior Features

    Air Conditioning Central AirWindow/Wall Unit Heating BaseboardElectric

    Property Features

    Annual Taxes 2061 Occupancy Percentage 100 Property Type Building Sewer Septic Yes Connected Tax Year 2019 Tenancy Multiple Use Options ApartmentsRetail Water ConnectedPublic Zoning C Commercial

    Listing provided courtesy of Cottonwood Commercial Llc.


    Listing information © 2020 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Real Estate III. Data last updated 2020-02-16T22:12:27.42.
     
    Real Estate III
    1430 Rolkin Court, Suite 101
    Charlottesville VA, 22911