Winchester, VA 22601,2970 VALLEY AVE
Winchester, VA 22601,2970 VALLEY AVE
Winchester, VA 22601,2970 VALLEY AVE
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$ 1,350,000
Est. payment | /mo

0.72 Acres Lot


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$ 1,350,000
Est. payment | /mo
Save

0.72 Acres Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID VAWI2004616

Originating Board BRIGHT

Year Built 1950

Annual Tax Amount $2,973

Tax Year 2022

Lot Size 0.723 Acres

Acres 0.72

Property Description

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.

Location

State VA

County Winchester City

Zoning B2

Interior

Hot Water Bottled Gas

Heating Forced Air

Cooling None

Heat Source Propane - Leased

Exterior

Garage Spaces 30.0

Waterfront N

Water Access N

Accessibility None

Parking Type Parking Lot

Total Parking Spaces 30

Garage N

Building

Sewer On Site Septic

Water Public

New Construction N

Schools

School District Winchester City Public Schools

Others

Tax ID 330-02- - 5-

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by H. Paige Manuel • Oakcrest Commercial LLC.
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2970 VALLEY AVE