2970 VALLEY AVE Active Save Request In-Person Tour Request Virtual Tour
Winchester,VA 22601
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
Water Access N
Accessibility None
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