Homes for sale - 2970 VALLEY AVE, Winchester, VA 22601

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William Mercogliano III

themercteam@gmail.com +1(856) 472-9836

$1,350,000

Est. payment - /mo

0.72 Acres Lot

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UPDATED:

11/05/2024 12:29 PM

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

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

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Listed by H. Paige Manuel • Oakcrest Commercial LLC.

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William Mercogliano III

+1(856) 472-9836

Broker Associate | License ID: 0893537

Broker Associate License ID: 0893537

2970 VALLEY AVE Winchester, VA 22601

William Mercogliano III

William Mercogliano III

Key Details

Location

Interior

Exterior

Building

Schools

Others

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