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Court Street Investment Property

Listing was updated at: 06/04/2019
Court Street Investment Property Court Street Investment Property Court Street Investment Property Court Street Investment Property Court Street Investment Property

Property Overview

Price/Rent PSF $ 435,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 2,400
Date Available 05/30/2019
Additional URL Link
Floors 3
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Description

Location
Formed in 1772, Shenandoah County is strategically located in the northwestern portion of Virginia, between the Allegheny and Massanutten Mountains, in the heart of the picturesque Shenandoah Valley. The Town of Woodstock has been the county seat for Shenandoah since the county's formation and only 90 miles via Interstate from Washington D.C. This close proximity, yet reasonable distance from urban development, offers a balance of lifestyle. With Interstate 81 as the primary travel source, scenic state route 11 parallels for tourist and local travel. Within the center of Woodstock is Massanutten Military Academy, which draws students and parents as an additional economic source.

Sale
Small "Bite Sized" investment located in downtown Woodstock, VA. Two story brick building has been rehabbed completely to the brick inner walls, everything has been replaced and modernized over the past 10 years. Quality build out throughout the premises. Long established tenants, which both Edward Jones and Vision Products have had multiple lease extensions showing their commitment to this site. Property is located near old Court House, Fire Department and numerous restaurants on Main Street, Add to all this, public parking on adjacent lot and you have a prime site for long term occupancy and security. Property is being offered at a 7% Cap Rate at $435,000. Must see to fully appreciate the pride of ownership that went into this property. Shown by appointment only! Variable rate commission.

Location

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