$1,000,000
$1,019,500
1.9%For more information regarding the value of a property, please contact us for a free consultation.
3,800 SqFt
SOLD DATE : 02/27/2025
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 3,800 sqft
Price per Sqft $263
MLS Listing ID VAWB2000086
Sold Date 02/27/25
Originating Board BRIGHT
Year Built 2019
Annual Tax Amount $2,857
Tax Year 2022
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions 0.00 x 0.00
Property Sub-Type Retail
Property Description
PRICE REDUCED! 6.15% Cap Rate! Freestanding 3,800 SF retail building on 0.43 acre lot with abundant parking - 17 spaces. Leased on NNN basis to VA ABC (guaranteed by the Commonwealth of Virginia Alcohol Beverage Control Authority) on a ten-year lease through 02/28/2030 with two 5 year options to renew. Tenant reimbursements for operating expenses approximately $3.28/SF. The building was fully renovated in 2019. Well located property in downtown Waynesboro. Shadow anchored by Kroger and surrounded by dense residential development. Just off W. Main St and less than 3 miles from I-64.
Location
State VA
County Waynesboro City
Zoning C-B
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 17.0
Water Access N
Accessibility Level Entry - Main
Total Parking Spaces 17
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Waynesboro City Public Schools
Others
Tax ID 45-1-1-16
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Tom Compton Jr. • Crossroads Realtors
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "