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219 Arch Avenue Waynesboro, VA $ 1,053,000
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$ 1,053,000 Get more info
219 Arch Avenue
$ 1,053,000
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219 Arch Avenue

Waynesboro, VA, 22980
$ 1,053,000
Baths0.0 Sq 3,800

Monthly Estimate*

$ 7,356

219 Arch Avenue, Waynesboro, VA 22980 - Image 1
219 Arch Avenue, Waynesboro, VA 22980 - Image 2
219 Arch Avenue, Waynesboro, VA 22980 - Image 3
219 Arch Avenue, Waynesboro, VA 22980 - Image 4
219 Arch Avenue, Waynesboro, VA 22980 - Image 5
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219 Arch Avenue, Waynesboro, VA 22980 - Image 8
219 Arch Avenue, Waynesboro, VA 22980 - Image 9
Studio

Commercial Property for sale in Waynesboro, VA

for $1,053,000. This 3,800 square foot building was built in 2019 on a lot size of 0.43.

Freestanding 3,800 SF retail building on 0.43 acre lot with abundant parking - 17 spaces. Leased on NNN basis to VA ABC 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. 6% Cap Rate! 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.

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Commercial Active

Price

$ 1,053,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,857

Style

General Retail,Supermarket/Grocery Store

Lot Size

0.43

Year Built

2019

Town/City

Waynesboro

County/Region

Waynesboro City

MLS | Web ID

VAWB2000086
Features
Interior
Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Subject to Existing Lease
Zoning C-B
Construction Materials Other
Year Built 2019
Property SubType Retail
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Other/General Retail Supermarket/Grocery Store
Accessibility Level Entry - Main
County WAYNESBORO CITY
Net Operating Income 62700.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions 219 Arch Ave
City WAYNESBORO
Buyer Agent Compensation 2.5
Total Units 0
Lot Size Square Feet 18731.00
Waterfront Y/N N
Street Name ARCH
Tax Annual Amount 2857.0
Price Per Sq Ft 277.11
Vacation Rental Y/N N
Days on Market 64
Standard Status Active
Year Built Source Estimated
Legal Subdivision Waynesboro Co Adt
Tax Lot 16
Cap Rate 6.00
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 3800.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.43
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 86300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 219
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* Excluded Features
List By
Weber Rector Commerical Real Estate Services, Inc.

Broker

coleman@weber-rector.com

Email

Affordability Calculator

$7,594
Per Month
97%
3%
0%
Monthly Principal & Interest
$7,356
Monthly Property Taxes
$238
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/2/2024$1,053,000 -4.01% Price Down
2/29/2024$1,097,000 Listed Price

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219 Arch Avenue, Waynesboro, VA, 22980 is a Commercial Property for sale at $1,053,000 with 3,800 sqft and a lot size of 0.43. 219 Arch Avenue is a studio with 0.0 baths and was built in 2019. The property's zip code is 22980 which is in Waynesboro, VA

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