1411 8th Terrace Victoria, VA ^$ 325,000

1411 8th Terrace

^$ 325,000

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1411 8th Terrace

Victoria, VA, 23974

^$ 325,000

Studio Baths0.0 Sq 4,331

Monthly Estimate*

^$ 2,270

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Studio

Commercial Property for sale in Victoria, VA

for $325,000. This 4,331 square foot building was built in 1940 on a lot size of 0.2379.

ONLINE AUCTION price shown is BPO sells AS IS, cash terms. OPEN HOUSE Thurs, 5/16 @ noon. c1940 Original Town Post Office. Great downtown location, with police next door. Sturdy brick building with many options for use. Last leased as restaurant for $1,350/mo AIRBNB units are active and grossed $23K in 2023 from traveling nurses, engineers/techs, sales professionals. FF&E conveys via Bill of Sale. Download bid package at Tranzon website. Early offers will be presented, 10% buyers premium.

Commercial Active

Price

^$ 325,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial Sale

Lot Size

0.2379

Year Built

1940

Town/City

Victoria

County/Region

Lunenburg

MLS | Web ID

2410504

Features

General

Sewer PublicSewer

Heating Electric Individual WallFurnace Zoned

Cooling CentralAir

Possession CloseOfEscrow

Roof Asphalt Flat Shingle

Construction Materials Brick

Year Built 1940

Stories 1

Topography Level Rolling

Levels One

Percent Ownership Owner-User

Business Type BarTavernLounge

Accessibility AccessibilityFeatures

County Lunenburg

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Possible Use MultiFamily Restaurant Retail

Garage Y/N N

Building Features MultiTenant

Total Rooms 5

Status Active

Directions Rt. 49 into town of Victoria turn onto 8th St. Building is mid-block on the right.

View Y/N N

Senior Community Y/N N

Zoning Description Comm/Ind

MLS Area 74 - Lunenburg

Waterfront Y/N N

Carport Y/N N

Street Name 8th

Property Attached Y/N N

Year Built Details Actual

Land Lease Y/N N

Home Warranty Y/N N

Property Condition AverageCondition

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Standard Status Active

Tax Assessed Value 148300

Tax Lot 13 PT 14

Expected Active Date 2024-04-25

Exterior

Water Source Public

Lot Size Area 0.2379

Spa N

Building Area Total 4331.0

Lot Dimensions 73x141x75x151

Lot Size Acres 0.2379

Lot Size Units Acres

Covered Spaces 2.0

Road Frontage Type CityStreet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

Street Suffix Terrace

Electric On Property Y/N N

Total Baths 0

* Excluded Features

List By

Linda Terry

Listing Agent

Tranzon Key Auctions

Broker

lterry@tranzon.com

Affordability Calculator

$2,270

Per Month

Monthly Principal & Interest: $2,270
Monthly Property Taxes: --
Monthly Home Insurance: --

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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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Nearby

Trends
Schools

Commerical listings in Victoria, VA

Average List Price ^$325,000

Percent of Sale Price 0%

About Victoria, VA

1,973 Population

14% Since 2002

^$39,706 Median Income

43.67 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1821039 Elementary School

1821205 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/25/2024	$325,000		Listed Price

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1411 8th Terrace, Victoria, VA, 23974 is a Commercial Property for sale at $325,000 with 4,331 sqft and a lot size of 0.2379. 1411 8th Terrace is a studio with 0.0 baths and was built in 1940. The property's zip code is 23974 which is in Victoria, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Properties marked with the CVRMLS icon are provided courtesy of Central Virginia Regional Multiple Listing Service, LLC and detailed information about them includes the name of the listing brokers.

The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/6/2024.

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1411 8th Terrace

Commercial Property for sale in Victoria, VA

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