$280,000
$298,900
6.3%For more information regarding the value of a property, please contact us for a free consultation.
2,521 SqFt
SOLD DATE : 08/22/2023
Key Details
Sold Price $280,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,521 sqft
Price per Sqft $111
MLS Listing ID VAFV2013882
Sold Date 08/22/23
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $1,198
Tax Year 2022
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 38 ft x 137 ft
Property Description
Looking for a small "Bite Size" investment? This is it! Mixed use, two story building, located on Main Street, Stephens City across from the Stephens City Outlet downtown. The property consists of; a one bedroom apartment and commercial shop on the ground floor. The entire second floor is a recently renovated apartment with multiple bedrooms. Great in town location with easy access to grocery store, shops, fuel and Laurel Ridge Community College. Quick access to Valley Pike, Fairfax Pike and I-81. Rear off street parking is accessed via a ROW from Mulberry Street. Offered at $298,900 with a 10.0% Cap rate!
Highlights:
Downtown Stephens City walkability
Fully leased with great cash flow, 10% Cap Rate
Easy access to major Highways, shopping and Laurel Ridge Community College
Off street parking in the rear of the property
Location
State VA
County Frederick
Zoning B1
Interior
Hot Water Electric
Heating Baseboard - Hot Water
Cooling Multi Units
Flooring Other
Heat Source Natural Gas
Exterior
Garage Spaces 3.0
Waterfront N
Water Access N
Roof Type Metal
Accessibility None
Parking Type On Street, Other
Total Parking Spaces 3
Garage N
Building
Lot Description Rear Yard
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Frederick County Public Schools
Others
Tax ID 74A03 4 C
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Brandon W Pifer • Pifer Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "