$650,000
$675,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
9550 JAMES MADISON HWY Warrenton, VA 20186
5,000 SqFt
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $130
MLS Listing ID VAFQ2008518
Sold Date 10/03/23
Originating Board BRIGHT
Year Built 2008
Annual Tax Amount $6,424
Tax Year 2022
Lot Size 1.629 Acres
Acres 1.63
Property Description
Exceptional investment opportunity in a free-standing, brick commercial building priced to sell. This building features four distinctive suites (A-D) each with their unique layouts. The main floor units have 9-foot ceilings while the first floor units have 11 foot ceilings giving all the units an open and expansive feeling.
Unit A, currently occupied by Merry Maids, is built out with a main office, bathroom, training room, back office, storage closet, and washing area. Unit B is being utilized as a real estate office. Unit D is home to White Top Auto, offering hardwood floors, a front seating area/smaller office, bathroom, and a large rear office. Units A, B, and D each have their distinct entrances, creating an exclusive feel for each tenant. Unit D has a side entrance as well other than the main stairwell inside.
Unit C, currently vacant and carpeted, is built out as an office with a front seating area, bathroom, and a large office space. With a bit of vision, this unit could be the perfect spot for your future tenant or your own office. A noteworthy feature of the building is the potential for units C and D to be combined to create a larger space if needed. The versatility of this building is truly impressive, and a strategic asset in the commercial leasing market.
The building stands on a parking lot with ample space for up to 20 vehicles. It has been maintained meticulously inside and out, offering a welcoming atmosphere for any business. Each unit is metered separately for electricity and features four Trane exterior compressors. The building is serviced by well water and a septic system. With a steady monthly NOI of $3970, this commercial building is a fantastic revenue-generating property awaiting its new owner.
Location
State VA
County Fauquier
Zoning C2
Interior
Hot Water Bottled Gas
Heating Heat Pump(s)
Cooling Central A/C
Flooring Hardwood, Carpet
Equipment Negotiable
Heat Source Electric
Exterior
Garage Spaces 20.0
Water Access N
View Garden/Lawn, Trees/Woods
Roof Type Hip,Asphalt
Street Surface Black Top,Paved
Accessibility Level Entry - Main
Road Frontage Private
Total Parking Spaces 20
Garage N
Building
Lot Description Adjoins - Open Space, Backs to Trees, Cul-de-sac, Landscaping, No Thru Street, Partly Wooded, Private, Road Frontage, Trees/Wooded
Foundation Slab
Sewer On Site Septic
Water Well
New Construction N
Schools
School District Fauquier County Public Schools
Others
Tax ID 6981-16-6568
Ownership Fee Simple
SqFt Source Assessor
Security Features Main Entrance Lock
Acceptable Financing Cash, Conventional, Negotiable
Listing Terms Cash, Conventional, Negotiable
Financing Cash,Conventional,Negotiable
Special Listing Condition Standard
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Bought with RUCHI KAPANI • CENTURY 21 New Millennium