754-758 South Main Street

754-758 South Main Street

Woodstock, VA 22664

$1,550,000
Price
214,750 / 4.93
Lot Size / Acres
a view of balcony
a view of a park with large trees
a front view of a house with a yard
a front view of a house with a garden
a view of a house with backyard
a front view of a house with a yard
a front view of a house with a garden

Description

Woodstock corridor of growth, just south of Downtown, next to Massanutten Military Academy. The property in front of this 5 acre parcel was previously approved SUP for a mixed use project, containing 48 apartments over commercial, paving the way for additional development at this site. SUP has expired July 2023, needs renewed! Add to this central location the much touted "Rails to Trails" project that runs along the western border of this property if and when it is finally approved. The 5 acres is...Woodstock corridor of growth, just south of Downtown, next to Massanutten Military Academy. The property in front of this 5 acre parcel was previously approved SUP for a mixed use project, containing 48 apartments over commercial, paving the way for additional development at this site. SUP has expired July 2023, needs renewed! Add to this central location the much touted "Rails to Trails" project that runs along the western border of this property if and when it is finally approved. The 5 acres is improved by two houses, one apartment building and metal commercial building leased to a body shop and towing company. The property is fully leased contributing a current income of over $106,000. Terrific income, while you rezone this property with a TND Overlay plan and phase in your Multi-Family redevelopment project at this site. Asking price is $1,550,000 at a 6.8% Cap Rate. Below market rents and the Multi-Family development potential at this site makes this a project you will want to take a closer look at. Imagine the possibilities!
  1. Listed by James A Guisewhite • Commercial Specialists
    P: 5403250573 jim.guisewhite@svn.com

Property Details for 754-758 South Main Street

Tax ID Number
045A4 A 031
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Waterfront
No
Garage
No
Expected On Market Date
07-22-2022
Central Air
No

Location

Listing Courtesy of Commercial Specialists
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LISTING UPDATED: 03/14/2024 09:43 AM

Property Details for 754-758 South Main Street

StatusActive
MLS #VASH2003966
Days on Market473
Taxes$5,752 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size4.93 AC
CountyShenandoah County

Location

Listing Courtesy of Commercial Specialists
Add your commute

Building Information for 754-758 South Main Street

Lot Size4.93 AC

Payment Calculator

$8,938 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$479

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 754-758 South Main Street

Location
Location
  • In City Limits: Yes
  • School District Name: SHENANDOAH COUNTY PUBLIC SCHOOLS
  • School District County ID: 121140308152
  • SchoolDistrictSource: Listing Agent
  • County: SHENANDOAH
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $810,200
  • Year Assessed: 2022
  • County Tax: $4,699
  • Improvement Assessed Value: $412,400
  • City Town Tax: $1,053
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Land Use Code: 3
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: B2
  • Zoning Dscrp: Commercial
  • Tax Lot: 031
  • Tax Page Number: 248
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Lease In Effect: Yes
Building Info
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Features: No Thru Street, Level, Irregular, Backs to Trees
  • Current Use: Apartments, Automotive, Investment, Residential
  • Parcel ID: 19707196
  • Additional Parcels: No
  • Ground Rent Exists: No
Exterior Features
Exterior Features
  • Horse: No
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Blue Ridge Association of REALTORS
  • List Agent URL: www.svncommercialspecialists.com

Property History for 754-758 South Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 754-758 South Main Street

Rating
School
Type
Grades
Distance
W.W. Robinson Elementary School
Public - PK to 4
Peter Muhlenberg Middle School
Public - 5 to 7
Central High School
Public - 8 to 12
Massanutten Military Academy
Private - 5 to 12
Rating
School
Distance
W.W. Robinson Elementary School
PublicPK to 4

Peter Muhlenberg Middle School
Public5 to 7

Central High School
Public8 to 12

Massanutten Military Academy
Private5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 754-758 South Main Street, Woodstock, VA 22664

754-758 South Main Street is a 4.93 ac of land for sale in Woodstock, VA 22664. This property was listed for sale on July 21, 2022 by Commercial Specialists, it's currently listed at $1,550,000. Nearby schools include W.W. Robinson Elementary School, Peter Muhlenberg Middle School and Central High School. 754-758 South Main Street is a 0-bed, 0-bath, 4.93 ac of land on a 214,750 sq. ft. / 4.93 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Commercial Specialists

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s 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 last updated on 03/14/2024 09:43 AM