121-125 N Main St - Storefront Retail/Residential FOR SALE


Woodstock, VA 22664
$782,500 USD
757-788-9038
121-125 N Main St, Woodstock, VA for Sale
$782,500 USD
Storefront Retail/Residential - FOR SALE
1/47
null | Request Cap Rate

121-125 N Main St
Woodstock, VA 22664


OVERVIEW

Financials for the property can be shared with a signed NDA. All leases with the current terms will be transferred to the new owner. Architectural plans have been created for the third floor renovation and can be shared upon request. Opportunity Awaits in Woodstock, VA! Set in the heart of downtown Woodstock, Virginia, this remarkable property at 121 and 123 N Main Street offers a unique blend of commercial and residential potential. Spanning 9,938 square feet, this building is your ticket to owning a piece of historical Virginia charm while tapping into a vibrant local market. On the ground level, you'll find two commercial units perfect for a mix of retail or office use. These spaces benefit from Main Street's foot traffic, ideal for businesses looking to connect with the community. These two commercial units are currently rented and financials can be provided. On the middle level, you'll find three residential units. There are 2, one bedroom/one bathroom units, and 1, two bedroom/one bathroom unit. These units are currently rented and financials can be provided. On the top level, the potential for two additional units is a valuable asset. With creativity, these spaces could become unique lofts or studios, expanding rental options or providing personal space. This potential growth could significantly enhance the property's value. Location is key, and this property offers a central spot in a community that thrives on local businesses and historical charm. Woodstock's rich history and downtown attract locals and tourists alike, making it ideal for commercial ventures. Situated in Virginia's stunning Shenandoah Valley, you're never far from outdoor adventures or scenic drives. Whether you're an investor or entrepreneur, this property provides endless possibilities. The mix of commercial and residential units offers a balanced income stream, capturing different market facets. This property is more than just a space; it's a potential-filled venture ready for your vision. Dive into this opportunity and become part of a community that values heritage and growth.

FOR SALE DETAILS

PRICE

$782,500 USD

PRICE/SF

$79 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Historic Schmitt Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

Commercial

APN/PARCEL ID

045A2-A-221

ASK ABOUT THIS PROPERTY

Liz HopkinsRealty One Group Old TowneMore Info
757-788-9038

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Liz HopkinsRealty One Group Old TowneMore Info
757-788-9038

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.