This rare dual-asset investment opportunity at 4064 James Madison Hwy in Fork Union, Virginia, offers a compelling blend of healthcare stability and multifamily income. The property includes a well-maintained medical office building and a fully leased four-unit apartment building totaling 7,139, all situated on a 3.19-acre parcel with 50 dedicated parking spaces.
The medical office is currently occupied by a long-standing general practitioner who will execute a new 5-year NNN lease upon sale, ensuring immediate, predictable cash flow. The facility includes nine exam rooms, administrative offices, a lab, nurses’ station, file room, kitchen/break area, and a welcoming reception area. The tenant will cover all operating expenses, including taxes, insurance, and maintenance, offering a hands-off investment profile.
Adjacent to the medical office is a two-story multifamily building with three one-bedroom units and one two-bedroom unit. All apartments are fully occupied, with one recently renovated, and rents include utilities—providing additional, stable income.
Located in Fluvanna County along the well-traveled James Madison Highway (US-15), the property benefits from strong visibility and accessibility. The B-1 zoning supports a variety of commercial uses, and the surrounding area includes residential neighborhoods and local businesses, enhancing long-term tenant demand.
This is an ideal acquisition for investors seeking a diversified, income-producing asset with a healthcare anchor tenant and residential upside.