VA > Woodstock
Woodstock, VA 22664,754-758 S MAIN ST
Woodstock, VA 22664,754-758 S MAIN ST
Woodstock, VA 22664,754-758 S MAIN ST
Woodstock, VA 22664,754-758 S MAIN ST
Woodstock, VA 22664,754-758 S MAIN ST
Woodstock, VA 22664,754-758 S MAIN ST
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Jan-Michael McClintic

Jan-Michael McClintic

+1(908) 279-0593
$ 1,600,000
Est. payment | /mo

4.93 Acres Lot

Save
$ 1,600,000
Est. payment | /mo
Save

4.93 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID VASH2003966

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $5,752

Tax Year 2022

Lot Size 4.930 Acres

Acres 4.93

Property 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 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!

Location

State VA

County Shenandoah

Zoning B2

Exterior

Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Garage N

Building

Lot Description No Thru Street, Level, Irregular, Backs to Trees

Sewer Public Sewer

Water Public

Schools

School District Shenandoah County Public Schools

Others

Tax ID 045A4 A 031

Ownership Fee Simple

SqFt Source Estimated

Horse Property N

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by James A Guisewhite • Commercial Specialists
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+1(908) 279-0593

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165 Passaic Ave, Fairfield, NJ, 07004, USA

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754-758 S MAIN ST