Village Station

Retail: Mixed Use

13652 James Madison Hwy, PalmyraVA 22963

Property Details

Location

Address
13652 James Madison Hwy, PalmyraVA 22963
County
Fluvanna
Submarket
Parcels
30A A 42

Building Size

Building Size
9,067 SF
Rentable Space
9,067 SF

Building Details

Type
 Retail: Mixed Use
Number of Buildings
4
Occupancy Type
Multi-tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
2
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
1.17 Acres
Land (SF)
50,965 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
B-1 BUSINESS
Lot Depth
Lot Width

Contacts

Current Listings

Retail Business Center

9,067 SF$375,000
Cap Rate: 12%

The property consists of 4 seperate buildings. The main building has over 6000 sq. ft. Currently with 12 seperate tenants with short term leases. 2 spaces are vacant providing an opportunity for an owner/occupier and additional rental income.

The current monthly rental income is $3840 with the possibility of $700 more per month if 100% occupied. Owner financing available (3 to 5 year balloon) with 20% down at 6% interest. Owner/Agent.

The property consists of 4 seperate buildings. The main building has over 6000 sq. ft. Currently with 12 seperate tenants with short term leases. 2 spaces are vacant providing an opportunity for an owner/occupier and additional rental income.

The current monthly rental income is $3840 with the possibility of $700 more per month if 100% occupied. Owner financing available (3 to 5 year balloon) with 20% down at 6% interest. Owner/Agent.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: CVCMLS

More Information

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