600 Augusta Ave

    GROTTOES, VA 24441
    • $268,000
    • STATUS: Active
    • ON SITE: 146 days
    • MLS #: 598099
    UPDATED: 21 min ago
    $268,000
    • 0
      BEDS
    • 1.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,000
      SQFT
    • $38
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Area:

    School Ratings & Info

    Description

    7,000 SF building includes separate buildable lot used for parking currently leased to Family Dollar. 8% CAP at list price! Family Dollar has (3) 5 year renewals with 10% rent increases. Gross rent: $25,850/year or $2154/monthly. Landlord responsible for: Roof, structure, major maintenance (any expense over $400), 4 roof top A/C units, mowing, lights, real estate taxes, insurance, parking lot. Tenant is responsible for: Inside minor maintenance, snow removal, and utilities. Landlord expenses average $4,410 per year.

    Monthly Payment Calculator



    Listing information © 2020 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Jamie White Real Estate. Data last updated 2020-05-25T12:12:35.94.
    www.jzwre.com/homes/101934088

    600 Augusta Ave GROTTOES, VA 24441

    • Price: $268,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 598099
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.11
    Acres
    7,000
    SQFT
    $38
    $/SQFT
    Neighborhood:
    Rockingham
    Area:
    Rockingham
    Property Description
    7,000 SF building includes separate buildable lot used for parking currently leased to Family Dollar. 8% CAP at list price! Family Dollar has (3) 5 year renewals with 10% rent increases. Gross rent: $25,850/year or $2154/monthly. Landlord responsible for: Roof, structure, major maintenance (any expense over $400), 4 roof top A/C units, mowing, lights, real estate taxes, insurance, parking lot. Tenant is responsible for: Inside minor maintenance, snow removal, and utilities. Landlord expenses average $4,410 per year.
    Property Features

    Property Type Building Tax Year 2019 Use Options AutomotiveInvestor-UserManufacturingRetailWarehouse Zoning B-1 Business General

    Listing provided courtesy of Cottonwood Commercial Llc.


    Listing information © 2020 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Jamie White Real Estate. Data last updated 2020-05-25T12:12:35.94.
     
    Jamie White Real Estate
    941 Glenwood Station Lane #302
    Charlottesville VA, 22901