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    831 Martin Luther King Jr Way

    HARRISONBURG, VA 22801
    • $1,550,000
    • STATUS: Active
    • ON SITE: 17 days
    • MLS #: 608154
    UPDATED: 65 min ago
    $1,550,000
    • 0
      BEDS
    • 1.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,600
      SQFT
    • $161
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1982
    Area:

    School Ratings & Info

    Description

    Great Investment!!! Ideal for 1031 exchange investors looking for a cycle-resilient investment! 9,600 SF Medical Office Complex is FULLY occupied with 6 MEDICAL AND ESSENTIAL tenants. Two well maintained, beautiful 2-story brick buildings with a new roof in 2019. Located at the signalized intersection with excellent visibility and easy access to Interstate 81 and Downtown Harrisonburg. Public bus route and surrounded by retails and professional offices such as CVS, fast food restaurants, shopping strip center, etc. This property offers ample parking stalls (72) and vacant lot located beside building is suitable for additional building development. Great quality buildings built by Nielson Construction in 1982 and 1984.

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    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 2020-09-25T12:13:00.703.
    www.jzwre.com/homes/109771576
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    831 Martin Luther King Jr Way HARRISONBURG, VA 22801

    • Price: $1,550,000
    • Status: Active
    • Updated: 65 min ago
    • MLS #: 608154
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.34
    Acres
    9,600
    SQFT
    $161
    $/SQFT
    1982
    Built
    Neighborhood:
    Harrisonburg
    Area:
    Harrisonburg
    Property Description
    Great Investment!!! Ideal for 1031 exchange investors looking for a cycle-resilient investment! 9,600 SF Medical Office Complex is FULLY occupied with 6 MEDICAL AND ESSENTIAL tenants. Two well maintained, beautiful 2-story brick buildings with a new roof in 2019. Located at the signalized intersection with excellent visibility and easy access to Interstate 81 and Downtown Harrisonburg. Public bus route and surrounded by retails and professional offices such as CVS, fast food restaurants, shopping strip center, etc. This property offers ample parking stalls (72) and vacant lot located beside building is suitable for additional building development. Great quality buildings built by Nielson Construction in 1982 and 1984.
    Exterior Features

    Construction Brick Fenced None Parking Private 11+ Spaces Parking Ratio 72 Parking1 6 Roof Composition Shingle

    Interior Features

    Air Conditioning Central Air Floors Concrete Gross Leasable Area 9600 Heating GasHeat Pump Suitable For Office Medical OfficeOffice Building

    Property Features

    Building Status Existing Structure Gas No Lender Owned No Location 1st Level2Nd LevelFree StandingOffice Building Occupancy Percentage 100 Property On Ground Lease No Property Type Building Sewer Septic Yes Connected Short Sale No Structure Features CableFire AlarmHandicap AccessOn City Bus RoutePaved Outside AreaPaved Street Tax Year 2020 Tenancy Multiple Use Options Investor-UserMedicalOffice Water ConnectedPublic Zoning B-2 General Business

    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 2020-09-25T12:13:00.703.
     
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    Jamie White Real Estate
    941 Glenwood Station Lane #302
    Charlottesville VA, 22901