600 Augusta Ave, GROTTOES

$268,000

0 Beds
0 Baths
7,000 Sqft
1.11 Acres
0 Garages

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.

Essential Information
MLS® #598099
Price$268,000
Square Footage7,000
Acres1.11
TypeCommercial
Sub-TypeBuilding
StatusActive
Community Information
Address600 Augusta Ave
AreaRockingham
CityGROTTOES
StateVirginia
Zip Code24441
Additional Information
Date ListedNovember 26th, 2019
Days on Market186
ZoningB-1 Business General
Listing Details
OfficeCottonwood Commercial LLC
LISTING MAP

Get directions to this property:

Copyright ©2004-2020 Charlottesville Area Association of Realtors®. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the IDX Program of Charlottesville Area Association of Realtors®. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Any use of search facilities of data on this site other than by a consumer interested in the purchase of real estate, is prohibited. Information last updated on 5/30/20 9:33 PM EDT.

Sign up for email updates