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- $1.6M Price
- 4.93 Acres
- 486 DOM
754-758 S Main St
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!
Essential Information
- MLS® #VASH2003966
- Price$1,550,000
- Bathrooms0.00
- Acres4.93
- TypeLand
- Sub-TypeLand
- StatusActive
Community Information
- Address754-758 S Main St
- CityWOODSTOCK
- CountySHENANDOAH-VA
- StateVA
- Zip Code22664
Amenities
Utilities
Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Exterior
Lot Description
No thru street, Level, Irregular Lot, Backs to Trees
School Information
District
SHENANDOAH COUNTY PUBLIC SCHOOLS
Additional Information
- Date ListedJuly 21st, 2022
- Days on Market486
- ZoningB2
Listing Details
- OfficeCommercial Specialists
Price Change History for 754-758 S Main St, WOODSTOCK, VA (MLS® #VASH2003966)
| Date | Details | Price | Change |
|---|---|---|---|
| Active | – | – | |
| Active Under Contract | – | – | |
| Price Reduced (from $1,650,000) | $1,550,000 | $100,000 (6.06%) | |
| Active (from Coming Soon) | – | – |
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Listing information last updated on May 17th, 2024 at 11:45pm CDT.