129 W Old Cross Rd - Storefront FOR SALE


New Market, VA 22844
$995,000 USD
540-535-0808
129 W Old Cross Rd, New Market, VA for Sale
$995,000 USD
Storefront - FOR SALE
1/15
null | Request Cap Rate

129 W Old Cross Rd
New Market, VA 22844


HIGHLIGHTS

  • Major Price Reduction
  • Rare development opportunity at I-81 interchange, Exit #264
  • Scrape the site or repurpose 11,366 sf building for your opportunity
  • Strong tourist traffic corridor
  • Historic downtown draws business to the market

OVERVIEW

Interstate I-81, Exit #264, Historic New Market! 1.45 acres of land for commercial redevelopment to be used as C-stores, hotel, restaurant, medical or other commercial uses. Use the existing 11,366 Sq. Ft. for repurposing for many business opportunities. Large showroom with warehouse for storage along with plenty of on-site parking along with municipal parking on the east edge of the property. Excellent road frontage, property is located between two lighted intersections for maximum visual impact along the highly trafficked tourist route to the Shenandoah River excursions, Shenvalee Golf Resort, Luray Caverns, Shenandoah Caverns, Civil War Museum and other tourist attractions. Join local neighbors such as Quality Inn, John Henry General Store, McDonald's, Subway, Dunkin Donuts, Liberty and Shell C-stores. Come to the Shenandoah Valley for the Opportunity, stay for the Hospitality!

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

New Market Feed & Hardware Inc.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

Commercial

APN/PARCEL ID

103A206-001

ASK ABOUT THIS PROPERTY

Jim GuisewhiteSVN | Commercial SpecialistsMore Info
540-535-0808

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Jim GuisewhiteSVN | Commercial SpecialistsMore Info
540-535-0808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.