31785 N James Madison Hwy - Showroom FOR SALE


New Canton, VA 23123
$295,000 USD
804-402-4565
31785 N James Madison Hwy, New Canton, VA for Sale
$295,000 USD
Showroom - FOR SALE
1/24
null | Request Cap Rate

31785 N James Madison Hwy
New Canton, VA 23123


HIGHLIGHTS

  • Outstanding Rural Scenic Commercial Opportunity

OVERVIEW

James River Landing Amazing Possibilities - Incredible Value This 5-acre commercial property with C1 zoning boasts a superb location on the northern edge of Buckingham County, close to the Route 15 scenic bridge and the James River. The parcel offers considerable level land along most of its 550 ft of road frontage, providing ample space for parking. The rear of the property features a mature hardwood forest sloping down to a meandering stream at the property border. Originally a Nash automobile dealership, the substantial mid-century modern masonry structure has been expanded to approximately 3,441 sq ft. It features 14 ft ceilings and large steel-framed factory-style windows on all four sides. While the building has been vacant for many years, masonry and steel structural repairs have been completed, and the exterior has been painted. The structure currently has no roof, but the original steel roof trusses remain in place and will add architectural interest to your renovation. The property is served by a drilled well with a new pump and it has a cast concrete septic tank. A soil report has been performed, and the soil tests adequate for up to 1,000 gallons per day capacity, which should meet any potential use requirement. Electric power is available on site.

FOR SALE DETAILS

PRICE

$295,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

James River Landing

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Auto Dealership, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

Lighting, Gas, Water - Well, Sewer, Heating

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5

LAND SF

217,800

ZONING

C1

APN/PARCEL ID

31-0-0-8-0

ASK ABOUT THIS PROPERTY

Page GeorgeMaison Real Estate BoutiqueMore Info
804-402-4565

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

Page GeorgeMaison Real Estate BoutiqueMore Info
804-402-4565

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