1600 Shenandoah AveFront Royal, VA 22630MLS Number 1004124209

  • Price: $1,200,000
  • 437 Days on Market
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Federal 30-year interest rate: 4.45% last updated on Jan 17, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1.46Acreage
  • 1950Year Built
  • 126Price Per Square Foot
  • 32Units

Thirty Two Unit Motel w/ 4 bedroom house and an office building. 1.46 acre corner lot Shen Ave (RT 340 & 522) and 17th Street.Options: Owner Operated/ Buy and Hold Investment/ Redevelopment. Routes 340 & 522 are the main thoroughfares into and out of Front Royal. Many possibilities. Financials with contract. Agent must accompany showings. 24 hour notice to show

Listed by Ray Padgett of Coldwell Banker Commercial Premier Properties

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Basic Information

  • Broker NameColdwell Banker Commercial Premier Properties
  • List Price$1,200,000
  • LocationTypeCorner Lot/Unit
  • MLS Number1004124209
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot126
  • Sale Date04/16/2019
  • Security FeaturesFire Detection System, Smoke Detector, Surveillance Sys
  • StatusActive With Contract
  • Units32
  • Vacation Rental YNN

Property

  • Acreage1.46
  • Business TypeHotel/Motel, Investment
  • FencingPartially
  • Leasable Area9500
  • Leasable Area UnitsSquare Feet
  • Lot DescriptionCorner
  • Lot Dimensions SourcePlat Map/Survey
  • Lot Size Area63597
  • Lot Size Dimensions63,598
  • Lot Size SourcePlat Map/Survey
  • Lot Size Square Feet63,597
  • New Construction YNN
  • Property ConditionAs-is Condition
  • Property TypeFive Or More Units
  • Road ResponsibilityState
  • Road Surface TypeBlack Top
  • ZoningCOMMERCI

Tax Information

  • Assessment Year2015
  • City Town Tax916.92
  • City Town Tax Payment FrequencyAnnually
  • County Tax4414.8
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount679200
  • Tax Lot2
  • Tax Total Finished Sq Ft1,536
  • Tax Year2017
  • Taxes$5,332
  • Total Taxes Payment FrequencyAnnually

Building

  • Building Area SourceEstimated
  • Building Area Total9500
  • Building Area UnitsSquare Feet
  • Construction MaterialsMasonry
  • FoundationBlock
  • Num Attached Garage Spaces
  • Num Detached Garage Spaces
  • Stories1
  • Total Restrooms34
  • Year Built1950

Exterior

  • RoofAsphalt

Amenities

  • Accessibility AmenitiesWheelchair Mod

Water Body

  • Tidal Water YNN
  • Water AccessN
  • Water View YNN
  • WaterfrontN

Other

  • Gross Income150000
  • Ground Rent Exists YNN
  • Ground Rent Payment FrequencyAnnually
  • Last Contingency Expires2019-03-16T00:00:00
  • Operating Expense82000
  • Soil TypesUnknown
  • Vacancy Allowance Rate5

Parking

  • Assigned Parking Spaces
  • Num Parking Spaces26 to 50 Car Garage
  • Parking FeaturesCircular Driveway
  • Parking TypesParking Lot
  • Total Garage And Parking Spaces26

Basic Information

  • Date Listed11/10/2017

Location

  • Address1600 Shenandoah Ave
  • Building Number1600
  • CountyWarren
  • Direction FacesSouth
  • DirectionsFrom I-66 & Routes. 340 & 522 go south towards Front Royal, cross bridges- property is a few blocks on left at Shenandoah Ave. & 17th Street. "Shenandoah Motel" sign.
  • In City Limits YNY
  • IncorporatedcitynameFront Royal
  • StateVA
  • SubdivisionFront Royal
  • TownFront Royal
  • Water Oriented YNN
  • Zip22630

Interior

  • FlooringConcrete

Utilities

  • Central Air YNN
  • CoolingWindow Unit(s)
  • Cooling FuelElectric
  • Electric120/240V
  • Heat SystemCentral
  • Heating FuelElectric
  • Heating YNY
  • SewerPublic Sewer
  • UtilitiesCable TV Available
  • Water HeaterElectric
  • Water SourcePublic

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Copyright 2019 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Carter Braxton Preferred Properties participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated January 20, 2019. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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