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9550 James Madison HighwayWarrenton, VA 20186Price: $675,000

  • Price: $675,000
  • 24 Days on Market
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* 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.
  • $675,000List Price
  • 1.63Acreage

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Exceptional investment opportunity in a free-standing, brick commercial building priced to sell. This building features four distinctive suites (A-D) each with their unique layouts. The main floor units have 9-foot ceilings while the first floor units have 11 foot ceilings giving all the units an open and expansive feeling. Unit A, currently occupied by Merry Maids, is built out with a main office, bathroom, training room, back office, storage closet, and washing area. Unit B is being utilized as a real estate office. Unit D is home to White Top Auto, offering hardwood floors, a front seating area/smaller office, bathroom, and a large rear office. Units A, B, and D each have their distinct entrances, creating an exclusive feel for each tenant. Unit D has a side entrance as well other than the main stairwell inside. Unit C, currently vacant and carpeted, is built out as an office with a front seating area, bathroom, and a large office space. With a bit of vision, this unit could be the perfect spot for your future tenant or your own office. A noteworthy feature of the building is the potential for units C and D to be combined to create a larger space if needed. The versatility of this building is truly impressive, and a strategic asset in the commercial leasing market. The building stands on a parking lot with ample space for up to 20 vehicles. It has been maintained meticulously inside and out, offering a welcoming atmosphere for any business. Each unit is metered separately for electricity and features four Trane exterior compressors. The building is serviced by well water and a septic system. With a steady monthly NOI of $3970, this commercial building is a fantastic revenue-generating property awaiting its new owner.

Property Details of 9550 James Madison Highway

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Listed by RUCHI KAPANI of CENTURY 21 New Millennium

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