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121 N Main StWoodstock, VA 22664Price: $775,000

  • Price: $775,000
  • 66 Days on Market
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Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* 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.
  • $775,000List Price
  • 0.3Acreage

Listing Tools

Mixed use investment property along Main Street, Downtown Woodstock, VA. Much of the heavy lifting has been done on this project. The exterior detailing on the front of this building is first class and period correct. The property is made up of two commercial leased spaces and 3 fully leased apartments on the second floor, while the third floor is your value add. The space is gutted with new windows, ready to add several apartments for additional income. The property has storage space and an open court yard that could be a great amenity to the project. Off street parking and on street parking are available. Current NOI is estimated at $51,000 or a 6.6% Cap Rate at $775,000! Below market rents and a third floor for expansion makes this a terrific value add opportunity for a savvy investor.

Property Details of 121 N Main St

Property Details

Exterior Features

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Listed by James A Guisewhite of Commercial Specialists

Copyright 2022 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 September 25, 2022. 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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