16618 Mountain Road Montpelier, VA ^$ 2,900,000

16618 Mountain Road

^$ 2,900,000

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16618 Mountain Road

Montpelier, VA, 23192

^$ 2,900,000

Studio Baths0.0 Sq 13,440

Monthly Estimate*

^$ 20,257

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Studio

Commercial Property for sale in Montpelier, VA

for $2,900,000. This 13,440 square foot building was built in 1997 on a lot size of 5.6.

Established Shopping Center in the Business Hub of Montpelier fronting Rt 33/Mountain Road on 5.6 Acres. It consists of 13,440 Square Feet with 14 rental units, 100 % occupied. Plenty of Parking with 73 parking spaces.

Commercial Active

Price

^$ 2,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial Sale

Lot Size

5.6

Year Built

1997

Town/City

Montpelier

County/Region

Hanover

MLS | Web ID

2305302

Features

General

Sewer SepticTank

Heating HeatPump

Cooling CentralAir

Possession CloseOfEscrow

Construction Materials Block

Year Built 1997

Topography Level

Levels OneandOneHalf

County Hanover

New Construction N

Property Type CommercialSale

Association Y/N N

Attached Garage N

Possible Use Office Restaurant Retail

Garage Y/N N

Status Active

View Y/N N

Senior Community Y/N N

Zoning Description B3

MLS Area 36 - Hanover

Waterfront Y/N N

Carport Y/N N

Street Name Mountain

Property Attached Y/N N

Year Built Details Actual

Land Lease Y/N N

Home Warranty Y/N N

Property Condition GoodCondition

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 164

Standard Status Active

Tax Assessed Value 1802600

Tax Lot 5.6 Acres

Exterior

Fencing Other

Lot Features Level

Water Source Well

Total Parking 73.0

Lot Size Area 5.6

Spa N

Building Area Total 13440.0

Lot Size Acres 5.6

Lot Size Units Acres

Crops Included Y/N N

Road Responsibility PublicMaintainedRoad

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

Street Suffix Road

Electric On Property Y/N N

Total Baths 0

* Excluded Features

List By

Emma Lee Mitchell

Listing Agent

Ashland - Weichert, Realtors® - Home Run Realty

Broker

Affordability Calculator

$20,257

Per Month

Monthly Principal & Interest: $20,257
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Montpelier, VA

Average List Price ^$2,900,000

Percent of Sale Price 0%

About Montpelier, VA

7,437 Population

23% Since 2002

^$92,011 Median Income

46.68 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1821039 Elementary School

1821205 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/21/2023	$2,900,000	-26.58%	Price Down
4/11/2023	$3,950,000		Listed Price

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16618 Mountain Road, Montpelier, VA, 23192 is a Commercial Property for sale at $2,900,000 with 13,440 sqft and a lot size of 5.6. 16618 Mountain Road is a studio with 0.0 baths and was built in 1997. The property's zip code is 23192 which is in Montpelier, VA

Each Weichert® Franchised Office Is Independently Owned and Operated

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Properties marked with the CVRMLS icon are provided courtesy of Central Virginia Regional Multiple Listing Service, LLC and detailed information about them includes the name of the listing brokers.

The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/6/2023.

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16618 Mountain Road

Commercial Property for sale in Montpelier, VA

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