11253 Kings Highway Montross, VA $ 315,000
11253 Kings Highway
$ 315,000
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11253 Kings Highway

Montross, VA, 22520
$ 315,000
Baths0.0 Sq 5,100

Monthly Estimate*

$ 2,094

11253 Kings Highway, Montross, VA 22520 - Image 1
11253 Kings Highway, Montross, VA 22520 - Image 2
11253 Kings Highway, Montross, VA 22520 - Image 3
11253 Kings Highway, Montross, VA 22520 - Image 4
11253 Kings Highway, Montross, VA 22520 - Image 5
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Studio

Commercial Property for sale in Montross, VA

for $315,000. This 5,100 square foot building was built in 1985 on a lot size of 0.86.

Suites and stand-alone rental property at Shoppes of Lerty. 5100SF for only $53/SF! Corner location-intersection of Kings Highway (Rt#3) and Stratford Hall Road. Excellent opportunity to own your own business space and have rental income for support, or buy as investment for net income. Near Historical Stratford Hall. Corner building has been gift shop- 15+ years- has 2426 Sf. 4 other suites/units

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Commercial Active

Price

$ 315,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,535

Style

General Retail

Lot Size

0.86

Year Built

1985

Town/City

Montross

County/Region

Westmoreland

MLS | Web ID

VAWE2006594

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
Total Restrooms 4
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General
Sewer Septic Exists
Heating Heat Pump(s)
Cooling Heat Pump(s)
Possession Subject to Existing Lease Negotiable
Zoning C1
Construction Materials Block Cedar Combination Vinyl Siding
Year Built 1985
Property SubType Retail
Tax Year 2022
Current Use Retail Mixed Office Commercial
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 25500.00
Business Type Other/General Retail
Accessibility Level Entry - Main
County WESTMORELAND
Net Operating Income 20700.00
Operating Expense 4800.00
New Construction N
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Possible Use Commercial Financial Food & Beverage Investment Office Professional Service Retail Spa Other
Water Access Y/N N
Status ACTIVE
Directions Route 3(Kings Highway) between Montross and Oak Grove at the intersection of Stratford Hall Road(where Stratford Hall Landmark and Historical Property is located)
City MONTROSS
Buyer Agent Compensation 3
Lot Size Units Square Feet
Lot Size Square Feet 37579.00
Waterfront Y/N N
Tax Annual Amount 1535.0
Property Condition Very Good
Price Per Sq Ft Total AG 61.76
Vacation Rental Y/N N
Days on Market 49
Location Type Highway
Standard Status Active
Year Built Source Estimated
Cap Rate 7.10
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Well-Shared
Type of Parking Driveway
Water View Y/N N
Building Area Total 5100.00
Lot Size Acres 0.86
Road Surface Type Access - On Grade Paved
Lot Size Source Estimated
Road Responsibility State Public
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 11253
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* Excluded Features
List By
Exit Elite Realty

Broker

renee@bestappraisal.com

Email

Affordability Calculator

$2,222
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,094
Monthly Property Taxes
$128
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2024$315,000 Listed Price

Map


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11253 Kings Highway, Montross, VA, 22520 is a Commercial Property for sale at $315,000 with 5,100 sqft and a lot size of 0.86. 11253 Kings Highway is a studio with 0.0 baths and was built in 1985. The property's zip code is 22520 which is in Montross, VA