218 Mill Road
Woodstock, VA, 22664 $ 1,150,000
Bedrooms-- Baths-- Sq 8,608 Monthly Estimate*
$ 7,175
for $1,150,000. This 8,608 square foot building was built in 1988 on a lot size of 1.4.
Prime Investment Opportunity Former assisted living facility is strategically located in the beautiful Shenandoah Valley in Woodstock, VA just off Interstate I-81. This exceptional property offers a unique opportunity for investors and operators to establish a thriving senior living community, assisted living facility, day care, private school, church, dentist, shelter, apartments (SUP), physical rehab facility, professional office space, retail store, Animal Hospital (Vet Clinic), motel, restaurant or similar type business. Centrally located with easy access to healthcare facilities, shopping centers, and recreational amenities. Originally designed for assisted living with a thoughtful 8600 sqft +/- layout, 16 large bedrooms (up to 32 residents), 11+ bathrooms, multiple spacious common areas, and well-designed living spaces, this facility is perfect for a premier senior living community or business / professional office space. Potential for expansion of 8+ more rooms (16+ additional residents) or the addition of complementary services, including memory care, physical rehabilitation, or specialized healthcare programs. Turn-key facility, all furniture, furnishings and equipment convey with purchase. Schedule a tour to learn more about this exceptional investment opportunity.
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Commercial ActiveBanquet Facility/Lodge,Day Care Facility,Funeral H
FeaturesInteriorHeating Fuel Electric
Flooring Partially Carpeted Tile/Brick
Hot Water Electric Multi-tank
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 11
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GeneralSewer Public Sewer
Heating Heat Pump - Gas BackUp
Cooling Central A/C
Possession Immediate
Roof Shingle
Zoning C
Security Features Sprinkler System - Indoor
Construction Materials Frame T-1-11
Year Built 1988
Electric 120/240V Generator
Property Subtype Special Purpose
Tax Year 2023
Ownership Fee Simple
Cool Fuel Electric
Business Type Banquet Facility/Lodge Day Care Facility Funeral Home Garden Center Hotel/Motel Institutional Medical Other/General Retail Professional Religious Facility Restaurant/Bar School Vet/Kennel
Accessibility 2+ Access Exits Level Entry - Main Low Pile Carpeting Mobility Improvements Ramp - Main Level Roll-in Shower
County SHENANDOAH
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions I-81 to Exit #283 Right on VA 42 North / West Reservoir Rd Left onto Main St 1.8 miles and Right onto Mill Rd .1 mile property on the right.
City WOODSTOCK
Lot Size Units Square Feet
Lot Size Square Feet 60984.00
Tax Annual Amount 6060.0
Price Per Sq Ft Total AG 133.6
Acceptable Financing Cash Seller Financing Conventional
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
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ExteriorParking Features Private Surface Unassigned
Water Source Public
Inclusions Majority of fixtures furniture and equipment will convey.
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 8608.00
Lot Size Acres 1.40
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByCottonwood Commercial, Llc.Broker
chad.dunham@cottonwood.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,175
- Monthly Property Taxes
- $505
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbyCommerical listings in Woodstock, VA
Average List Price $770,250
Percent of Sale Price 33%
About Woodstock, VA 5,215 Population
25% Since 2002
$ 39,248 Median Income
40.06 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/30/2025 | $1,150,000 | -8.00% | Price Down |
| 11/15/2024 | $1,250,000 | | Listed Price |