11702 Spotswood Trail Elkton, VA $ 400,000
11702 Spotswood Trail
$ 400,000
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11702 Spotswood Trail

Elkton, VA, 22827
$ 400,000
Bedrooms-- Baths-- Sq 3,650

Monthly Estimate*

$ 2,495

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Commercial Property for sale in Elkton, VA

for $400,000. This 3,650 square foot building was built in 2013 on a lot size of 1.59.

Subject to online sale ending 9/9 @ 2:00 PM, List price is opening offer amount and may not reflect the final sales price, seller is considering pre-auction offers, Public property tours 08/25 @ 3PM and 09/02 @ 3PM. PRIME COMMERCIAL INVESTMENT OPPORTUNITY This exceptional multi-tenant retail center sits on 1.59 acres along the heavily traveled Spotswood Trail (Route 33) in Elkton, Virginia, strategically positioned near the entrance to Massanutten Resort and popular Shenandoah Valley attractions. IMMEDIATE INCOME ENHANCEMENT: Current lease portfolio is priced below market standards due to family relationships and tenant service arrangements. Market analysis supports rent increases of 50-200% for select units upon renewal, offering new ownership immediate cash flow improvement without capital investment. Highlights 6 Buildings Total: 5 currently occupied, 2 vacant with immediate income potential Full Occupancy Potential: $87,528 annually High-Traffic Location. BUILDING INVENTORY: Brewery/Retail Building (917 sq ft) - Built 1942, recently renovated Coffee Shop (312 sq ft) - Modern retail space with covered porch Retail Space (344 sq ft) - Well-appointed shop with porch Food Service Space (408 sq ft) - Includes commercial hood system Retail Shop (300 sq ft) - VACANT - Immediate income opportunity Conditioned Warehouse (1,404 sq ft) - VACANT - Built 2015 ADDITIONAL FEATURES: Food truck land lease generating $14,400 annually 27 marked parking spaces with paved lot Covered walkways and central pavilion seating area Professional monument signage Public water/sewer, full utilities B-1 Commercial zoning ESTABLISHED TENANT BASE: Five operating businesses including BrewHaHa Brewing, Nutt's About Coffee, and specialty retail shops. Strong lease renewal history with terms extending through 2027. All financial information based on current undervalued leases. We're hosting exclusive open houses by appointment on: Monday, August 25th at 3:00 PM and Monday, September 2nd at 3:00 PM

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Commercial Active

Price

$ 400,000

Property Type

Commercial

Taxes

$ 0

Style

Storage,Shopping Center,,Warehouse

Lot Size

1.59

Year Built

2013

Town/City

Elkton

County/Region

Rockingham

MLS | Web ID

VARO2002462

Features
Interior
Heating Fuel Other
Hot Water Other
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Other
Cooling Other
Possession Settlement
Zoning B1
Construction Materials Mixed
Year Built 2013
Property Subtype Retail
Tax Year 2023
Ownership Fee Simple
Cool Fuel Other
Business Type Storage Shopping Center Other Warehouse
Accessibility Level Entry - Main
County ROCKINGHAM
New Construction N
Property Type Commercial Sale
Possible Use Shopping Center
Water Access Y/N N
Status ACTIVE
Directions Main St Gordonsville to US 33 W.
City ELKTON
Number Of Units Total 0
Lot Size Units Square Feet
Lot Size Square Feet 69260.40
Tax Annual Amount 0.0
Acceptable Financing Cash Other
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 2
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 0.00
Lot Size Acres 1.59
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 159200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 11702
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* Excluded Features
List By
Dudley Auctions Inc

Broker

pbonnie@dudleyresources.com

Email

Affordability Calculator

$2,495
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,495
Monthly Property Taxes
--
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.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2025$400,000 Listed Price

Map


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11702 Spotswood Trail, Elkton, VA, 22827 is a Commercial Property for sale at $400,000 with 3,650 sqft and a lot size of 1.59. 11702 Spotswood Trail was built in 2013. The property's zip code is 22827 which is in Elkton, VA