211 Tannery Road
Luray, VA, 22835 $ 874,900
Bedrooms-- Baths-- Sq 13,400 Monthly Estimate*
$ 5,524
for $874,900. This 13,400 square foot building was built in 2007 on a lot size of 1.55.
Zoned M1 and situated on 1.55 acres, this 13,400 sq. ft. small-bay industrial/flex property offers a compelling opportunity for investors, contractors, automotive users, trades, or an owner-occupant looking to operate their business while generating rental income from the remaining space. The property is configured with seven large front units plus two rear garages measuring approximately 15' x 50' each. Units A and B are approximately 40' x 50' with 13' ceilings, two overhead doors measuring approximately 10' and 12', and private bathrooms with sink and toilet, plus plumbing in place for a water heater and shower. Unit C offers front and rear 8' garage doors, approximately 10' ceilings, and a similarly equipped bathroom. Units D-G feature approximately 8' ceilings, 7' garage doors, and private bathrooms with plumbing for additional improvements. Each primary unit is well insulated, separately metered for electricity, and equipped with its own 5-ton HVAC system. The two rear garages include gas wall heaters. A separate storage building is also included. The property currently generates approximately $3,790 per month in rental income while the owner occupies two of the units, creating an immediate combination of income and usable space. For an investor, the existing rents also present a potential value-add opportunity, with pro forma rents indicating meaningful upside as leases are repositioned toward current market levels. With flexible M1 zoning, multiple individually usable bays, separate utilities, existing income, owner-user potential, and additional land that may allow for future expansion, 211 Tannery Road is well positioned for a wide range of commercial users and investors.
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FeaturesInteriorHeating Fuel Electric
Flooring Concrete
Hot Water None
Total Stories 1
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 7
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GeneralSewer Public Sewer
Heating Heat Pump(s)
Cooling Other Central A/C Heat Pump(s)
Utilities Water Available Sewer Available
Possession Settlement Negotiable Subject to Existing Lease
Roof Metal
Zoning M1
Security Features Exterior Cameras
Construction Materials Metal Siding
Year Built 2007
Property Subtype Industrial
Tax Year 2022
Ownership Fee Simple
Cool Fuel Electric
Gross Income 45480.00
Business Type Manufacturing
Accessibility None
County PAGE
New Construction N
Property Type Commercial Sale
Possible Use Automotive Car Wash Commercial Distribution Flex Space Industrial Investment Manufacturing Mini-Storage Mixed Use Office Professional Service Storage Yard Special Purpose Warehouse Other
Water Access Y/N N
Status ACTIVE
Directions US-211 to Luray. Slight Right onto W Main St. Go through traffic circle stay on Main St. Left on Tannery Rd just before the railroad tracks.
City LURAY
Number Of Units Total 9
Lot Size Units Square Feet
Lot Size Square Feet 67605.00
Tax Annual Amount 6378.0
Property Condition Excellent
Price Per Sq Ft Total AG 65.29
Acceptable Financing Cash Conventional Bank Portfolio Negotiable
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 8A
Total Actual Rent 45480.00
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ExteriorLot Features Cleared
Water Source Public
Type of Parking Parking Lot
Foundation Details Block
Water View Y/N N
Building Area Total 13400.00
Lot Size Acres 1.55
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 40000.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByConnexa Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,524
- Monthly Property Taxes
- $532
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Luray, VA
Average List Price $680,783
Percent of Sale Price 22%
About Luray, VA 4,855 Population
1% Since 2002
$ 44,117 Median Income
45.11 Median Age
24% 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 |
|---|
| 9/18/2026 | $874,900 | | Listed Price |