22157 LANKFORD HWY Cape Charles, VA, 23310
$ 185,000Bedrooms Baths3.0 Sq 5,040
for $185,000 with 3 full baths. This 5,040 square foot building was built in 1964 on a lot size of 1-1.9 acres +/-.
Great Commercial Property just north of the Cape Charles Stop light with frontage on US Rt 13 (Lankford Highway) and State Route 684 (Bayview Circle). The property was originally an auto parts store with approximately 5, 000 square feet of office space. It is currently converted into three stores. The front store is approximately 1, 500 square feet, the second store is approximately 1, 000 square feet and the third store is approximately 2, 500 square feet. Each store has their own bathroom. Each store has its own central heat and air conditioning. The property has propane storage tanks for Sharp Energy which is another source of income. The property has a currently yearly income of $19, 623.22. The property is being sold with approximately on 1 acre.
Cooling System Central Air Heat Pump
Flooring Concrete Floors
Heating System Forced Air Heat Pump
Sewer Septic System
Water Source Well
Exterior* Excluded Features
Building Type Business Opportunity
Parking Parking Spaces
Road Frontage City Street Paved State Highway US Highway
Roof Steel Wood Roof
List By Onancock/Eastern Shore - Weichert, Realtors® - Mason-Davis
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% 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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Commerical listings in Cape Charles, VA
Average List Price $757,875
Percent of Sale Price 310 %
About Cape Charles, VA
-15 % Since 2002
$ 39,130 Median Income
51.79 Median Age
20 % Households with Children