Listed By:
The Himes Group, LLC
Address
517 N Main Street, Edinburg, VA
Price
$ 1,200,000
Property Attributes
  • MLS#VASH2008268
  • TypeCommercial
  • CountySHENANDOAH
  • CityEdinburg
  • Zip22824
  • StyleAuto Related,Car Wash/Truck Wash
  • Year Built1972
  • Taxes$ 2821
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11100
  • Lot Size12,197 SqFt
Data Source:
Bright MLS
Property Description

Main building has $6800 month in rental income (with potential for at least $2000 a month more if Square Body Central relocates) Here is a list of what Ive done since I purchased the building: 1)Replaced all of the electrical panels with new upgraded panels 2) Installed a new $45,000 boiler for heat 3) Two new used oil heaters installed 4) new central heat and air conditioning for all of the front offices 5) LED lighting upgrade in every space upstairs and downstairs, each shop, and in the paint booth 6) paint booth repaired and operating 7) rezoned the building from commercial to commercial/residential and built a condo upstairs 8) condo upstairs has its own power meter, and supply from a residential grid. I had the power company put in several power poles and bring power from the town houses down the street.(I have spent more than $80,000 on electrical upgrades) 9) New air compressor install installed 10) hot water installed in the wash bay 11) built a wall to separate Edinburg Corrosion Control and break up the building for multiple rents. 12) built a 26 x 25 mezzanine in the back corner of the shop. 13) there is a brand new mezzanine sitting outside the building, waiting to get installed. It is 15 wide, L-shaped and 45 long per leg. Approximately 1200 sq ft at 200psi per sq ft 14) 45,000 pound lift installed in Edinburg Corrosion Control, and a 12,000 pound lift next to that. 15) Survey done and fence built in back. 16) $100k roof installed on main building by Skyline Roofing 17) $20k new roof on wash bay by Highest Roofing 18) 500 sq ft mezzanine plus another one that is 1600 sq ft that isn't installed at this time. Every light in the main building has been upgraded to LEDs

Price History
4/8/2024 Listed $1,200,000

General Features

Sewer Public Sewer
Heating Heat Pump - Oil BackUp
Cooling Ductless/Mini-Split,Central A/C
Utilities Phone Available
Possession Settlement
Zoning COMMERCIAL
Construction Materials Block
Year Built 1972
Property SubType Services
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
OwnerPays Water,Sewer,Heat,Electricity,All Utilities,Air Conditioning
Business Type Auto Related,Car Wash/Truck Wash,Other
Accessibility Level Entry - Main
County SHENANDOAH
New Construction No
Property Type Commercial Sale
Possible Use Automotive,Car Wash,Mixed Use,Office,Parking,Professional Service,Residential
Water Access Y/N No
Status ACTIVE
Directions Located on the corner of Main St & Edinburg Gap Rd (Town of Edinburg)
ModificationTimestamp 2024-04-07T20:32:37
City EDINBURG
Buyer Agent Compensation 2.5
Lot Size Square Feet 12240.00
Tax Assessed Value 366400.0
Waterfront Y/N No
Street Name MAIN
Tax Annual Amount 2821.0
Property Condition Very Good
Price Per Sq Ft 107.99
Historic Y/N No
Vacation Rental Y/N No
Days on Market 24
Standard Status Active
Year Built Source Assessor
Tax Lot 008&009
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric,Oil,Renewable,Central
Hot Water Electric
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes
Total Restrooms 4

Exterior Features

Water Source Public
Total Parking Spaces 52
Type of Parking Parking Lot
Land Use Code 4
Water View Y/N No
Building Area Total 11112.00
Lot Size Acres 0.28
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 30600.00
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 7

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 22824

Price
AVG $820K
$1.2M
Taxes
AVG $2,341
$2,821
Visits
AVG 14
19
Data Provided by Inside Real Estate®
Year Built
AVG 1952
1972

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