125 Main Street
Madison, VA 22727
MLS #MA10158055

Commercial
    $525,000
    Est. P&I payment: $2005.14/mo
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    Description for 125 Main Street, Madison, VA 22727
    Madison Office Building. First floor occupied by medical practice. Upper levels are office spaces. Building is fully leased. 24 hour notice required to see the building.
    MLS #MA10158055
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    My Notes for MLS #MA10158055

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Office Building
    • Zoning Code: B1

    Exterior Features

    • Exterior: Brick,​Concrete / Block
    • Roof: Rubber
    • Stories: 2
    • Lot Area Acre: 0.389004
    • Lot Size Area: 16,945
    • Water Front: N
    • Parking: Drvwy/Off Str

    Interior Features

    • Gross SQFT: 8,536
    • Leasable SQFT: 8,250
    • Net SQFT: 8,536
    • Drive In Door Height: 12' to 15'
    • Walls Ceilings: Dry Wall

    Utilities Features

    • Hot Water: Electric
    • Sewer Septic: Public Sewer
    • Water: Public

    Financial Features

    • Price Per Square Foot: 62
    • Total Taxes: 2,888.35
    • Total Taxes Payment Freq: Annually
    • City Town Tax: 312.51
    • City Town Tax Payment Freq: Annually
    • County Tax: 2,575.84
    • County Tax Payment Freq: Annually
    • Tax Year: 2017
    • Improvement Assessment Amount: 288,800
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 90,000
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 378,800
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2013
    • Rent Income: 46,500
    • Gross Income: 46,500
    • Monthly Gross Rent: 3,875
    • Rental Net Operating Income: 31,397
    • Rental Year: 2018
    • Expenses: 12,598

    Community Features

    • City: 10000020570
    • County: Madison
    • HOA: N
    • Vacation Home: N
    • Roads: Access-on grade,​Black Top,​City/County
    • Advertised Subdivision: NONE

    Misc Features

    • TV Cable Comm: 220 Line,​CATV/Dwelling
    • Year Built: 1950
    • Occupied: Yes
    • Tenancy: Lease terms Mixed
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No

    Location

     
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    The listing information for 125 Main Street, Madison, VA 22727 was graciously provided by our friends at the listing brokerage, RE/MAX New Horizons

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    P&I Payment $2005.14
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    Last Updated 04/26/2018 at 6:30pm
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