1600 Shenandoah Avenue
Front Royal, VA 22630
MLS #WR10101662

Commercial
    $1,200,000
    Est. P&I payment: $4583.19/mo
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    Description for 1600 Shenandoah Avenue, Front Royal, VA 22630
    Thirty Two Unit Motel w/ 4 bedroom house and an office building. 1.46 acre corner lot Shen Ave (RT 340 & 522) and 17th Street.Options: Owner Operated/ Buy and Hold Investment/ Redevelopment. Routes 340 & 522 are the main thoroughfares into and out of Front Royal. Many possibilities. Financials with contract. Agent must accompany showings. 24 hour notice to show
    MLS #WR10101662
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    My Notes for MLS #WR10101662

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Hotel/Motel
    • Zoning Code: COMMERCI

    Exterior Features

    • Stories: 1
    • Lot Area Acre: 1.459986
    • Lot Size Area: 63,597
    • Water Front: N
    • Parking: Free

    Interior Features

    • Gross SQFT: 9,500
    • Leasable SQFT: 9,500
    • Net SQFT: 9,500

    Utilities Features

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

    Financial Features

    • Price Per Square Foot: 113
    • Total Taxes: 5,331.72
    • Total Taxes Payment Freq: Annually
    • City Town Tax: 916.92
    • City Town Tax Payment Freq: Annually
    • County Tax: 4,414.8
    • County Tax Payment Freq: Annually
    • Tax Year: 2017
    • Improvement Assessment Amount: 277,200
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 402,000
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 679,200
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2015
    • Gross Income: 150,000
    • Monthly Gross Rent: 12,000
    • Property Net Operating Income: 12,000
    • Expenses: 82,000

    Community Features

    • City: 10000026664
    • County: Warren
    • HOA: N
    • Vacation Home: N
    • Roads: State
    • Advertised Subdivision: FRONT ROYAL

    Misc Features

    • TV Cable Comm: Cable-Prewired
    • Year Built: 1950
    • Vacancy Factor: 5
    • Tenancy: Lease terms Mixed
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No

    Location

     
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    The listing information for 1600 Shenandoah Avenue, Front Royal, VA 22630 was graciously provided by our friends at the listing brokerage, Coldwell Banker Commercial Premier Properties

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    Last Updated 04/26/2018 at 9:33am
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