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9800 S Congress St 9,940 SF Retail Building New Market, VA 22844 $1,326,124 CAD ($133.41 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Car/ mower lift
  • Established customer base
  • Computer Balancer

EXECUTIVE SUMMARY

Seize this rare chance to own a nearly 10,000 sq ft mixed-use building on Congress Street New Market, strategically placed within the Shenandoah Valley. This building offers excellent visibility and accessibility spanning two commercial-zoned lots totaling nearly two acres. This 9,940 sq ft building is designed for versatility, featuring a retail sales area, office space, storage/parts area, and a spacious heated shop. The front retail area boasts ample open floor space with large storefront windows and doors, providing outstanding exposure along Rte 11. The heated shop offers tall ceilings, large roll up garage doors and is currently equipped with car/mower lifts, jacks, a tire changer, and a Bobcat forklift—all of which are negotiable with the sale. With its flexible layout and prime location, this property is well-suited for a variety of commercial uses to include automotive, retail, office, storage or flex. Additionally, the back lot offers ample room for expansion of the existing building or an entirely new development opportunity. The back lot is currently improved by a pole storage building. Don't miss out on this exceptional investment! ***This building is the current location of the long time thriving business of Route 11 Equipment. This list price reflects real estate only (bricks and mortar along with the additional vacant commercial lot).
***Current partnered franchises of which would convey to the next owner include eXmark, Bad Boy, Stihl, Altoz, ECHO and more. Letter of transfer and intent will be provided to next purchaser for continued partnership. List price of $1,318,000.00 includes Real estate, business and all assets necessary to fully run the operation. Route11 Equipment will continue operation. Prior to closing a list of inventory will be valued and sold to purchaser. Contact Colton Mitchell for addition information. 540-820-2001. Financials are available to serious buyers upon signature of a confidentiality agreement.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,940 SF
Building Class
B
Year Built
1940
Price
$1,326,124 CAD
Price Per SF
$133.41 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.95 AC
Zoning
B1 - Commercial

AMENITIES

  • Air Conditioning

NEARBY MAJOR RETAILERS

Truist
Blimpie

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
103-A-104
Land Assessment
$122,311 CAD
Improvements Assessment
$280,554 CAD
Total Assessment
$402,865 CAD
  • Listing ID: 33828070

  • Date on Market: 2024-11-11

  • Last Updated:

  • Address: 9800 S Congress St, New Market, VA 22844

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