$1,375,000
$1,350,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
8,849 SqFt
SOLD DATE : 09/12/2022
Key Details
Sold Price $1,375,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 8,849 sqft
Price per Sqft $155
MLS Listing ID VACL2001000
Sold Date 09/12/22
Originating Board BRIGHT
Year Built 1902
Annual Tax Amount $7,665
Tax Year 2021
Lot Size 9,670 Sqft
Acres 0.22
Property Description
Excellent investment opportunity: Fully occupied mixed-use property for sale. Well-maintained with strong cash flows and additional upside potential. The Hawthorne House is a beautifully restored historic building with private parking on highest visibility corner of downtown Berryville. Nearly 9,000 Square Feet with 7 residential and 4 commercial units. Proven track record with long history of 100% occupancy & rent collection, including throughout Covid. Apartments are highly sought-after in an under-supplied market. Building supervisor currently on-site, providing ideal opportunity for more passive investor. Rare combination of stability and attractive ROI. Located in the heart of downtown Berryville, Virginia, 10 miles east of growing City of Winchester and 40 miles west of Dulles Airport.
Location
State VA
County Clarke
Zoning COMMERCIAL
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Hardwood
Heat Source Electric
Exterior
Garage Spaces 11.0
Waterfront N
Water Access N
Roof Type Metal
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 11
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Clarke County Public Schools
Others
Tax ID 14A1--A-52
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Jennifer Kitner • Pearson Smith Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "