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5307 Main Street

STEPHENS CITY, VA 22655
  • $1,200,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: VAFV2022860
$1,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1911
County:

School Ratings & Info

Description

This is the opportunity of a lifetime. A fully profitable outlet center in downtown Stephen City, VA. Owners are moving toward retirement. Therefore, they are ready to pass this locally loved store onto new owners. Many of the current employees are happy to stay with the owners. The current owner is willing to stay through a transition period and a little beyond to make sure a new owner gets off on the right path. There are two trucks included in the sale, as well as a lot across the street and two storage containers in the rear of the building. Potential buyers will need to show evidence of the ability to purchase the property prior to taking a walk-through. That can be in the form of lender letter or bank letter confirming available funds. Owners are open to partial financing. All inventory will stay with the property. The second floor is currently used for storage and one section is opened during the Christmas season because the Christmas decorations and supplies are stored there. The second floor also has a kitchen for employees to take their breaks. This is really is a wonderful opportunity for a buyer who would love to own their own profitable business. Contact us today!!Cornerstone encourages all potential buyers and their agents to verify the information provided. Cornerstone makes no representation as to the accuracy or reliability of the information that is contained herein. Buyers are encouraged to confirm the information prior to making an offer. House is sold as-is. Home inspections are welcome for information only or to void.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Executive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-03T23:50:33.863.
www.jessyoungrealestate.com/homes/157760276
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5307 Main Street STEPHENS CITY, VA 22655

  • Price: $1,200,000
  • Status: Active
  • On Site: 22 Days
  • ID#: VAFV2022860
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1911
Built
County:
Frederick
School District:
Frederick County Public Schools
Property Description
This is the opportunity of a lifetime. A fully profitable outlet center in downtown Stephen City, VA. Owners are moving toward retirement. Therefore, they are ready to pass this locally loved store onto new owners. Many of the current employees are happy to stay with the owners. The current owner is willing to stay through a transition period and a little beyond to make sure a new owner gets off on the right path. There are two trucks included in the sale, as well as a lot across the street and two storage containers in the rear of the building. Potential buyers will need to show evidence of the ability to purchase the property prior to taking a walk-through. That can be in the form of lender letter or bank letter confirming available funds. Owners are open to partial financing. All inventory will stay with the property. The second floor is currently used for storage and one section is opened during the Christmas season because the Christmas decorations and supplies are stored there. The second floor also has a kitchen for employees to take their breaks. This is really is a wonderful opportunity for a buyer who would love to own their own profitable business. Contact us today!!Cornerstone encourages all potential buyers and their agents to verify the information provided. Cornerstone makes no representation as to the accuracy or reliability of the information that is contained herein. Buyers are encouraged to confirm the information prior to making an offer. House is sold as-is. Home inspections are welcome for information only or to void.
Exterior Features

Construction Materials Brick Garage YN No Location Type Downtown Parking Types On Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 7000.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 7000.00

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Electric Gross Income 1368961.00 Heating Fuel Natural Gas Hot Water Electric Navigable Water YN N Net Operating Income 278355.00 New Construction YN No Number Of Units Total 0 Operating Expense 576840.00 Operating Expense Includes ElectricHeating/CoolingInsurancePest ControlRepair/MaintenanceSewerTrashWaterSnow Removal Original MLSNumber 803478697574 Owner Pays Accounting/LegalAdvertising/Licenses and PermitsAll UtilitiesTaxes - Personal propertyTaxes - Real EstateSuppliesWaterSewerRepairsPest ControlInsuranceHeatElectricityGas Ownership Interest Fee Simple Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 1917.00 Tax Lot 84 Vacation Rental YN No Water Source Public Zoning B1

Listing courtesy of The Cornerstone Business Group, Inc.: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Executive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-03T23:50:33.863.
 
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