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New Market Feed & Hardware Inc. 129 W Old Cross Rd

11,365 SF Vacant Retail Building New Market, VA 22844 $995,000 ($88/SF)

Investment Highlights

  • Major Price Reduction
  • Scrape the site or repurpose 11,366 sf building for your opportunity
  • Historic downtown draws business to the market
  • Rare development opportunity at I-81 interchange, Exit #264
  • Strong tourist traffic corridor

Executive Summary

Interstate I-81, Exit #264, Historic New Market! 1.45 acres of land for commercial redevelopment to be used as C-stores, hotel, restaurant, medical or other commercial uses. Use the existing 11,366 Sq. Ft. for repurposing for many business opportunities. Large showroom with warehouse for storage along with plenty of on-site parking along with municipal parking on the east edge of the property. Excellent road frontage, property is located between two lighted intersections for maximum visual impact along the highly trafficked tourist route to the Shenandoah River excursions, Shenvalee Golf Resort, Luray Caverns, Shenandoah Caverns, Civil War Museum and other tourist attractions. Join local neighbors such as Quality Inn, John Henry General Store, McDonald's, Subway, Dunkin Donuts, Liberty and Shell C-stores. Come to the Shenandoah Valley for the Opportunity, stay for the Hospitality!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
11,365 SF
Building Class
C
Year Built
1961
Price
$995,000
Price Per SF
$88
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.18
Lot Size
1.45 AC
Zoning
Commercial

Nearby Major Retailers

Truist
Blimpie

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
103A206-001
Land Assessment
$473,700
Improvements Assessment
$298,000
Total Assessment
$771,700
  • Listing ID: 32110327

  • Date on Market: 6/12/2024

  • Last Updated:

  • Address: 129 W Old Cross Rd, New Market, VA 22844

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