323 Madine way - Prime US 220 Development Lot
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323 Madine way - Prime US 220 Development Lot
0.78 Acres of Commercial Land Offered at $195,000 in Fincastle, VA 24090
Investment Highlights
- Lot Fronts 3 Streets - US 220, S Roanoke Road and Madine Way
- B-1 Proposed Rezoning
- Excellent Visibility from US 220
Executive Summary
This property is being sold for commercial development. The property will need rezoning from the Town of Fincastle. Current zoning is A-1. The most reasonable zoning is B-1. "The intent of B-1 is to provide for local and neighborhood shopping where retail and personal service business interests as well as for occupations of a professional nature. This District is not intended for intensive traffic generators, nor for activities which would disturb nearby residential uses." This lot has long frontage and an existing curb cut on US 220 (Roanoke Road) as well as on Madine Way and sits at the corner of US 220 and S Roanoke Street. The US Post office is directly across
S Roanoke Street and the Fincastle Fire Department is located directly across US 220. Public water and sewer to site as well as natural gas. The Town of Fincastle Enhancement Corridor Overlay District applies.
S Roanoke Street and the Fincastle Fire Department is located directly across US 220. Public water and sewer to site as well as natural gas. The Town of Fincastle Enhancement Corridor Overlay District applies.
Property Facts
| Price | $195,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.78 AC |
| Property Type | Land |
| Price | $195,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.78 AC |
1 Lot Available
Lot
| Price | $195,000 | Lot Size | 0.78 AC |
| Price Per AC | $250,000 |
| Price | $195,000 |
| Price Per AC | $250,000 |
| Lot Size | 0.78 AC |
Good frontage on US 220 with an existing curb cut as well as frontage on S Roanoke Street and long frontage on Madine Way. Public water and sewer available as well as natural gas. Great visibility on high traffic US 220.
zoning
| Zoning Code | Now A-1 | Proposed B-1 (Rezoning to B-1 will be supported by current owner.) |
| Now A-1 | Proposed B-1 (Rezoning to B-1 will be supported by current owner.) |
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323 Madine way - Prime US 220 Development Lot
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