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644 Berry's Ferry Road 644 Berrys Ferry Rd

8,509 SF 41% Leased Retail Building White Post, VA 22663 $399,500 ($47/SF)

Investment Highlights

  • Investment Opportunity
  • Garage is currently vacant
  • Immediate Income from Rentals

Executive Summary

This property consists of 1.67 acres, more or less, improved by a
4,000 SF storage warehouse featuring 5 overhead garage doors. The lease income
proforma for the 4,000 SF is estimated to be $6.00 per SF or $24,000.00 annually. There
is a heated auto and truck repair garage with 1,300 SF which features two hydraulic lifts,
an air compressor, LP gas heat, a restroom, a private office and work bench. The potential
lease income for the repair garage Is $1,500.00 monthly. The repair garage is presently
vacant. There is a modest two-bedroom cottage which Is leased for $450.00
monthly. There is public water and a septic system.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,509 SF
Building Class
B
Year Built
1950
Price
$399,500
Price Per SF
$47
Percent Leased
41%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Land Acres
1.20 AC
Zoning
IL

About 644 Berrys Ferry Rd , White Post, VA 22663

This property consists of 1.67 acres, more or less, improved by a 4,000 SF storage warehouse featuring 5 overhead garage doors. The lease income proforma for the 4,000 SF is estimated to be $6.00 per SF or $24,000.00 annually. There is a heated auto and truck repair garage with 1,300 SF which features two hydraulic lifts, an air compressor, LP gas heat, a restroom, a private office and work bench. The potential lease income for the repair garage Is $1,500.00 monthly. The repair garage is presently vacant. There is a modest two-bedroom cottage which Is leased for $450.00 monthly. There is public water and a septic system.

  • Listing ID: 18195519

  • Date on Market: 1/15/2020

  • Last Updated:

  • Address: 644 Berrys Ferry Rd, White Post, VA 22663

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