9267 Kings Hwy
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9267 Kings Hwy
1,751 SF Office Building King George, VA 22485 $409,000 ($234/SF) 9.70% Cap Rate
Investment Highlights
- Great Visibility from the main road on Rt3
- Meets all of today codes
- Newly renovated
- wheelchair accessible
Executive Summary
Zoned C-2 which is good for community center, church, Micro Brewery and Distillery, construction material sales, consumer repair services, Daycare, Farmers Market, Financial Institution, Funeral Home, Garden Center/Greenhouse, Gas Station, Kennel, Office, Outdoor sales/seasonal, Self Storage facility, Car sales/Service, Veterinary hospital/clinic, Drive Through window, Solar Energy, Mobile Restaurant and Restaurant. Prime location right on Rt 3 in King George Virginia. High Visibility. This newly renovated building offers to a new business 7 office spaces, kitchenette, 2 bathrooms, Conference Room and lobby. The finished space is equal to 1751 finished space. The building has been brought up to current codes for fire safety and all electrical and plumbing. Nice flooring, fresh paint and new bathrooms as well. Everything is in great condition. High exposure for a business or office space. Owners also would be interested in renting it out or rent to own. This is a great opportunity to own your space for your business. Nice location for an office, Real Estate, day care, and more. This is a very nice opportunity in King George. Owners would also consider renting for $4000 a month. Neighbor property is also for sale which would make a very nice purchase for both to maximize your return.
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Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Building Size
1,751 SF
Building Class
C
Year Built/Renovated
1946/2024
Price
$409,000
Price Per SF
$234
Cap Rate
9.70%
NOI
$39,673
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,020 SF
Building FAR
0.10
Lot Size
0.40 AC
Zoning
C-2 - C-2, General Commercial. The intent of this district is to recognize existing commercial and/or service trade uses within the County.
Amenities
- 24 Hour Access
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PROPERTY TAXES
| Parcel Number | 24-56G | Improvements Assessment | $59,300 |
| Land Assessment | $122,000 | Total Assessment | $181,300 |
PROPERTY TAXES
Parcel Number
24-56G
Land Assessment
$122,000
Improvements Assessment
$59,300
Total Assessment
$181,300
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Presented by
Montague Properties Real Estate with eXp Realty
9267 Kings Hwy
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