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1640 Lee Hwy - Augusta Military Academy (Conference Center) 41,269 SF Specialty Building Offered at $6,950,000 in Verona, VA 24482
Executive Summary
This is your opportunity to own a former historic Virginian Military Academy.
Originally established as the Augusta Military Academy in 1868. This 46-acre campus is currently operating as a versatile conference and training center and is priced for less than $7 million. The possibilities could be endless.
Located halfway between New York and Atlanta and just 15 minutes from Shenandoah Valley Regional Airport (6,000-foot runway), the property features over 65,000 square feet of renovated facilities across nine buildings, including a 12,000-square-foot conference center, barracks that serve as overnight accommodations or apartments, and a full commercial kitchen and cafeteria.
An additional 51,000+ square feet of unrenovated, solid concrete construction provides exceptional redevelopment potential for hospitality, education, retreats, institutional, residential, or mixed-use opportunities.
For additional information, contact David Lee at (540) 820-1422.
Showings are by appointment only. Access to the property is restricted, and only qualified buyers will be permitted on the premises.
Originally established as the Augusta Military Academy in 1868. This 46-acre campus is currently operating as a versatile conference and training center and is priced for less than $7 million. The possibilities could be endless.
Located halfway between New York and Atlanta and just 15 minutes from Shenandoah Valley Regional Airport (6,000-foot runway), the property features over 65,000 square feet of renovated facilities across nine buildings, including a 12,000-square-foot conference center, barracks that serve as overnight accommodations or apartments, and a full commercial kitchen and cafeteria.
An additional 51,000+ square feet of unrenovated, solid concrete construction provides exceptional redevelopment potential for hospitality, education, retreats, institutional, residential, or mixed-use opportunities.
For additional information, contact David Lee at (540) 820-1422.
Showings are by appointment only. Access to the property is restricted, and only qualified buyers will be permitted on the premises.
Property Facts
| Price | $6,950,000 | Lot Size | 46.00 AC |
| Price Per SF | $168.41 | Building Size | 41,269 SF |
| Sale Type | Investment or Owner User | No. Stories | 4 |
| Property Type | Specialty | Year Built | 1909 |
| Building Class | B | ||
| Zoning | GENERAL AG - Currently zoned for Conference Center | ||
| Price | $6,950,000 |
| Price Per SF | $168.41 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 46.00 AC |
| Building Size | 41,269 SF |
| No. Stories | 4 |
| Year Built | 1909 |
| Zoning | GENERAL AG - Currently zoned for Conference Center |
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Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 037-9E | Improvements Assessment | $541,800 |
| Land Assessment | $299,800 | Total Assessment | $841,600 |
Property Taxes
Parcel Number
037-9E
Land Assessment
$299,800
Improvements Assessment
$541,800
Total Assessment
$841,600
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1640 Lee Hwy - Augusta Military Academy (Conference Center)