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406 W Spotswood Trl
Elkton, VA 22827
Retail Property For Sale
Investment Highlights
- Unique Investment Opportunity in the Shenandoah Valley | Elkton, VA
- Current Tenants: Salon, Professional Office, Retail Shop, a Church, Pilates Studio
- 11,916 SF Commercial Property
Executive Summary
Discover a unique investment opportunity in the heart of Elkton! Welcome to The Loading Dock, a versatile 11,916 SF commercial property ideally situated in the Town of Elkton, VA. This well-maintained building has seen numerous updates and is fully leased, making it a prime option for an investor or owner-operator ready to step in and manage. Current tenants include a salon, professional office, a vintage retail shop, a church, and a Pilates studio, offering a diverse and stable income stream. Zoned B-1, this property supports a wide range of commercial uses. Additional highlights include 8 dedicated parking spaces with abundant public parking nearby, ensuring easy access for tenants and customers alike. This is a rare chance to own a prominent income-producing property in a thriving community location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
11,916 SF
Building Class
C
Year Built
1940
Price
$900,000
Price Per SF
$75.53
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.78
Lot Size
0.15 AC
Zoning
B1 - B1 Commercial
Property Taxes
| Parcel Number | 131B1-1-B-22-L18 | Improvements Assessment | $539,000 |
| Land Assessment | $6,500 | Total Assessment | $545,500 |
Property Taxes
Parcel Number
131B1-1-B-22-L18
Land Assessment
$6,500
Improvements Assessment
$539,000
Total Assessment
$545,500
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