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590 N Madison Rd - 590 North Madison Road 9.68 Acres of Commercial Land Offered at $1,995,000 in Orange, VA 22960
INVESTMENT HIGHLIGHTS
- 9.683 Acre Parcel,Zoned Commercial
- Ideal for Commercial/Retail Development
- Close proximity to new residential subdivisions
- Located in the Town of Orange, VA
- Situated Across from the area's major shopping center
- Beautiful setting with impressive residence
EXECUTIVE SUMMARY
Located on Route 15 in the Town of Orange, across from the Food Lion anchored Orange Village Shopping Center. Situated on the main commercial corridor in town near newly developed residential subdivisions. Orange Virginia is the home of James Madison's Montpelier, located between Charlottesville and Culpeper. Commercially zoned parcel of land, totaling nearly 10 acres (9.7 ac) on Route 15 in the Town of Orange, VA with an existing 3,000+ SF upscale residence on the property. Ideal location for a retail development with potential for multiple pad sites. Multi-family, apartments and condominiums also allowed by right. This exceptional property would also be perfect for a Bed and Breakfast, Event Center, Small Winery or Farmette. Over 580 ft of frontage on the main commercial corridor through town.
PROPERTY FACTS
| Price | $1,995,000 | Proposed Use | Commercial |
| Sale Type | Investment | Total Lot Size | 9.68 AC |
| No. Lots | 1 | No. Stories | 2 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | C2 - General Commercial | ||
| Price | $1,995,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 9.68 AC |
| No. Stories | 2 |
| Opportunity Zone |
Yes |
| Zoning | C2 - General Commercial |
1 LOT AVAILABLE
Lot 1
| Price | $1,995,000 | Lot Size | 9.68 AC |
| Price Per AC | $206,095.04 |
| Price | $1,995,000 |
| Price Per AC | $206,095.04 |
| Lot Size | 9.68 AC |
Nearly 10 acre commercially zoned lot with great visibility. Located on Route 15 in the Town of Orange, across from Food Lion anchored Orange Village Shopping Center. Situated on the main commercial corridor in town near new residential subdivisions.
DESCRIPTION
Beautiful 3,082 SF residence situated in a nearly 10 acre (9.7 ac)park-like setting in the Town of Orange, VA. Zoned C-2 with tremendous potential for a commercial/retail development. Multi-family, apartments and condominiums allowed by right. Great visibility on Route 15/Madison Road, the main commercial corridor through town. Close proximity to existing retail and newly developed residential subdivisions. Great location for a Bed and Breakfast, Special Events Venue or winery.
Presented by
590 N Madison Rd - 590 North Madison Road
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