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1202 N Royal Avenue

FRONT ROYAL, VA 22630
  • $999,900
  • STATUS: Active
  • ON SITE: 43 Days
  • ID#: VAWR2009502
UPDATED: 115 min ago
$999,900
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1962
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Opportunity awaits, property includes restaurant and 4 apartments, plus 3 br SFD . Conveniently located in Front Royal in established neighborhood with a high traffic area. If you are looking for an investment opportunity this is it. Tax Map for all properties are as follows- 20A2 450 2, 20A2 450 1, and 20A2 450 1A . All units are currently leased on a month to month basis. Owner pays all utilities for 1202 N Royal Ave, all restaurant equipment is included (with the exception of the walk in cooler). Will require 24hr notice for showing. *Will be subject to 1031 Exchange*.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-07T23:50:31.843.
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1202 N Royal Avenue FRONT ROYAL, VA 22630

  • Price: $999,900
  • Status: Active
  • On Site: 43 Days
  • Updated: 115 min ago
  • ID#: VAWR2009502
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1962
Built
County:
Warren
Elementary School:
E Wilson Morrison
Middle School:
Skyline
High School:
Skyline
School District:
Warren County Public Schools
Property Description
Opportunity awaits, property includes restaurant and 4 apartments, plus 3 br SFD . Conveniently located in Front Royal in established neighborhood with a high traffic area. If you are looking for an investment opportunity this is it. Tax Map for all properties are as follows- 20A2 450 2, 20A2 450 1, and 20A2 450 1A . All units are currently leased on a month to month basis. Owner pays all utilities for 1202 N Royal Ave, all restaurant equipment is included (with the exception of the walk in cooler). Will require 24hr notice for showing. *Will be subject to 1031 Exchange*.
Exterior Features

Construction Materials StuccoBrick FrontVinyl Siding Garage YN No Location Type Urban Parking Types Parking LotOn Street Property Condition Average Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3600.00 Cooling Window Unit(s)Heat Pump(s) Exclusions Cooler Flooring Tile/BrickConcrete Heating Heat Pump(s) Heating YN Yes Inclusions Various restaurant equipment including grill and sandwich tablehood venting system and fire suppression system Net Square Feet 3600.00

Property Features

Acceptable Financing OtherCashConventional Accessibility Features None Central Air YN No Cooling Fuel Electric Cross Street West 12th st Electric Expense 14400.00 Entry Level 1 Gross Income 103200.00 Ground Rent Payment Frequency Annually Heating Fuel Electric Hot Water Electric Lease Considered YN No Navigable Water YN N Net Operating Income 60000.00 New Construction YN No Number Of Units Total 6 Operating Expense Includes ElectricHeating/CoolingInsuranceSewerTrashWater Original MLSNumber 803445232872 Owner Pays All Utilities Ownership Interest Fee Simple Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 2702.00 Tax Lot 1A Total Actual Rent 103200.00 Utilities Above GroundCable TV AvailableElectric AvailablePhone AvailablePropaneSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning C1

Listing courtesy of Key Move Properties, LLC.: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-07T23:50:31.843.
 
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