• Asking Price $5,295,000

  • 1614 N VALLEY PIKE ROCKINGHAM, VA 22802

  • 21,530 SqFt
  • Commercial / Resale (MLS)
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Property Details for 1614 N VALLEY PIKE, ROCKINGHAM, VA 22802

Features

  • Price/sqft: $245
  • Lot Size: 102453
  • Total Units: 241
  • Stories: 100
  • Roof Type: Metal
  • Heating: Heat Pump
  • Exterior Walls: Metal

Facts

  • Year Built: 01/01/2005
  • Property ID: 888218408
  • MLS Number: 653572
  • Parcel Number: 94-(A)- L134B
  • Property Type: Commercial
  • County: ROCKINGHAM
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Great investment opportunity for an immediate income producing turnkey mini storage facility with consistently high occupancy rates over the past 19+ yrs. Ideal strategic location on North Valley Pike (Rt 11) on the North end of Harrisonburg. Close to JMU, Downtown Harrisonburg, EMU, VMRC, and the Technology Park with easy access to I-81. 241 Units with over 21,500 sq ft +/- (Ambient and climate-controlled units). Development / expansion opportunity with approved Rockingham County site plan for up to 100 additional units adding an extra 6450 sq ft +/- potential. An onsite office with updated security camera system and high-tech rental management and accounting software allowing for minimal time and labor weekly to operate. Great property for a 1031 exchange! Dont let this opportunity pass you by!

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Property Brokerage: Cottonwood Commercial LLC 1960 Evelyn Byrd Ave Harrisonburg VA 22801
Copyright © 2024 Harrisonburg-Rockingham Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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