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600 Augusta Ave, GROTTOES, Virginia – $268,000

  • $268k Price
  • 7,000 Sqft
  • 1.11 Acres
  • 62 DOM
  • $268k Price
  • 7,000 Sqft
  • 1.11 Acres
  • 62 DOM

600 Augusta Ave

7,000 SF building includes separate buildable lot used for parking currently leased to Family Dollar. 8% CAP at list price! Family Dollar has (3) 5 year renewals with 10% rent increases. Gross rent: $25,850/year or $2154/monthly. Landlord responsible for: Roof, structure, major maintenance (any expense over $400), 4 roof top A/C units, mowing, lights, real estate taxes, insurance, parking lot. Tenant is responsible for: Inside minor maintenance, snow removal, and utilities. Landlord expenses average $4,410 per year.

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Essential Information

  • MLS® #598099
  • Price$268,000
  • Square Footage7,000
  • Acres1.11
  • TypeCommercial
  • Sub-TypeBuilding
  • StatusActive

Community Information

  • Address600 Augusta Ave
  • AreaRockingham
  • CityGROTTOES
  • StateVirginia
  • Zip Code24441

Additional Information

  • Date ListedNovember 26th, 2019
  • Days on Market62
  • ZoningB-1 Business General

Listing Details

  • OfficeCottonwood Commercial LLC
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