About 1614 North Valley Pike
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! Don’t let this opportunity pass you by!
Features of 1614 North Valley Pike
| MLS® # | 653572 |
|---|---|
| Price | $5,295,000.00 |
| Square Footage | 21,530.00 |
| Acres | 2.35 |
| Type | Commercial |
| Sub-Type | Building |
| Status | Active |
| Zoning | B-1 Commercial |
Community Information
| Address | 1614 North Valley Pike |
|---|---|
| Area | Rockingham |
| City | HARRISONBURG |
| State | Virginia |
| Zip Code | 22802 |
Amenities
| Parking | Private 1-10 Spaces |
|---|
Interior
| Heating | Heat Pump |
|---|---|
| # of Stories | 1 |
Exterior
| Roof | Metal |
|---|---|
| Construction | Steel |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Cottonwood Commercial LLC |
|---|