Established Retail Shopping
For Sale
Contact for pricing
16618 Mountain Rd, Montpelier, VA 23192
Shopping center with 14 rental units and 73 parking spaces, fully occupied and totaling 13,440 square feet.
Property Size13,440 SF
Lot Size5.60 Acres
Days on Market123
Property Features for 16618 Mountain Rd
General Information
Standard status
Active
Size
13,440 SF
Total Parking Spaces
73
Lot size
5.60 Acres
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
Weichert, Realtors Home Run Realty
Listed By:
Emma Lee Mitchell · License #VA
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 4:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert, Realtors Home Run Realty
Investment Insights
Based on property information with market context.
An established retail shopping center offering 14 rental units and 13,440 square feet of space. The property is described as 100% occupied and includes ample on-site parking with 73 spaces.
The shopping center is located in the business hub of Montpelier and fronts Rt 33/Mountain Road. It sits on 5.6 acres.
The center’s current configuration is comprised of multiple rental units within a single shopping center property, supporting an income-producing setup at full occupancy.
The shopping center is located in the business hub of Montpelier and fronts Rt 33/Mountain Road. It sits on 5.6 acres.
The center’s current configuration is comprised of multiple rental units within a single shopping center property, supporting an income-producing setup at full occupancy.
Key Highlights
- Established shopping center on 5.6 acres fronting Rt 33 / Mountain Road in Montpelier’s business hub
- 13,440 SF shopping center with 14 rental units
- 100% occupied with all 14 rental units currently occupied
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
31k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 66%
Shops & Services 24%
Dining 11%
Food Lion Grocery Store
Groceries
20,103 visits/mo
0.2 miles
Dollar General
Shops & Services
7,202 visits/mo
0.0 miles
SUBWAY
Dining
2,437 visits/mo
0.2 miles
Domino's Pizza
Dining
775 visits/mo
0.2 miles
Demographics for 23192, VA
6,592
Population
2,428
Households
2.7
Avg Household Size
49
Median Age
32%
College-Educated
89%
High-School Grad
68.0 sq mi
ZIP Area
97
Density / Sq Mi
$98,682
Median Household Income
$45,852
Median Earnings
$1,107
Median Rent
$368,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Food Lion, 16615 Mountain Rd, Montpelier, VA 23192
Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center with 14 rental units and 73 parking spaces, fully occupied and totaling 13,440 square feet.
Where is this shopping center located?
The property is located at 16618 Mountain Rd Montpelier, VA.
What are key features of this property?
This property features: Established shopping center on 5.6 acres fronting Rt 33 / Mountain Road in Montpelier’s business hub; 13,440 SF shopping center with 14 rental units; 100% occupied with all 14 rental units currently occupied
