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Valley Avenue Commercial Land

2978 VALLEY AVENUE, Winchester, VA 22601

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For Lease

$6,000 /Mo

1.15 acres with income-producing units available for lease.

Type:Rental

Lot size:

0.43 Acres

HighLights

1.15 acres suitable for a 30‑40 car used car lot.
Existing rental income of approximately $4,000.00 per month from 5 units at 2978 Valley Avenue.
Public water and sewer available.
Purchase price of $1,350,000 for both properties.
Ground lease option available for both properties at $6,000.00 monthly.
Ground lease option for the used car lot only at $3,500.00 monthly.

We can help!

Contact an agent

Paige Manuel

For Lease

$6,000 /Mo

1.15 acres with income-producing units available for lease.

Type:Rental

Lot size:

0.43 Acres

Added:: Oct 24, 2023
Days on Market:: 987
Last Refresh:: Jul 4 at 10:30 am

Property Features for 2978 VALLEY AVENUE

General Information

Standard status: Active
Lot size: 0.43 Acres
Property subtype: Rental

Building Details

Year Built: 1950

We can help!

Contact an agent

Paige Manuel

Listing office Oakcrest Commercial LLC.

Listing date Oct 24, 2023

Source Exitrealty

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 Oakcrest Commercial LLC.

HighLights

1.15 acres suitable for a 30‑40 car used car lot.
Existing rental income of approximately $4,000.00 per month from 5 units at 2978 Valley Avenue.
Public water and sewer available.
Purchase price of $1,350,000 for both properties.
Ground lease option available for both properties at $6,000.00 monthly.
Ground lease option for the used car lot only at $3,500.00 monthly.

Overview

This 1.15-acre property, located at 2970 and 2978 Valley Avenue, features a former used car lot with space to display 30 to 40 cars. Public water and sewer are available. The property at 2978 Valley Avenue includes 5 rental units, generating approximately $4,000.00 in gross monthly revenue. The properties can be ground leased for $6,000.00 monthly, or the former used car lot alone can be ground leased for $3,500.00 monthly. Note that the used car lot does not have an office building; one would need to be built or a mobile office utilized.

Property Profile Location Intelligence

Current Use by Public Records

Parking lots & garages

Suggested Use

Similar Places Nearby

Penske Truck Rental — 2350 Legge Blvd, Winchester, VA 22601
Truck Rental Center at The Home Depot — 2350 Legge Blvd, Winchester, VA 22601
Gsc Management Ii — 1933 Abrams Creek Dr, Winchester, VA 22601
U-Haul Neighborhood Dealer — 2258 Valley Ave, Winchester, VA 22601
U-Haul Neighborhood Dealer — 2222 Wilson Blvd, Winchester, VA 22601

Location Insight

Map
Local Demand

City: Winchester
County: Frederick
State: Virginia
Longitude: -78.189003
Latitude: 39.1458317

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For lease
Parking lots & garages
VA
Winchester
22601
2978 VALLEY AVENUE

What type of property is this?

Parking lot & garage - 1.15 acres with income-producing units available for lease.

Where is this parking lot & garage located?

The property is located at 2978 VALLEY AVENUE Winchester, VA.

What is the lease rate?

The lease rate is $6,000 /Mo.

What are key features of this property?

This property features: 1.15 acres suitable for a 30‑40 car used car lot.; Existing rental income of approximately $4,000.00 per month from 5 units at 2978 Valley Avenue.; Public water and sewer available.

2978 VALLEY AVENUE, Winchester, VA 22601

1.15 acres with income-producing units available for lease.

Property Features for 2978 VALLEY AVENUE

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Lease

Downtown Office Suites in Historic Building

All-Brick Office Suite with Lobby

Carpeted Office Lease Space

Renovation-Ready Office Spaces

Renovation-Ready Office Lease

Renovated Winchester Commercial Lease Opportunity

Office Building with Multiple Suites

Office Suite with Reception

Three-Room Office Suite

Professional Office Suite with Elevator

Renovated Retail or Office Suite

Prime Old Town Retail Space

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