385 Waugh Blvd Orange, VA 22960
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Prime Orange, VA investment; 35,034 sq ft.
Property size:
35,034 SFProperty Features for 385 Waugh Blvd
General Information
- Property type
- Individual retail properties
- Square Feet
- 35,034 SF
- Lot Size
- 176,810 SF
Building Details
- Year Built/Renovated
- 1947/1997
- Buildings
- 7
- Stories
- 2
Listing Agency: Jack Samuels Realty, Inc. Listing Agent: Donna Waugh-Robinson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Exceptional mixed-use investment opportunity in Orange, Virginia, currently offered below appraised value. This property encompasses a substantial 4.059-acre corner lot zoned for Town Activity Center use, allowing for diverse development possibilities. The offering includes six buildings, a pavilion, and a separate house, totaling 35,034 square feet of space. Ample parking is available on-site for convenience. A significant portion of the property (30,832 sq ft) is currently under a triple-net lease expiring January 30, 2025, which is assumable by the new owner. The remaining portion consists of a 2,822 sq ft residence with a full basement, four bedrooms, and three full baths, along with a 480 sq ft detached garage. The property comprises two parcels (tax map # 44-111 and # 44-113A) and is being sold as a whole. Previous Phase 1 and 2 Environmental Site Assessments are available upon request. This presents a unique chance to acquire a substantial, below-market-value property with significant upside potential in a desirable Virginia location. The buildings were constructed in 1947 and renovated in 1997. The property features a total of seven buildings across two stories, with 100 parking spaces.
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Location Insight
- Map
- Local Demand
- City
- Orange
- County
- Orange
- State
- Virginia
- Longitude
- -78.09696849
- Latitude
- 38.24299465
Nearby Similar for Sale
FAQs
What type of property is this?
Individual retail property - Prime Orange, VA investment; 35,034 sq ft.
Where is this individual retail property located?
The property is located at 385 Waugh Blvd Orange, VA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Below-appraised value investment opportunity in Orange, VA.; 4.059-acre corner lot in Orange, VA, with Town Activity Center zoning, allowing mixed-use development.; Seven buildings (six commercial, one residential) and a pavilion totaling 35,034 square feet.