301 West St Culpeper, VA 22701
- Office Properties & Spaces
- 4,044 SF
- 0.48 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 301 West St
- Year built
- 1952
- Lot size
- 0.48 lot acres
- Property size
- 4,044 SF
- Property type
- Office Properties & Spaces
Description
This exceptional 4,044 square foot office building, situated on a 0.48-acre corner lot in the heart of downtown Culpeper, Virginia, presents a unique investment opportunity. Currently configured as a well-maintained professional office space, its history as an apartment building offers significant redevelopment potential. The property boasts generous off-street parking, a highly desirable feature in this vibrant commercial district. Its central location places it within easy reach of the city's judicial and government sectors, making it ideal for a variety of professional uses. The property's two lots provide the added benefit of allowing for the construction of another similar structure, significantly increasing its overall value and potential return on investment. This prime downtown location, combined with the flexibility of its existing structure and the potential for future development, makes this a truly exceptional offering. The building's excellent condition and its strategic placement within a bustling commercial area ensure strong potential for both immediate income generation and long-term appreciation. The two lots offer significant expansion possibilities, allowing for future growth and adaptation to changing market demands. This property represents a rare opportunity to acquire a well-established asset with substantial upside potential in a thriving downtown setting. The combination of location, size, and development potential makes this a truly compelling investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Culpeper
- County
- Culpeper
- State
- Virginia
- Longitude
- -77.9981
- Latitude
- 38.4722
