103 Washington St Madison, VA 22727
This exceptional investment opportunity presents a unique portfolio of four income-generating buildings situated on a 0.64-acre lot in the vibrant town of Madison, Virginia. The property boasts a diverse tenant mix, including a thriving restaurant, a well-established hair salon, and a reputable auto mechanic shop, ensuring consistent cash flow. In addition to the commercial spaces, the property also includes a two-story residential building featuring two apartments and a single-family home, all currently leased. This diversified portfolio provides a robust and resilient income stream, with a reported annual gross income of $100,000. The property's location in Madison offers excellent visibility and accessibility, attracting a steady stream of customers for the commercial tenants and providing a desirable living environment for the residential occupants. This turnkey investment is ideal for an experienced investor seeking a stable and high-yielding portfolio with significant upside potential. The property is offered at $1,300,000, representing a compelling opportunity to acquire a well-established and profitable multi-use property in a thriving Virginia market. The square footage of each building is not currently available, but the total annual income provides a strong indicator of the property's value and potential. This is a rare chance to acquire a diverse and established income-producing property in a desirable location. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.