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Property profile & analytics
OFF-MARKET
Mixed-use properties

103 Washington St Madison, VA 22727

0.64 ac lot Built 1960
Property ID
US87-2984548
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 1960
Lot 0.64 ac (27,878 SF)
UPID US87-2984548
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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