1.86 Acres Lot
1.86 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID VAWR2015216
Year Built 1956
Annual Tax Amount $2,873
Tax Year 2026
Lot Size 1.860 Acres
Acres 1.86
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Unlock the potential of this rare mixed-use investment offering multiple streams of income on one property. Whether you're an owner-occupant, contractor, mechanic, investor, or entrepreneur, this property provides the flexibility to live, work, and generate rental income all from one location.
The property features three 2-bedroom, 1-bath apartments, with oversized two bay garage below. One apartment is currently vacant, making it ideal for an owner-occupant, while the other two are leased on a month-to-month basis, providing flexibility for future plans. The garages are in high demand and can be rented separately or used for your own business, workshop, or storage.
Additional income potential comes from the on-site storage units, making this an excellent opportunity for investors seeking diversified revenue streams.
Property highlights include:
Three 2-bedroom, 1-bath apartments
Additional storage units for rental income
One vacant apartment ready for immediate occupancy
Two month-to-month tenants for maximum flexibility
Large commercial-style garage/workshop space with two bays
New HVAC system
Electrical updated in 2024 with subpanels in each apartment
Metal roof installed in 2014
Town water
Oil-fired water heater
Central air for the apartments
Newly paved parking lot
Approximately 36' x 87' main building plus additional outbuildings with 4th bay
Perfect for mechanics, contractors, landscapers, tradespeople, or anyone looking for a property that combines residential living with business and investment opportunities. With flexible leasing options and multiple ways to maximize income, properties like this rarely become available.
Location
State VA
County Warren
Zoning A
Interior
Hot Water Oil
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 30.0
Utilities Available Phone Connected
Water Access N
Roof Type Metal
Accessibility None
Total Parking Spaces 30
Garage N
Building
Lot Description Backs to Trees, Road Frontage
Sewer On Site Septic
Water Public
New Construction N
Schools
School District Warren County Public Schools
Others
Tax ID 12-41-B
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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REALTOR® Lic# VA-0225227649 FL-SL3501621