400 W Gordon Ave

Retail-Commercial for Sale
Catylist Listing ID: 30806443
Building Size (RSF): 5,500 SF
Gross Land Area: 0.25 Acres
Sale Price: $709,000
Unit Price: $128.91 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/5/2022

Overview / Comments

Investment opportunity. Fully leased, retail/office building with 5 tenants. Brick and stucco construction with a metal roof, newly sealed parking lot. 6% CAP.

Additional Details

Nearest MSA: Charlottesville
County: Orange
Taxing Authority: Town of Gordonsville & Orange County
Tax ID/APN: 06800-00-00-00380
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: US-15 and US-33
Feet of Frontage: 72
Highway Access: I-64 via US-15 S - 12 mi
Airports: Charlottesville Airport - 20 mi; Gordonsville Municipal Airport - 2 mi
Area Description: In the Historic Town of Gordonsville, VA. Located next to the Food lion Shopping Center. Excellent visibility with high traffic count.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1997
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Brick and Stucco Exterior
Parking Type: Surface
Parking Description: Asphalt, 4000 sf area
Heat Type: Electricity
Heat Source: Heat Pump
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 68-38 Graves

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,176 6,056
Median Age: 48.02 43.65
Households: 496 2,382


Photograph of Listing Agent

William L. Howard, CCIM

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