101 Elm Ave
Retail-Commercial
for Sale
| Catylist Listing ID: |
30831646 |
| Property Subtypes: |
Restaurant, Other
|
| Building Size (RSF): |
1,434 SF
|
| Sale Price: |
$219,000 |
| Unit Price: |
$152.72 PSF |
| Property Use Type: |
Business |
| Usable Size (USF): |
1,434 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/31/2023 |
Overview / Comments
|
This commercial space is directly across the street from the Louisa Courthouse and is one block off Main Street in the heart of the Town of Louisa. This commercial building was most recently used as a commercial bakery but has many potential uses. It is the perfect size for a restaurant, coffee shop, retail space, or even could be converted to office space. Lots of possibilities at a great price.
|
Current Tenants
| Tenant Business Name |
Biscuit Batch |
| Is Renting? |
Yes |
| Current Rent |
$1,500 PSF (Annual) |
| Options |
One, 6 months |
| Tenant Notes |
Bakery |
Additional Details
| Nearest MSA: |
Charlottesville |
| County: |
Louisa |
| Taxing Authority: |
Louisa |
| Tax ID/APN: |
40A1 1 58 |
| Zoning: |
COMMERCIAL (TOWN) |
| Retail Clientele: |
General, Business |
| Property Located Between: |
Louisa Courthouse and Wells Fargo Bank |
| Property Visibility: |
Good |
| Largest Nearby Street: |
Main Street |
| Highway Access: |
Fronts Elm Street |
| Airports: |
Louisa/IDA 3 Miles |
| Area Description: |
Historic Area of Downtown Louisa |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Renovated: |
2013 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick/Vinyl Siding |
| Exterior Description: |
Brick front and one side. Vinyl on one side and rear. Sits on a concrete slab. |
| Parking Type: |
Other |
| Parking Description: |
This property has no parking on site. There is plenty of public parking within one block. Wells Fargo Bank has allowed employee parking in the rear. |
| Heat Type: |
Electricity |
| Heat Source: |
Heat Pump |
| Internet Access: |
Cable |
| Interior Description: |
As you enter the building there is a customer area in front. This area is about 500 sq feet and could be used for serving customers in a restaurant. The remainder of the building is a larger kitchen/work area (previously a bakery). |
| Zoning Description: |
Commercial, Town. Allows many commercial uses. |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Christine Y Pak |
| Legal Description: |
As described in Deed Book 1327, Page 848, currently taxed as TM # 40A1-1-58. |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
3,093 |
5,754 |
| Median Age: |
41.81 |
40.58 |
| Households: |
1,279 |
2,270 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Charlottesville Area Association of REALTORS nor
Moody's assume any liability for errors or omissions.
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