517 N Main Street Edinburg, VA $ 1,200,000
517 N Main Street
$ 1,200,000
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517 N Main Street

Edinburg, VA, 22824
$ 1,200,000
Baths0.0 Sq 11,100

Monthly Estimate*

$ 8,382

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Studio

Commercial Property for sale in Edinburg, VA

for $1,200,000. This 11,100 square foot building was built in 1972 on a lot size of 0.28.

Main building has $6800 month in rental income (with potential for at least $2000 a month more if Square Body Central relocates) Here is a list of what Ive done since I purchased the building: 1)Replaced all of the electrical panels with new upgraded panels 2) Installed a new $45,000 boiler for heat 3) Two new used oil heaters installed 4) new central heat and air conditioning for all of the front offices 5) LED lighting upgrade in every space upstairs and downstairs, each shop, and in the paint booth 6) paint booth repaired and operating 7) rezoned the building from commercial to commercial/residential and built a condo upstairs 8) condo upstairs has its own power meter, and supply from a residential grid. I had the power company put in several power poles and bring power from the town houses down the street.(I have spent more than $80,000 on electrical upgrades) 9) New air compressor install installed 10) hot water installed in the wash bay 11) built a wall to separate Edinburg Corrosion Control and break up the building for multiple rents. 12) built a 26 x 25 mezzanine in the back corner of the shop. 13) there is a brand new mezzanine sitting outside the building, waiting to get installed. It is 15 wide, L-shaped and 45 long per leg. Approximately 1200 sq ft at 200psi per sq ft 14) 45,000 pound lift installed in Edinburg Corrosion Control, and a 12,000 pound lift next to that. 15) Survey done and fence built in back. 16) $100k roof installed on main building by Skyline Roofing 17) $20k new roof on wash bay by Highest Roofing 18) 500 sq ft mezzanine plus another one that is 1600 sq ft that isn't installed at this time. Every light in the main building has been upgraded to LEDs

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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,821

Style

Auto Related,Car Wash/Truck Wash

Lot Size

0.28

Year Built

1972

Town/City

Edinburg

County/Region

Shenandoah

MLS | Web ID

VASH2008268

Features
Interior
Heating Fuel Electric Oil Renewable Central
Hot Water Electric
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
Total Restrooms 4
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General
Sewer Public Sewer
Heating Heat Pump - Oil BackUp
Cooling Ductless/Mini-Split Central A/C
Utilities Phone Available
Possession Settlement
Zoning COMMERCIAL
Construction Materials Block
Year Built 1972
Property SubType Services
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Auto Related Car Wash/Truck Wash Other
Accessibility Level Entry - Main
County SHENANDOAH
New Construction N
Property Type Commercial Sale
Possible Use Automotive Car Wash Mixed Use Office Parking Professional Service Residential
Water Access Y/N N
Status ACTIVE
Directions Located on the corner of Main St & Edinburg Gap Rd (Town of Edinburg)
City EDINBURG
Buyer Agent Compensation 2.5
Total Units 0
Lot Size Square Feet 12240.00
Waterfront Y/N N
Street Name MAIN
Tax Annual Amount 2821.0
Property Condition Very Good
Price Per Sq Ft 107.99
Historic Y/N N
Vacation Rental Y/N N
Days on Market 24
Standard Status Active
Year Built Source Assessor
Tax Lot 008&009
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 11112.00
Lot Size Acres 0.28
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 30600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 517
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* Excluded Features
List By
The Himes Group, Llc

Broker

wndajo@gmail.com

Email

Affordability Calculator

$8,617
Per Month
97%
3%
0%
Monthly Principal & Interest
$8,382
Monthly Property Taxes
$235
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/8/2024$1,200,000 Listed Price

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517 N Main Street, Edinburg, VA, 22824 is a Commercial Property for sale at $1,200,000 with 11,100 sqft and a lot size of 0.28. 517 N Main Street is a studio with 0.0 baths and was built in 1972. The property's zip code is 22824 which is in Edinburg, VA