124-138 Cedar Gate Road Monroe, VA ^$ 299,000

124-138 Cedar Gate Road

^$ 299,000

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124-138 Cedar Gate Road

Monroe, VA, 24574

^$ 299,000

Studio Baths0.0 Sq 4,424

Monthly Estimate*

^$ 1,987

124-138 Cedar Gate Road, Monroe, VA 24574 - Image 1

Studio

Commercial Property for sale in Monroe, VA

for $299,000. This 4,424 square foot building was built in 1924 on a lot size of 2.2.

This property consists of two tax parcels being 124 & 138 Cedar Gate Rd. and is located at a highly visible location on Rt. 29 in Monroe, VA. Ideal for redevelopment, these parcels are zoned for a wide variety of uses including Medical, Office, Retail Stores, Day Care, Car Wash, Brewery, & many others. A cut through, deceleration lane, & turn in from Rt. 29 allows for easy access. Public water & septic system. Potential for rezone for use as single family residential or Duplex use. Parcels are available separately or as a whole.

Commercial Active

Price

^$ 299,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 443

Style

Commercial/Indust

Lot Size

2.2

Year Built

1924

Town/City

Monroe

County/Region

Amherst

MLS | Web ID

348328

Features

General

Sewer Septic Tank

Zoning B2

HOA 0.00

Year Built 1924

Property SubType Commercial/Indust

County Amherst

Property Type Commercial/Indust

Close Price 0.00

Status Active

Directions Rt. 29 North towards Amherst just past the Monroe Post Office on the left.

City Monroe

MLS Area Amherst

Lot Size Square Feet 95832.00

Street Name Cedar Gate

Availability Date 1800-01-01

Days on Market 249

Lease Type Net

Legal Description LOT & HOUSE ADJ METHODIST PARS

Interior

Flooring Other

3/4 Baths 0

Street Suffix Road

Exterior

Water Source County

Total Parking 0.00

Number of Buildings 0

Lot Size Acres 2.2000

Lot Size Units Acres

Lot Size Source (Public Records)

Road Frontage Type State Road

Internal Only

Street Number 1 124

* Excluded Features

List By

Luke Dykeman

Listing Agent

Coldwell Banker Commercial Rea

Broker

lukedykeman@realestatelynchburg.com

Affordability Calculator

$2,024

Per Month

Monthly Principal & Interest: $1,987
Monthly Property Taxes: $37
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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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Nearby

Trends
Schools

Commerical listings in Monroe, VA

Average List Price ^$274,450

Percent of Sale Price 8%

About Monroe, VA

3,994 Population

3% Since 2002

^$57,223 Median Income

44.73 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2091853 Elementary School

2091817 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/21/2023	$199,000		Listed Price

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124-138 Cedar Gate Road, Monroe, VA, 24574 is a Commercial Property for sale at $299,000 with 4,424 sqft and a lot size of 2.2. 124-138 Cedar Gate Road is a studio with 0.0 baths and was built in 1924. The property's zip code is 24574 which is in Monroe, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Lynchburg Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the REALTORS Association of the Muscle Shoals Area, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/30/2024.

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124-138 Cedar Gate Road

Commercial Property for sale in Monroe, VA

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