351 Old Wright Shop Madison Heights, VA ^$ 490,000

351 Old Wright Shop

^$ 490,000

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351 Old Wright Shop

Madison Heights, VA, 24572

^$ 490,000

Studio Baths0.0 Sq 7,212

Monthly Estimate*

^$ 3,257

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Studio

Commercial Property for sale in Madison Heights, VA

for $490,000. This 7,212 square foot building was built in 1959 on a lot size of 0.579.

This large commercial building is in the process of being completely updates and in the final phase of construction. Once completed, all spaces will be white walled with the following new updates; insulation, drywall, electrical, plumbing, HVAC, windows and doors. The exterior will be fully painted professionally along with a resurfacing of the parking lot. Once complete this building will be ready for all sorts of new business concepts. A total of 4-5 units available all different sizes as well as a partial unfinished basement with ample storage.

Commercial Active

Price

^$ 490,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,535

Style

Commercial/Indust

Lot Size

0.579

Year Built

1959

Town/City

Madison Heights

County/Region

Amherst

MLS | Web ID

352684

Features

General

Sewer County

Cooling Heat Pump

HOA 0.00

Year Built 1959

Property SubType Commercial/Indust

County Amherst

Property Type Commercial/Indust

Close Price 0.00

Status Active

Directions 351 Old Wright Shop Road in Madison Heights.

City Madison Heights

MLS Area Amherst

Lot Size Units Acres

Lot Size Square Feet 25221.00

Availability Date 1800-01-01

Days on Market 22

Lease Type Net

Legal Description MAPLE LAWN (STORE)

Interior

Flooring Other

3/4 Baths 0

Exterior

Water Source County

Total Parking 0.00

Number of Buildings 0

Lot Size Acres 0.5790

Lot Size Source (Public Records)

Road Frontage Type Paved State Road Two Lane

Internal Only

Street Number 1 351

* Excluded Features

List By

Josh Allen

Listing Agent

Priority One Properties

Broker

jallen.p1p@gmail.com

Affordability Calculator

$3,385

Per Month

Monthly Principal & Interest: $3,257
Monthly Property Taxes: $128
Monthly Home Insurance: --

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Down Payment

Loan Term

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 Madison Heights, VA

Average List Price ^$422,250

Percent of Sale Price 14%

About Madison Heights, VA

11,060 Population

-3% Since 2002

^$39,066 Median Income

43.01 Median Age

24% 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
6/20/2024	$490,000	-0.99%	Price Down
6/12/2024	$494,900	-1.00%	Price Down
6/1/2024	$499,900		Listed Price

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351 Old Wright Shop, Madison Heights, VA, 24572 is a Commercial Property for sale at $490,000 with 7,212 sqft and a lot size of 0.579. 351 Old Wright Shop is a studio with 0.0 baths and was built in 1959. The property's zip code is 24572 which is in Madison Heights, 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 6/25/2024.

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351 Old Wright Shop

Commercial Property for sale in Madison Heights, VA

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