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517 N Main Street

EDINBURG, VA 22824
  • $1,200,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: VASH2008268
UPDATED: 120 min ago
$1,200,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1972
County:

School Ratings & Info

Description

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 panels2) Installed a new $45,000 boiler for heat3) Two new used oil heaters installed4) new central heat and air conditioning for all of the front offices5) LED lighting upgrade in every space upstairs and downstairs, each shop, and in the paint booth6) paint booth repaired and operating7) rezoned the building from commercial to commercial/residential and built a condo upstairs8) 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 installed10) hot water installed in the wash bay11) 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 ft14) 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 Roofing17) $20k new roof on wash bay by Highest Roofing18) 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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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Capital Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-19T18:55:30.
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517 N Main Street EDINBURG, VA 22824

  • Price: $1,200,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 120 min ago
  • ID#: VASH2008268
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1972
Built
County:
Shenandoah
School District:
Shenandoah County Public Schools
Property Description
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 panels2) Installed a new $45,000 boiler for heat3) Two new used oil heaters installed4) new central heat and air conditioning for all of the front offices5) LED lighting upgrade in every space upstairs and downstairs, each shop, and in the paint booth6) paint booth repaired and operating7) rezoned the building from commercial to commercial/residential and built a condo upstairs8) 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 installed10) hot water installed in the wash bay11) 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 ft14) 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 Roofing17) $20k new roof on wash bay by Highest Roofing18) 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
Exterior Features

Construction Materials Block Garage YN No Parking Types Parking Lot Property Condition Very Good Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 11112.00 Cooling Ductless/Mini-SplitCentral A/C Heating Heat Pump - Oil BackUp Heating YN Yes Net Square Feet 11100.00

Property Features

Accessibility Features Level Entry - Main Central Air YN Yes Cooling Fuel Electric Heating Fuel ElectricOilRenewableCentral Historic YN No Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Total 0 Operating Expense Includes ElectricHeating/CoolingInsuranceSewerWaterTrash Original MLSNumber 802976583512 Owner Pays WaterSewerHeatElectricityAll UtilitiesAir Conditioning Ownership Interest Fee Simple Property Sub Type Services Sale Type Standard Sewer Public Sewer Tax Annual Amount 2821.00 Tax Lot 008&009 Utilities Phone Available Vacation Rental YN No Water Source Public Zoning COMMERCIAL

Listing courtesy of The Himes Group, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Capital Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-19T18:55:30.
 
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