Court Street Investment Property
137 W. Court Street
Woodstock, VA 22664
- Total Rehab from basement to the roof
- Quality office build out
- Long time tenants with established rental history
- Located in central downtown Woodstock
- Offered for the first time at a 7.44% cap rate
Small "Bite Sized" investment located in downtown Woodstock, VA. Two story brick building has been rehabbed completely to the brick inner walls, everything has been replaced and modernized over the past 10 years. Quality build out throughout the premises. Long established tenants, which both Edward Jones and Vision Products have had multiple lease extensions showing their commitment to this site. Property is located near old Court House, Fire Department and numerous restaurants on Main Street, Add to all this, public parking on adjacent lot and you have a prime site for long term occupancy and security. Property is being offered at a 7% Cap Rate at $435,000. Must see to fully appreciate the pride of ownership that went into this property. Shown by appointment only! Variable rate commission.
Formed in 1772, Shenandoah County is strategically located in the northwestern portion of Virginia, between the Allegheny and Massanutten Mountains, in the heart of the picturesque Shenandoah Valley. The Town of Woodstock has been the county seat for Shenandoah since the county's formation and only 90 miles via Interstate from Washington D.C. This close proximity, yet reasonable distance from urban development, offers a balance of lifestyle. With Interstate 81 as the primary travel source, scenic state route 11 parallels for tourist and local travel. Within the center of Woodstock is Massanutten Military Academy, which draws students and parents as an additional economic source.