Listed By:
Wright Realty, Inc.
Address
550 Broadview Avenue, Warrenton, VA
Price
$ 1,975,000
Property Attributes
  • MLS#1000129965
  • TypeCommercial
  • CountyFAUQUIER
  • CityWarrenton
  • Zip20186
  • StyleProfessional,Medical,Religious Facility
  • Year Built1978
  • Taxes$ 19430
  • Price$ 1,975,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15000
  • Lot Size1.36 Acres
Data Source:
Bright MLS
Property Description

Stand out from the crowd with the purchase of this elegant brick fully leased medical office building, complete with a cupola, that includes great visibility and signage off of Route 17 in Warrenton. Originally built for a bank in 1978 and renovated in 1990, this 15,000 sf building offers an ideal investment opportunity. This prestigious property includes three floors (approximately 5,000 sf each) with an elevator and ample parking. 4,300 SF are available for user to occupy. Located across from Warrenton Village Center and Highland School. This property is zoned commercial. See additional documents for PDF Flyer and Floorplans. NOI: $180,881. CAP Rate: 9.16%. GPIN: 6985-10-8106

Price History
2/2/2023 Listed $1,975,000

General Features

Sewer Public Sewer
Heating Other
Cooling Other
Possession Settlement
Zoning CL
Construction Materials Brick
Year Built 1978
Property SubType Office
Tax Year 2022
Current Use Office
Percent Ownership Fee Simple
Cool Fuel Other
Business Type Professional,Medical,Religious Facility
Accessibility Other
County FAUQUIER
Net Operating Income 180880.76
New Construction No
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Possible Use Office,Financial,Church,Medical/Dental
Water Access Y/N No
Status ACTIVE
Directions Across the Street from Highland School.
ModificationTimestamp 2024-03-26T11:24:25
City WARRENTON
Buyer Agent Compensation 3
Lot Size Square Feet 59059.00
Tax Assessed Value 2060200.0
Waterfront Y/N No
Street Name BROADVIEW
Tax Annual Amount 19430.0
Price Per Sq Ft 131.67
Vacation Rental Y/N No
Virtual Tour https://www.youtube.com/watch?v=xdBPyayazQQ
Days on Market 2515
Building Area Units Square Feet
Standard Status Active
Year Built Source Estimated
Cap Rate 9.16
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Other
Hot Water Other
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N No

Exterior Features

Water Source Public
Total Parking Spaces 42
Type of Parking Parking Lot
Lot Size Area 59059
Water View Y/N No
Building Area Total 15000.00
Lot Size Acres 1.36
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N No
Car Parking Spaces 42

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 20186

Price
AVG $610K
$1.98M
Taxes
AVG $9,986
$19,430
Visits
AVG 158
299
Data Provided by Inside Real Estate®
Year Built
AVG 1964
1978
Walkscore
AVG 58
61
Data Provided by Walkscore® not using MLS data

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