12018 LEE HWY, SPERRYVILLE,VA 22740

$1,600,000

12018 LEE HWY, SPERRYVILLE, Virginia 22740 - $1,600,000

4.12 Acre
Marketed by Virginia Estates

For More Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Description

Don’t miss this opportunity to own the iconic Schoolhouse building in the heart of Sperryville, VA. Over 50 years since last listed! This prime location at the corner of Routes 211 and 522 is currently home to a charming southern fare restaurant, vocational school, wine shop, art galleries and more. The historical Sperryville School was built in 1905 and sold by the School Board in 1968 when the new Rappahannock County High School was completed. The building then found new life as the Sperryville Emporium and became the largest business in Sperryville in the 1970s and 1980s. Prime location, 13,000+ sq. ft. commercial building, Thornton River frontage, generous parking lot. This property is truly one of a kind, in beautiful and desirable Rappahannock County. Current annual rental income, when fully occupied is $180,600.00. Recent improvements include a 50KW solar array, new Weill McClain boiler, and complete exterior paint job. The current solar array roughly reduces the building’s utility cost by $10,000 per year. Lease information, profit and loss statements and utility information can be provided to qualified buyers.

For More Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Details
Basic Details
Property Type : Land
Price : $1,600,000
Year Built : 1908
Lot : 4.12 Acre
Status : Active

For More Information Call (434) 981-5923 or email rick@virginiaestates.com

Features
: Radiator, Heat pump(s), Zoned, Solar on grid
: Zoned, Solar on grid, Central a/c, Multi Units
: Monitored, Surveillance sys
: Paved parking

For More Information Call (434) 981-5923 or email rick@virginiaestates.com

Address Map
US
VA
Shenandoah Valley
RAPPAHANNOCK
SPERRYVILLE
22740
W79° 46' 29.8''
N38° 39' 29.3''

For More Information Call (434) 981-5923 or email rick@virginiaestates.com

Additional Details
13,410 Sq.Ft
: Highway Commercial
: Premium, Stream/creek, Road Frontage
N
: Settlement
Public Sewer
: Private
$0
Keller Williams Realty/Lee Beaver & Assoc.
7033302222
119.31
2022
8878
: Metal
VARP2001114
% Of Gross
3% Of Gross
N

For More Information Call (434) 981-5923 or email rick@virginiaestates.com

For More Information Call (434) 981-5923 or email rick@virginiaestates.com

    For Immediate Personal Service from a Local Agent

     

    Call (434) 981-5923

    Email rick@virginiaestates.com

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