11702 SPOTSWOOD TRL, ELKTON,VA 22827

$400,000

11702 SPOTSWOOD TRL, ELKTON, Virginia 22827 - $400,000

1.06 Acre
Marketed by Virginia Estates

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

Property Description

Exceptional 3,650 SF retail complex on 1.59 acres along high-traffic Route 33 in Elkton, VA, featuring multiple revenue streams with established tenants and significant upside potential. 5 occupied spaces including craft brewery, coffee shop, retail, and food service tenants, plus food truck lease, with full occupancy potential of $77,934 annually from 2 vacant spaces ready for immediate leasing. The property is located just off the highway near Massanutten Four Seasons Resort main entrance, benefiting from high tourism traffic to Shenandoah National Park and the growing brewery/winery tourism corridor. The buildings include a historic 1942 brewery, modern 2013 retail shops with covered porches commanding premium rents, and 2015 warehouse facility (1,404 SF with 3 roll-up doors) for versatile commercial use with public water/sewer, paved parking, and decorative signage. There is limited competition, and additional development potential on excess land. Rockingham County maintains 2.5% unemployment below state and national averages, supported by a strong local economy encompassing tourism, agriculture, and manufacturing, with proximity to James Madison University, OPENING BID: $400,000, CLOSE: 9/9 @ 2PM. Property sold subject to auction terms and conditions, all measurements and financial information are approximate and should be verified by the buyer.

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

Property Details
Basic Details
Property Type : Land
Price : $400,000
Year Built : 2013
Lot : 1.06 Acre
Status : Active

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

Features
: Other
: Other

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

Address Map
US
VA
Shenandoah Valley
ROCKINGHAM
ELKTON
22827
W79° 17' 40.4''
N38° 23' 8.9''

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

Additional Details
: B1
N
: Other
Public Sewer
: Public
$0
2023

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

    For Immediate Personal Service from a Local Agent

     

    Call (434) 409-4056

    deidre@virginiaestates.com







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    For immediate response contact Deidre Carpenter 434-409-4056, deidre@virginiaestates.com.
    Virginia Estates uses MLS data from Charlottesville Area Association of Realtors, Richmond Association of Realtors, Chesapeake Bay & Rivers Association, and Bright MLS to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. Virginia Estates has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website. Dudley Auctions Inc represents the interest of the seller 7576511729 VARO2002462. What is IDX? According to IDXBroker.com, IDX (Internet Data Exchange) allows agents and brokers to access and display MLS listing information on their real estate websites. Also known as Broker Reciprocity, the term "IDX" refers to the software, rules and regulations which allow MLS data to show on your site. This data feed typically encompasses the listing data for properties entered into the MLS system, while IDX rules may determine where, what, and how it is displayed.
    For buyer representation by Virginia Estates contact Deidre Carpenter 434-409-4056, deidre@virginiaestates.com.