Active

12302 James Madison Pkwy

King George VA, 22485

$1,070,000


$1,123.95 per sqft

Active

952 sqft

Commercial

Built in 1960

5 Acre Commercial property zoned C-2. Achievable gross yearly income $141,000 (Trailer pad rentals 10 spaces $60,000 and Retail 9 units $81,800). Currently being used for Commercial retail and Trailer Park. Located on 4 Lane US Highway Route 301 (James Madison Pkwy) with a traffic count of over 14,000. The front 9 office/Retail units can rent to a long list of businesses. Rear of the property currently has 10 trailer land leases.

VAKG2003658

MLS ID

July 3, 2023

Listed

November 22, 2024

Updated

Map

12302 James Madison Pkwy
King George VA, 22485

Interior Features

Appliances

Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s), Window Unit(s)


Heating

Yes


Heating Description

Heat Pump, Electric

Exterior/Building Features

Lot Size

5 Acres


Sewer

Septic Tank

Other Property Details

Taxes

$3,768


Tax Frequency

Annually


Days on Market

392


Garage

No


Parking Total

30


View

No


County

KING GEORGE


Water Source

Well, Private


Pool

No


Zoning

The intent of this district is to recognize existing commercial and/or service trade uses within the county.

Listing History

Date

Event

Price

8/23/2024

Active

5/21/2024

Under contract

3/8/2024

Price change

$1,070,000

-15%

Listed by Samson Properties
Listing Contact: 2404136252 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Bright MLS, Inc. all rights reserved.

Data last updated on 11/22/2024 at 2:02 AM UTC

Powered byLuxury Presence