For Sale
$325,000

509 Spotswood Trl Elkton, VA 22827

High-visibility antique store & apartment.

Overview

Added:
Feb 3
Days on market:
83
This exceptional Elkton investment opportunity boasts a thriving antique/thrift store on the main level, enjoying prime visibility and ample parking on Spotswood Trail. The store currently lacks HVAC. Upstairs, a spacious 1265 square foot residential apartment offers significant rental potential. This apartment features three bedrooms, one full bathroom, a kitchen, dining area, and an office. Convenient inside and outside access points enhance its appeal. The property sits on a sizable 0.29-acre lot, encompassing four town lots, presenting a multitude of development possibilities for the savvy investor. The 4,378 square foot building offers a unique blend of commercial and residential space, creating a versatile and potentially lucrative investment. The asking price is $325,000. The substantial lot size and existing structures provide a solid foundation for future expansion or redevelopment, making this an attractive proposition for those seeking a high-return investment in a vibrant town center location. The current business operation provides immediate income potential, while the residential unit offers additional revenue streams. This property is ready for a new owner to capitalize on its existing strengths and unlock its considerable future potential.

Property Details for 509 Spotswood Trl

Property type
Commercial real estate
Square Feet
4,378 SF
Lot Size (sq. ft)
12,632 SF

Location Insight

City
Elkton
County
Rockingham
State
Virginia
Latitude
38.35635
Longitude
-78.5379

FAQs

What type of property is this?
Commercial real estate - High-visibility antique store & apartment.
Where is the commercial real estate located?
The property is located at 509 Spotswood Trl Elkton, VA.
What is the asking price?
The asking price for this property is $325,000.
How can I contact the broker?
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509 Spotswood Trl
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