For Sale
$1,995,000

119 Madison RdOrange, VA 22960

Prime retail investment, 12 tenants.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity encompasses a portfolio of five buildings totaling 40,802 square feet situated on a 1.94-acre lot in the heart of downtown Orange, Virginia. The property consists of twelve leasable spaces, currently boasting 100% occupancy with long-term tenants, providing immediate cash flow. The buildings are zoned for commercial use and strategically located near major transportation arteries, offering easy access to Charlottesville, Richmond, and Washington, D.C. The portfolio includes a mix of bank and storefront spaces, presenting a unique blend of established businesses and potential for future growth. This sale/leaseback opportunity is ideal for investors seeking a stable, high-occupancy asset in a thriving small-town market. The property's prime location and strong tenant base make it an attractive investment with significant potential for long-term appreciation. The individual building sizes vary, offering flexibility for future development or expansion. This is a rare chance to acquire a substantial commercial property in a desirable location with a proven track record of success. The portfolio's diverse tenant mix ensures a resilient income stream, making it a compelling investment for both seasoned and emerging investors. Don't miss this chance to own a piece of downtown Orange, Virginia. The asking price is $1,995,000.

Highlights

  • Five-building portfolio totaling 40,802 square feet on a 1.94-acre lot.
  • Building sizes vary: 10,560 SF, 16,500 SF, 7,040 SF, 2,202 SF, and 4,500 SF.
  • 100% occupancy with long-term tenants, providing immediate cash flow.
  • Prime downtown Orange, VA location near major transportation arteries.
  • Potential for value-add opportunities.

Property Details for 119 Madison Rd

Property type
Retail properties, Retail space
Square Feet
40,802 SF
Buildings
5
Lot Size (sq. ft)
84,506 SF

Location Insight

City
Orange
County
Orange
State
Virginia
Latitude
38.2464448
Longitude
-78.1115915
119 Madison Rd, Orange, Virginia

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119 Madison Rd
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