218 Mill RdWoodstock, VA 22664
- Other commercial real estate
- 7,085 SF
Property Details for 218 Mill Rd
- Year built
- 1988
- Construction
- FRAME
- Lot size
- 1.42 AC
- Property size (Sq ft)
- 7,085 SF
- Property type
- Other commercial real estate
- APN
- 045A2 A 058C
- APU
- 045A2A058C
Description
This exceptional 8,608 square foot multifamily property presents a unique investment opportunity in Woodstock, Virginia. Located on a 1.4-acre lot at 218 Mill Rd, 22664, this former assisted living center boasts 16 large bedrooms and 11+ bathrooms, offering ample space for various uses. Originally designed as an assisted living facility, the property features multiple spacious common areas and well-designed living spaces, making it ideal for a senior living community, treatment facility, shelter, or rehabilitation center. Its strategic location in the Shenandoah Valley, just off Interstate I-81, provides easy access to healthcare facilities, shopping, and recreational amenities. The property is zoned C and was built in 1988. All furniture, furnishings, and equipment are included in the sale price of $1,250,000 ($145.21/sq ft, $78,125/unit). The property's thoughtful layout and existing infrastructure offer significant potential for expansion or the addition of complementary services. This turnkey facility represents a compelling investment opportunity in a desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,930,168
- Hospitality
- $1,768,024
- Educational
- $1,470,975
- Medical
- $1,521,564
- Retail
- $2,288,183
Location Insight
- City
- Woodstock
- County
- Shenandoah
- State
- Virginia
- Latitude
- 38.8872
- Longitude
- -78.4981
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].