629 Mineral AveMineral, VA 23117

  • Other commercial real estate
  • 1,150 SF
For Sale
$299,777 View listing

Property Details for 629 Mineral Ave

Property size (Sq ft)
1,150 SF
Property type
Other commercial real estate
APN
43B2 298 17
APU
43B229817

Description

This exceptional 1,150 square foot commercial property, located at 629 Mineral Avenue in Mineral, Virginia, presents a unique investment opportunity. Situated on three combined Mineral Town lots (17-19), this versatile space offers significant potential for a variety of uses. Currently zoned commercial, it's ideally suited for a local business or office space, or even a blend of residential and commercial use. The property boasts a recently completed renovation, including brand new plumbing and electrical systems, a modern kitchen, and a substantial addition. This comprehensive update ensures a move-in ready condition for any prospective tenant or owner. The flexible layout allows for either a two-bedroom residential configuration or a three-office commercial setup, providing adaptability to suit diverse needs. Ample off-road parking is available, with seven or more spaces accommodating employees or clients. The property's location in Mineral, VA, offers convenient access to local amenities and transportation routes. This turnkey property is priced at $299,777 and represents an excellent value in the current market. Don't miss this chance to acquire a meticulously updated and versatile commercial space with significant upside potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $313,295
    Hospitality
    $286,976
    Educational
    $238,761
    Medical
    $246,972
    Retail
    $371,406
629 Mineral Ave, Mineral, Virginia

Location Insight

City
Mineral
County
Louisa
State
Virginia
Latitude
38.0045
Longitude
-77.9091
CBSA code
40060
CBSA name
RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$453
$35,000
$31,600
$66,600
-
$35,000
$31,600
$66,600

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