Elkton, VA 22827,11702 SPOTSWOOD TRL
Elkton, VA 22827,11702 SPOTSWOOD TRL
Elkton, VA 22827,11702 SPOTSWOOD TRL
Elkton, VA 22827,11702 SPOTSWOOD TRL
Elkton, VA 22827,11702 SPOTSWOOD TRL
Elkton, VA 22827,11702 SPOTSWOOD TRL
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Listed by Tim O. Dudley • Dudley Auctions Inc
$ 400,000
Est. payment | /mo

1.06 Acres Lot


Save
$ 400,000
Est. payment | /mo
Save

1.06 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID VARO2002462

Year Built 2013

Tax Year 2023

Lot Size 1.060 Acres

Acres 1.06

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Exceptional 3,650 SF retail complex on 1.59 acres along high-traffic Route 33 in Elkton, VA, featuring multiple revenue streams with established tenants and significant upside potential. 5 occupied spaces including craft brewery, coffee shop, retail, and food service tenants, plus food truck lease, with full occupancy potential of $77,934 annually from 2 vacant spaces ready for immediate leasing. The property is located just off the highway near Massanutten Four Seasons Resort main entrance, benefiting from high tourism traffic to Shenandoah National Park and the growing brewery/winery tourism corridor. The buildings include a historic 1942 brewery, modern 2013 retail shops with covered porches commanding premium rents, and 2015 warehouse facility (1,404 SF with 3 roll-up doors) for versatile commercial use with public water/sewer, paved parking, and decorative signage. There is limited competition, and additional development potential on excess land. Rockingham County maintains 2.5% unemployment below state and national averages, supported by a strong local economy encompassing tourism, agriculture, and manufacturing, with proximity to James Madison University, OPENING BID: $400,000, CLOSE: 9/9 @ 2PM. Property sold subject to auction terms and conditions, all measurements and financial information are approximate and should be verified by the buyer.

Location

State VA

County Rockingham

Zoning B1

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Garage Spaces 27.0

Water Access N

Accessibility Level Entry - Main

Total Parking Spaces 27

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Mcgaheysville

Middle Schools Elkton

High Schools Spotswood

School District Rockingham County Public Schools

Others

Tax ID 129 6 2

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Financing Cash,Other

Special Listing Condition Auction

Bright MLS (BMLS)
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11702 SPOTSWOOD TRL