NOT in MLS: Commercial / General Business Use Property on the Main Street in Downtown Quantico, VA for only $149,900! That's $300K+ Below Renovated Comps!
319 Potomac Ave. Quantico VA 22134
Sale Price | |
Sale Price: | $149,900 |
Estimate Repairs: | $200,000 |
After repair value: | $450,000 |
Equity Potential: | $100,000 |
Description of Home | |
Type: | Detached Home |
Bedrooms: | 3 |
Bathrooms: | 1 |
Levels: | 3 |
Parking: | Street |
Square Feet Total: | 2749+ |
Lot Size(Acres): | .0631acres |
Sale Comps | |
416 River Rd - Sold - $480,000 | |
335 Potomac Ave - Sold - $450,000 | |
516 Broadway St - Active - $450,000 | |
Additional Information
ATTENTION DEVLEOPERS!! This property has a commercial store front on the main level (appx 2554sqft) and the 2 floors above it in the back have a 3br, 1ba residential unit. The place needs a lot of work done to it. Its zoned B1 (general business), giving you loads of options. Completed, it would be a great property for a restaurant, coffee shop, meeting hall, insurance/real estate/law office, gym, religious center, grocery store, or anything else you can imagine. There is alley access in the back where you could potentially restructure the deck and use the old garage doors that used to work in the back for either taking deliveries or auto work. Utilities already on premises. Commercial properties (NOT including the residential portion of the property) are selling in the area for $450K+, giving you a $300K+ 'spread' to work with. So bring your ideas, build it, and MAKE SOME MONEY!
Disclosures
All information, including figures, are provided in good faith, but are not guaranteed to be accurate. Buyers should conduct their own due diligence. We are not agents and this is not a pocket listing. We are under contract with the title holder and considered principals in the transaction. Anyone attempting to contact the title holder will be viewed as intentional interference with a contract and legal action may be brought against you. Additionally, you will be permanently removed from our mailing list and the mailing list of other major wholesalers in the area.