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!

Contact Person:

Greg Norman


Scan/Email contract to:

Greg@RealityREI.com

Door Directions

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.