1401 Hopeman Pkwy, WAYNESBORO, 22980

REDUCED 3% Commercial - Building

$1,450,000

Beds
Baths
21,003Sqft
5.4Acres
1972Built
75DOM
MLS® #: 601610
Active, 75 Days on Market

Mattias Clymer

REALTOR®

  • Office 540-434-2400
  • Cell 540-246-9067
Questions?

Property includes building on 3.141 acres, plus two additional parcels behind building, one 1.099 acres and one 1.160 acres, for a total of 5.4 acres. Lease space includes 4400 SF of office, 4600 SF for woodworking shop, and 12,300 SF of additional warehouse space with 3 dock height doors and 1 drive in door. The building was built in 1972 to house Bank Design and Equipment, and they have operated from this location since. This is a sale/leaseback, and the Sellers/tenants are looking for a five year lease with renewal options at $10,000 per month NNN. 8% cap rate. Property is located in the 100 year flood plain.

Price & Status History

Date Details
Price Reduced from $1,500,000 to $1,450,000

Essential Information

MLS® #: 601610
Price: $1,450,000
Square Footage: 21,003
Acres: 5.40
Year Built: 1972
Type: Commercial
Sub-Type: Building
Status: Active

Community Information

Address: 1401 Hopeman Pkwy
State: Virginia
Zip Code: 22980

Interior

# of Stories: 1

Additional Information

Date Listed: March 18th, 2020
Days on Market: 75
Zoning: H-I Heavy Industrial
Listing Office: OLD DOMINION REALTY INC - AUGUSTA
Listing Agent: Mike Odonnell

Listing Details

Listing Office: OLD DOMINION REALTY INC - AUGUSTA

Financials

$/SqFt: $69

Neighborhood Information for 1401 Hopeman Pkwy

High Residential Turnover

  • Lows

    • January 20.80℉
    • July 60.90℉
  • rain icon

    Precipitation

    • 38.85"
  • Highs

    • January 40.50℉
    • July 83.30℉

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