211 TANNERY RD, Luray, VA 22835
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211 TANNERY RD, Luray, VA 22835
211 TANNERY RD, Luray, VA 22835
211 TANNERY RD, Luray, VA 22835
211 TANNERY RD, Luray, VA 22835
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Listed by Brad Cohen • Connexa Real Estate
$ 874,900
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211 TANNERY RD Luray, VA 22835

1.55 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID VAPA2007010

Year Built 2007

Annual Tax Amount $6,378

Tax Year 2022

Lot Size 1.552 Acres

Acres 1.55

Property Sub-Type Industrial

Source BRIGHT

Property Description

Zoned M1 and situated on 1.55 acres, this 13,400 sq. ft. small-bay industrial/flex property offers a compelling opportunity for investors, contractors, automotive users, trades, or an owner-occupant looking to operate their business while generating rental income from the remaining space. The property is configured with seven large front units plus two rear garages measuring approximately 15' x 50' each. Units A and B are approximately 40' x 50' with 13' ceilings, two overhead doors measuring approximately 10' and 12', and private bathrooms with sink and toilet, plus plumbing in place for a water heater and shower. Unit C offers front and rear 8' garage doors, approximately 10' ceilings, and a similarly equipped bathroom. Units D-G feature approximately 8' ceilings, 7' garage doors, and private bathrooms with plumbing for additional improvements. Each primary unit is well insulated, separately metered for electricity, and equipped with its own 5-ton HVAC system. The two rear garages include gas wall heaters. A separate storage building is also included. The property currently generates approximately $3,790 per month in rental income while the owner occupies two of the units, creating an immediate combination of income and usable space. For an investor, the existing rents also present a potential value-add opportunity, with pro forma rents indicating meaningful upside as leases are repositioned toward current market levels. With flexible M1 zoning, multiple individually usable bays, separate utilities, existing income, owner-user potential, and additional land that may allow for future expansion, 211 Tannery Road is well positioned for a wide range of commercial users and investors.

Location

State VA

County Page

Zoning M1

Interior

Hot Water None

Heating Heat Pump(s)

Cooling Other, Central A/C, Heat Pump(s)

Flooring Concrete

Heat Source Electric

Exterior

Garage Spaces 24.0

Utilities Available Water Available, Sewer Available

Water Access N

Roof Type Metal

Accessibility None

Total Parking Spaces 24

Garage N

Building

Lot Description Cleared

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Page County Public Schools

Others

Tax ID 42A410 8A

Ownership Fee Simple

Security Features Exterior Cameras

Acceptable Financing Cash, Conventional, Bank Portfolio, Negotiable

Listing Terms Cash, Conventional, Bank Portfolio, Negotiable

Financing Cash,Conventional,Bank Portfolio,Negotiable

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Ashira Barbosa

Ashira Barbosa

Team Leader, Realtor License ID: 639689

+1(410) 530-8390

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