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Kate Lucas

katelucasrealestate@gmail.com +1(804) 400-3063

$ 1,150,000

Est. payment -/mo

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Active

218 MILL RD Woodstock, VA 22664

8,608 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Building

Listing Status Active

Purchase Type For Sale

Square Footage 8,608 sqft

Price per Sqft $133

MLS Listing ID 647948

Construction Status Resale

HOA Y/N No

Year Built 1988

Annual Tax Amount $6,060

Tax Year 2023

Lot Size 1.400 Acres

Acres 1.4

Property Sub-Type Building

Property Description

Below Tax Assessment! Almost $375,000 BELOW Tax assessment! Prime Investment Opportunity – Former assisted living facility strategically located in the beautiful Shenandoah Valley in Woodstock, VA just off Interstate I-81. This exceptional property offers a unique opportunity for investors and operators to establish a thriving senior living community, assisted living facility, Senior or Child Day care, private school, church, dentist, shelter, apartments (SUP), physical rehab facility, professional office space, retail store, Animal Hospital (Vet Clinic), motel, restaurant or similar type business. Centrally located with easy access to healthcare facilities, shopping centers, and recreational amenities. Originally designed for assisted living with over 8600 sqft +/- layout, 16 large bedrooms (up to 32 residents), 11+ bathrooms, multiple spacious common areas, and well-designed living spaces perfect for a premier senior living community or commercial business. Potential for expansion of 8+ more rooms (16 additional residents) or the addition of complementary services, including memory care, physical rehabilitation, or specialized healthcare. Turn-key facility, all furniture, furnishings and equipment convey with purchase.

Location

State VA

County Shenandoah

Zoning C Commercial

Direction I-81 to Exit #283, Right on VA 42 North / West Reservoir Rd, Left onto Main St, 1.8 miles and Right onto Mill Rd, 0.1 mile, property on the right.

Interior

Heating Heat Pump, Propane

Cooling Central Air

Flooring Other

Fireplace No

Exterior

Parking Features Private, Three or more Spaces

Fence None

Water Access Desc Connected,Public

Roof Type Composition,Shingle

Street Surface Paved

Building

Foundation Basement

Sewer Connected

Water Connected, Public

Construction Status Resale

Others

Tax ID 045A2 A 0586

Security Features Fire Alarm,Fire Sprinkler System

Listed by Cottonwood Commercial LLC