1160 Jordan Springs Road
Stephenson, VA 22656
MLS #FV10052487

    Est. P&I payment: $12030.87/mo
    Description for 1160 Jordan Springs Road, Stephenson, VA 22656
    Historic Jordan Springs. Currently leases to highly profitable Wedding Venue business (10 years). This sale includes everything needed to continue this business; existing bookings may be negotiable. Owner will lease back majority of 2nd floor for their unrelated business. Leases in place for 3 other buildings. 27 acres total. !0 acres zoned B-2 (business/commercial). Full commercial kitchen
    MLS #FV10052487
    Tour This Property In Person
    Request a Showing

    My Notes for MLS #FV10052487

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Office,​Salon,​Parking,​Restaurant,​Hotel/Motel
    • Comm Industrial Misc: Meeting Rooms,​Private Office,​Reception Area
    • Zoning Code: RAB2

    Exterior Features

    • Exterior: Brick,​Stone
    • Stories: 4
    • Lot Area Acre: 27
    • Lot Size Area: 1,176,120
    • Water Front: N
    • Parking Included In List Price: Y
    • Parking: Faces Rear,​Faces Side,​Gravel Driveway,​Asphalt Driveway
    • Parking Space Number: 100+

    Interior Features

    • Gross SQFT: 38,124
    • Net SQFT: 38,124

    Utilities Features

    • Sewer Septic: Public Sewer
    • Water: Well

    Financial Features

    • Price Per Square Foot: 83
    • Total Taxes: 11,110.2
    • Total Taxes Payment Freq: Annually
    • County Tax: 11,110.2
    • County Tax Payment Freq: Annually
    • Tax Year: 2017
    • Improvement Assessment Amount: 1,209,400
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 642,300
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 1,851,700
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2017
    • Gross Income: 256,000
    • Monthly Gross Rent: 21,333
    • Rental Net Operating Income: 183,000
    • Property Net Operating Income: 183,000
    • Additional Income Sources: Apartment Rentals,​Professional Offices,​Shop rentals
    • Owner Pays: Other,​Repairs and Maintenance
    • Present Licenses: Beer/Wine,​Food,​Liquor,​Other
    • Seller Desires: Cash,​Sell/Lease Back
    • Rental Year: 2016
    • Expenses: 73,000
    • Rent Special Terms: Seller will lease back a portion of the main building for one year. That rental income would be enough to service The other four leases are month-to-month and include a beauty parlor,​ law offices,​ two apartments. The current NOI will service the entire debt at 80% LTV. Call agent for all financial details. CALL FOR A ELECTRONIC BROCHURE NOW

    Community Features

    Misc Features

    • Property Condition: Restored,​Shows Well
    • Year Built: 1893
    • Occupied: Yes
    • Vacancy Factor: 30
    • Tenancy: Month-to-Month Lease(s),​1 Year Lease(s)
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No
    • Tenant Rights: Tenant - Original Lease Expired
    • Present Use: Commercial,​Hunting,​Office,​Spa,​Restaurant


    Street View Not Available
    The listing information for 1160 Jordan Springs Road, Stephenson, VA 22656 was graciously provided by our friends at the listing brokerage, United Real Estate Great Falls

    Get Financing for 1160 Jordan Springs Road, Stephenson, VA 22656

    ($ or %)
    P&I Payment $12030.87
    Request More Listing Information
    Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Heritage Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Heritage Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
    © 2018 Metropolitan Regional Information Systems (MRIS).
    MRIS is the source of the listing information and listings are provided by various brokerages who participate in the MRIS IDX program. Listings provided by brokerages other than the owner of this website show the listing brokerage on the listing details page. This website is not an MLS nor does it represent the full data set of the MRIS Multiple Listing Service (MLS).
    Last Updated 04/26/2018 at 1:03am
    Agent Login    |    Powered by Onjax
    Create Free Account or
    Bryan Garcia
    By using our site, users agree
    to the terms and privacy policy
    Equal Housing Opportunity Realtor MLS
    Sign-In or