USAVABroadway175 N Central St
175 N Central St, Home with 0 bedrooms, 0 bathrooms and null parking in BROADWAY VA | Image 1
175 N Central St, Home with 0 bedrooms, 0 bathrooms and null parking in BROADWAY VA | Image 4
175 N Central St, Home with 0 bedrooms, 0 bathrooms and null parking in BROADWAY VA | Image 5
175 N Central St, Home with 0 bedrooms, 0 bathrooms and null parking in BROADWAY VA | Image 6
175 N Central St, Home with 0 bedrooms, 0 bathrooms and null parking in BROADWAY VA | Image 7
175 N Central St, Home with 0 bedrooms, 0 bathrooms and null parking in BROADWAY VA | Image 8
175 N Central St, Home with 0 bedrooms, 0 bathrooms and null parking in BROADWAY VA | Image 9
175 N Central St, Home with 0 bedrooms, 0 bathrooms and null parking in BROADWAY VA | Image 10
175 N Central St, Home with 0 bedrooms, 0 bathrooms and null parking in BROADWAY VA | Image 11
175 N Central St, Home with 0 bedrooms, 0 bathrooms and null parking in BROADWAY VA | Image 12
175 N Central St, Home with 0 bedrooms, 0 bathrooms and null parking in BROADWAY VA | Image 13
175 N Central St, Home with 0 bedrooms, 0 bathrooms and null parking in BROADWAY VA | Image 14
175 N Central St, Home with 0 bedrooms, 0 bathrooms and null parking in BROADWAY VA | Image 15
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$630,000

Added 3 months ago

175 N Central St, Broadway, VA

Real Estate

For Sale

Listed price in listed location currency (USD).
$630,000

Added 3 months ago

00-0
  • Key Facts
  • Description
  • Map

Key Facts

Type Building
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $2,270
Days Active 80
Approx. Age 2021
MLS® Number 663386

Property Address: 175 N Central St, BROADWAY, Virginia

Average square foot calculated using Size range provided by listing agent.

Description

Originally built in 2021 as a 6 Bay Garage w/12' x 12' overhead doors, "Broadway Bays" is a 4, 800 sq ft bldg, strategically located one block from Downtown & 13 miles north of Harrisonburg. Restaurant Buildout & HVAC upgrade completed in 2022 along w/flooring & mechanics to support current tenant (has EXCELLENT rental history), w/a 5year lease that ends Jun 30, 2027. 2% rent bumps every 12 mos. W/lease intakes as scheduled: 2024=$51, 922.08 2025=$52, 960.50 2026=$54, 019.68 2027=$27, 277.26 (Jan - Jun) Property is centrally located w/easy access to residential & commercial districts. Tenant's business is pivotal in Broadway's community & well known throughout the Central Shenandoah Valley. Broadway’s population of 4255 has a median age of 37 & median household income of $62, 123 (2022), up from $57, 878 (2020). Known for its bucolic scenery, the area industries focus on manufacturing, retail, & an attractive destination for those seeking to enjoy the countryside. Broadway had a population of 4, 255 in 2022 & is growing at a rate of 0.98% annually & its population has increased by 4.03% since the most recent Census. 2024 OWNER EXPENSES *Rockingham Taxes 2269.84 *Broadway Taxes 333.80 *Insurance 660.00 *HVAC 84.00
MLS® Number663386
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2021
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric, Forced Air
A/CCentral Air, Ductless
Heating Fuel

Extras

175 N Central St, Broadway, VA

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