Details

Stand out from the crowd with the purchase of this elegant brick office building, complete with a cupola, that includes great visibility and signage off of Route 17 in Warrenton. Originally built for a bank in 1978 and renovated in 1990, this 15,000 sf building offers an ideal opportunity for an owner occupant who is also looking to be an investor or available for use. This prestigious property includes three floors (approximately 5,000 sf each) with an elevator and ample parking. 6,659 SF are available for user to occupy.

Located across from Warrenton Village Center and Highland School, this property is zoned commercial where potential uses could include a medical clinic or a church.

GPIN: 6985-10-8106

Potential NOI: $189,457.52

Potential CAP Rate: 9.52%

Actual NOI: $158.226.70

Actual CAP Rate: 8.01%

Sales Price: $1,975,000 or $131.67 PSF

Map Link

550 Broadview Ave
Warrenton, VA 20186