PROPERTY FOR SALE

*This Property has been SOLD*
(Please call the Agent to view other properties in the area)

Major Price Reduction: Professional/Medical Services/Retail Space
Near Lake Monticello Offered For Sale at Less than $36/SF!

18 & 19 Centre Court
Palmyra, VA

Year Built: 1998
Gross Building Area SF: 5002
Acreage: 0.325
Price: $179,000
Municipality: Fluvanna County
Zoning: B-1 Click here for Permitted Uses.
Primary Use: Medical
Secondary Uses: Office, Retail, Restaurant
  • Two Commercial Units in the Lake Centre Professional Park near Lake Monticello Sold as One Offering
  • Ideal for Medical or Professional Services Office, or for Retail User
  • 19 Centre Court is a 4117 sf Commercial Unit; 18 Centre Court is a 885 sf Commercial Unit
  • Visible Main Road Signage plus Large Shopping Center Signage
  • The 19 Centre Court Retail Unit Features a Roll-up Door,¬†Storage Area and¬†Multiple Entrances
  • Ample On-Site Parking
  • B-1 Zoning
  • Click here for the Floor Plan (the 885 sf space is the portion with the cross-hatch)
  • Click here for the Survey (see the section “0.325 Acre Lease Lot “A”)
  • IMPORTANT – PLEASE NOTE: This is a Bank Owned Sale of a GROUND LEASE AND THE IMPROVEMENTS THEREON, the “Subject Property”. Sale is subject to approval of Lessor. According to documentation provided to the Broker the Ground Lease is a 99 year lease with a commencement date of 8/24/1998; the monthly rent for the first year of the ground lease was $1,000 with annual increases in rent based upon a CPI formula. The Subject Property has upon it 2 commercial units (the improvements) which, apparently, have limited rights of assignment in whole or in part. Potential Purchasers and Tenants are advised that information contained in this offering is believed to be accurate but Broker cannot guarantee that.
Contact: Bob Kahn, CCIM at 434 245-5050.
Email: bob@bobkahnrealty.com
Directions: From Charlottesville take 250 east to right on Rt 616 (Union Mills Rd) to right on Rt 600 to right on Slice Rd to right on Centre Ct. Proceed to 19 Centre Court.