251 Gore Gore, VA ^$ 499,900

251 Gore

^$ 499,900

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251 Gore

Gore, VA, 22637

^$ 499,900

Studio Baths0.0 Sq 12,992

Monthly Estimate*

^$ 3,492

Studio

Commercial Property for sale in Gore, VA

for $499,900. This 12,992 square foot building was built in 1934 on a lot size of 3.29.

Unquie opportunity! Historic Gore Elementary School for Sale. Currently leased to a long term tenant, Property has been occupied by a long term tenant that would like to continue leasing. Requires 24 hr notice for showings and Monday through Friday showings in the afternoon. Due to Heppa guidelines some offices will not be available for showings. Please refer to the floorplan. Boiler/Furnace was replaced in 2008. Current revenue is roughly $60k, with your NOI estimated at $56k annual. 2 Bathrooms with individual stalls for multiple persons. Current lease expires December 2025. Lease is renewed every 3 years.

Commercial Contingent

Price

^$ 499,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,495

Style

Day Care Facility,Medical,Recreation,Religious Fac

Lot Size

3.29

Year Built

1934

Town/City

Gore

County/Region

Frederick

MLS | Web ID

VAFV2000046

Features

Interior

Heating Fuel Oil

Flooring Hardwood Laminated

Hot Water Oil

Heating Y/N Y

Central Air Y/N N

Total Restrooms 2

General

Sewer On Site Septic

Heating Hot Water

Cooling Window Unit(s)

Possession Immediate Delay Settlement

Roof Metal

Zoning B2RA

Construction Materials Masonry

Year Built 1934

Property SubType Mixed Use

Tax Year 2022

Percent Ownership Fee Simple

Cool Fuel Electric

Section A

Gross Income 60000.00

Business Type Day Care Facility Medical Recreation Religious Facility School Other

Accessibility Ramp - Main Level

County FREDERICK

Net Operating Income 54000.00

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE UNDER CONTRACT

Directions From Winchester take Route 50 W. approximately 9 miles turn left onto Gore Road and property will be on the left

City GORE

Buyer Agent Compensation 2.5

Total Units 0

Lot Size Square Feet 143312.00

Waterfront Y/N N

Street Name GORE

Tax Annual Amount 1495.0

Property Condition Average

Price Per Sq Ft 38.48

Acceptable Financing Cash Conventional

Lease Considered Y/N N

Vacation Rental Y/N N

Days on Market 984

Standard Status Active Under Contract

Year Built Source Assessor

Tax Lot 52

Buyer Agent Compensation Type % Of Gross

Exterior

Parking Features Paved Parking

Water Source Well

Type of Parking Parking Lot Off Site

Water View Y/N N

Building Area Total 12992.00

Lot Size Acres 3.29

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 68900.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 251

* Excluded Features

List By

Colony Realty

Broker

lillytriplett@colonysells.com

Affordability Calculator

$3,617

Per Month

Monthly Principal & Interest: $3,492
Monthly Property Taxes: $125
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Gore, VA

Average List Price ^$485,633

Percent of Sale Price 3%

About Gore, VA

2,031 Population

21% Since 2002

^$70,951 Median Income

44.88 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
3/5/2024	$499,900		Listed Price

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251 Gore, Gore, VA, 22637 is a Commercial Property for sale at $499,900 with 12,992 sqft and a lot size of 3.29. 251 Gore is a studio with 0.0 baths and was built in 1934. The property's zip code is 22637 which is in Gore, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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251 Gore

Commercial Property for sale in Gore, VA

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