Home Details for 11702 Spotswood Trail

This property is being sold through a virtual auction, Subject to online sale ending 9/9 @ 2:00 PM. List price is opening offer amount and may not reflect the final sales price. Seller is considering pre-auction offers. PRIME COMMERCIAL INVESTMENT OPPORTUNITY This exceptional multi-tenant retail center sits on 1.59 acres along the heavily traveled Spotswood Trail (Route 33) in Elkton, Virginia, strategically positioned near the entrance to Massanutten Resort and Shenandoah Valley attractions. IMMEDIATE INCOME ENHANCEMENT: Current lease portfolio is priced below market standards due to family relationships and tenant service arrangements. Market analysis supports rent increases of 50–200% for select units upon renewal, offering new ownership immediate cash flow improvement without capital investment. Highlights: 6 Buildings Total: 5 currently occupied, 2 vacant with income potential Full Occupancy Potential: $87,528 annually High-Traffic Location BUILDING INVENTORY: Brewery/Retail (917 sq ft) – Built 1942, renovated Coffee Shop (312 sq ft) – Modern with covered porch Retail (344 sq ft) – Shop with porch Food Service (408 sq ft) – Includes hood system Retail (300 sq ft) – VACANT Warehouse (1,404 sq ft) – VACANT, built 2015 ADDITIONAL FEATURES: Food truck lease: $14,400 annually 27 marked parking spaces Covered walkways, pavilion Monument signage Public water/sewer, full utilities B-1 zoning ESTABLISHED TENANT BASE: 5 operating businesses incl. BrewHaHa Brewing, Nutt's About Coffee, and specialty shops. Strong renewal history through 2027. All financials based on current undervalued leases.