
Search Properties
Buy with EXIT
Sell with EXIT
Find an Agent/Office
About
Why EXIT
The Spirit of EXIT
Careers
Offices
Contact Us
11702 Spotswood Trail, Elkton, VA 22827
Share Listing
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
Similar Homes
Similar Home Values
Contact
$400,000
Share Listing
Home Details for 11702 Spotswood Trail
Price
$400,000
Type
Commercial/Industrial
Year Build
2013
Lot Size
1.59
County
Rockingham
MLS®️ Listing#
2520119
On exitrealty.com
127 days
Property Description
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.
Read more
Listing Courtesy: Dudley Resources - 804-709-1954. Presented by: Tim Dudley
Last Updated: 2025-08-10 22:37:40
See average values in the proximity of this property
Median Listing Price
Median Days on EXIT Realty®
Median Square Feet
Market statistics compiled from data from Central Virginia Regional MLS.
See several nearby properties
EXIT REALTY DIGITAL
3601 W Hundred Rd, Suite 9, Chester, VA 23831
See properties nearby this listing
Compare the values of homes nearby
$400,000
Share Listing
EXIT REALTY DIGITAL
3601 W Hundred Rd, Suite 9, Chester, VA 23831