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Key Details
Sold Price $1,018,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 4,664 sqft
Price per Sqft $218
Subdivision None Available
MLS Listing ID VAMN2000017
Sold Date 12/15/21
Originating Board BRIGHT
Year Built 1971
Annual Tax Amount $12,750
Tax Year 2021
Lot Size 9,060 Sqft
Acres 0.21
Property Description
Fully leased, income-producing investment opportunity of a free-standing low-rise medical office building next to the Novant Health UVA Prince William Hospital in Manassas. Current lease in place through 12/31/2028 with a ten (10) year option at market rent. Currently occupied by a successful surgical pathology lab analyzing gastroenterology tissue biopsies, this 4,664 SF free-standing building offers a modern and professional layout with a reception desk, waiting area, open conference room, large open lab area, and several workrooms. The interior was extensively remodeled in 2017 and there are multiple windowed offices for the management and administration of the business. The roof was replaced in 2019 and the building offers four restrooms, storage areas, several exterior direct entrance doors, and 14 reserved parking spaces alongside and behind the building. There is a partial second floor with a separate entrance that has windows on three sides offering outstanding visibility. This is a high-traffic area of Manassas just off Route 234/Sudley Rd with excellent proximity to the Hospital and numerous associated medical support businesses nearby. Immediate income is provided by a current, long-term lease with stable medical laboratory practice. Sale is of real property only and subject to terms of the existing lease.
Location
State VA
County Manassas City
Zoning B1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 14.0
Water Access N
Accessibility None
Total Parking Spaces 14
Garage N
Building
Lot Description Cul-de-sac, No Thru Street
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Manassas City Public Schools
Others
Tax ID 112010016M
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Stephen M Karbelk • CENTURY 21 Commercial New Millennium