Property
Front Royal, VA 22630 1202 N Royal Avenue
$750,000
30 more
Presented By: Key Move Properties, LLC.
Disclaimer: The information contained in this listing has not been verified by Jhony Leyva | Your Local REALTOR® and should be verified by the buyer.
SQFT • 3,600
Home Details
Opportunity awaits, property includes restaurant and 4 apartments . Conveniently located in Front Royal in established neighborhood with a high traffic area. If you are looking for an investment opportunity this is it. Tax Map for all properties are as follows- 20A2 450 2, 20A2 450 1 . All units are currently leased on a month to month basis. Owner pays all utilities for 1202 N Royal Ave, all restaurant equipment is included (with the exception of the walk in cooler). Will require 24hr notice for showing. *Will be subject to 1031 Exchange*. .
Presented By: Key Move Properties, LLC.
Interior Features for 1202 N Royal Avenue
Bathrooms
Total Restrooms6
Other Interior Features
Central Air Y/NNo
FlooringTile/Brick, Concrete
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Total Stories2
Other Rooms
Entry Level1
General for 1202 N Royal Avenue
Acceptable FinancingOther, Cash, Conventional, Exchange
AccessibilityNone
Association Recreation FeeN
Business TypeApartment Building, Restaurant/Bar
CityFRONT ROYAL
Construction MaterialsStucco, Brick Front, Vinyl Siding
Cool FuelElectric
CoolingWindow Unit(s), Heat Pump(s)
CountyWARREN
DirectionsFrom 522/66 Follow 522/ N Shenandoah Ave into Front Royal turn left at light onto 14th street passing Melting Pot Pizza on right hand side, 14th street turns into North Royal Ave. Property is just pas
DisclosuresLead Based Paint - Federal, Lead Based Paint - State, Under Lease
Electric Expense14400.00
ExclusionsCooler
Fuel Expense4800.00
Gross Income103200.00
HeatingHeat Pump(s)
Lease Considered Y/NNo
Location TypeUrban
Lot Size Square Feet7800.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-03-10T12:09:03
Net Operating Income60000.00
New ConstructionNo
Number Of Units Total5
OwnerPaysAll Utilities
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG208.33
Property ConditionAverage
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseInvestment
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount2702.0
Tax Assessed Value649100.0
Tax Lot1
Tax Year2022
Total Actual Rent103200.00
UtilitiesAbove Ground, Cable TV Available, Electric Available, Phone Available, Propane, Sewer Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1962
Year Built SourceEstimated
ZoningC1
Exterior for 1202 N Royal Avenue
Building Area Total3600.00
Car Parking Spaces10
Fencing Y/NN
InclusionsVarious restaurant equipment including grill and sandwich table, hood venting system and fire suppression system
Land Use Code1
Lot Size Acres0.18
Lot Size SourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces10
Type of ParkingParking Lot, On Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Jhony Leyva
Realtor
Similar Properties to 1202 N Royal Avenue
YOUR VISION. MY MISSION. A PERFECT HOME
homes@jhonyleyva.com
Phone
571.247.7543
Office
1440 Central Park Blvd Suite 210, Fredericksburg, VA 22401
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