$1,200,000

517 N Main St, Edinburg, 22824

MLS Number: Vash2008268
Standard Status: Active
Main building has $6800 month in rental income (with potential for at least $2000 a month more if Square Body Central relocates) Here is a list of what I’ve done since I purchased the building: 1)Replaced all of the electrical panels with new upgraded panels 2) Installed a new $45,000 boiler for heat 3) Two new used oil heaters installed 4) new central heat and air conditioning for all of the front offices 5) LED lighting upgrade in every space upstairs and downstairs, each shop, and in the paint booth 6) paint booth repaired and operating 7) rezoned the building from commercial to commercial/residential and built a condo upstairs 8) condo upstairs has its own power meter, and supply from a residential grid. I had the power company put in several power poles and bring power from the town houses down the street.(I have spent more than $80,000 on electrical upgrades) 9) New air compressor install installed 10) hot water installed in the wash bay 11) built a wall to separate Edinburg Corrosion Control and break up the building for multiple rents. 12) built a 26 x 25 mezzanine in the back corner of the shop. 13) there is a brand new mezzanine sitting outside the building, waiting to get installed. It is 15’ wide, L-shaped and 45’ long per leg. Approximately 1200 sq ft at 200psi per sq ft 14) 45,000 pound lift installed in Edinburg Corrosion Control, and a 12,000 pound lift next to that. 15) Survey done and fence built in back. 16) $100k roof installed on main building by Skyline Roofing 17) $20k new roof on wash bay by Highest Roofing 18) 500 sq ft mezzanine plus another one that is 1600 sq ft that isn't installed at this time. Every light in the main building has been upgraded to LEDs

Contact Mike McCarthy

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Exterior Features

Construction Materials
Block

Interior Features

Heating
Heat Pump - Oil Backup
Heating Fuel
Electric, oil, renewable, central
Cooling
Ductless/mini-split, central A/c
Hot Water
Electric

Additional Details

Acres
0.28
Year Built
1972
New Construction
No
Property Type
Commercial Sale
County
Shenandoah

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