USAVAWarsaw5061 Richmond Rd
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$1,875,000

For Sale

11 days ago

5061 Richmond Rd, Warsaw, VA

House

MLS® 2619335

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 11
Lot Size 1.31 Acres
Approx. Age 1970
MLS® Number 2619335

Property Address: 5061 Richmond Rd, Warsaw, VA, 22572-4232

Average square foot calculated using Size range provided by listing agent.

Description

Discover a prime investment opportunity in the heart of Warsaw, Virginia! This meticulously renovated 12, 600 sq. ft. strip center, situated on a 1.31-acre parcel. Listed at $1, 875, 000 with an attractive 7.75% cap rate, this fully occupied commercial property boasts long-term leases, ensuring immediate cash flow and stability for investors. Property Highlights: - Size & Layout: 12, 600 sq. ft. strip center, fully leased with established tenants. - Land: (1.31-acre main parcel + 1.52-acre adjacent parcel available for future development). - Renovations: Completely updated with modern finishes, most HVAC units replaced, and a new roof for low maintenance. - Investment Potential: Strong 7.75% cap rate with long-term leases in place for consistent cash flow, plus the adjacent parcel offers development potential for additional income streams. - Location: Strategically located in Warsaw, VA, with excellent visibility and accessibility. This turnkey property is ideal for investors seeking immediate returns with the added bonus of future development opportunities. Don’t miss out on this rare chance to own a high-performing asset with multiple revenue streams.
MLS® Number2619335
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1970
Basement
Driveway
Garage Spaces
Heat
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 16, 2026List Date
$1,875,000List Price
-End Date
Not Sold YetSold Price

For Sale

May 24, 2025List Date
$2,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
5061 Richmond Rd, Warsaw, VA

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G Giambanco

Listing Agent

G Giambanco

[email protected]
(804) 380-5674
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