112 Houston St, Lexington, VA 24450
sale
$995,000
|
Other
Courtesy Of Waldvogel Commercial Properties, Inc.
Two-building investment property in the idyllic college town of Lexington, Virginia. Property features a two-tenant medical office building constructed in 1994, located in a planned development with another medical office and Carilion Rockbridge Community Hospital. This building is fully leased to a well-established dental practice (Suite A) and to an oral surgery practice (Suite B). Also on the property is a residential duplex built around 1922. Both units are rented and professionally managed. This turnkey investment offers stability, diversification, and immediate returns. Do not miss the chance to capitalize on this high-demand market and secure a valuable asset in a sought-after location. Recent capital improvements include resealing, paving, and striping the parking lot (2023) A five ton HVAC unit/duct work (2024), as well as a whole system dehumidifier (2025) have been added to the medical office building's STE B.
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Property Features
- Age: 31-40 Years Old
- Exterior Type: Brick
- Floors: 1
- MLSID: 922097
- Roof Type: Shingle
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