PhilRussell
MLS#2514519
STATUSActive
PROPERTY TYPECommercial - Business
Property 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, is offered as a package deal with an additional 1.52-acre parcel, totaling nearly 3 acres. Listed at $2,300,000 with an attractive 6.5% 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: Combined 2.83 acres (1.31-acre main parcel + 1.52-acre adjacent parcel for future development). - Renovations: Completely updated with modern finishes, most HVAC units replaced, and a new roof for low maintenance. - Investment Potential: Strong 6.5% 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.
Property Features
Property Type: Commercial - Business
Lot Size: 2.83 Acres
Roof Type: Flat
Stories: 1.0
Year Built: 1970
Feature Descriptions
Accessibility: Accessibility Features
Building Features: Multi-Tenant, No Elevators
Days on Site: 282
Lot: Conservation Area, Level
Parcel#: 16A1(4)A1
Topography: Level
Water: Public
Listed By / Shown By
Listed By
Agency Name: Real Broker LLC
Agency Contact: Membership@TheRealBrokerage.com
Shown By
Agent Name: Phil Russell
Agent Phone: Cell: (804) 495-9914
Agency Title: Joyner Fine Properties
These real estate listings were derived from the Central Virginia Regional Multiple Listing Service, LLC, of which this brokerage is an independently owned Participant. The information contained in these listings is deemed reliable but is not guaranteed. All MLS listings are © 2026 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved. No one may copy and/or repost these MLS listings, or any portion thereof, without the written permission of an authorized officer of the Central Virginia Regional Multiple Listing Service, LLC. These listings are refreshed within a minimum of every seven calendar days. Thus, listings may appear here for properties no longer on the market. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing or leasing.
©Joyner Fine Properties - Seller will consider paying buyer agent compensation based upon the terms and conditions of any offer made. Said compensation to be negotiated in the purchase agreement.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
Agency License Information: Joyner Fine Properties and its agents are licensed in the Commonwealth of Virginia.
5061 Richmond Road | MLS# 2514519
This commercial property located at 5061 Richmond Road , Warsaw, VA 22572 is currently listed for sale with an asking price of $2,300,000. Search Warsaw real estate on www.philrussellrealtor.com today.