commercial

25 W Nelson St, Lexington Va 24450
  • $1,200,000
  • MLS #:133031


Square Ft:
  • 10,015 finished
  • 0.00 unfinished
Neighborhood:
  • None

Property Type: commercial
Area: Lexington
Year Built: 1922
Exterior: Brick Solid
Roof: Flat
Land Description: Corner Lot
Utilities: Cable, Electric, Gas, Public Water
Cooling: Central, Zoned
Heating: Forced Air, Zoned Heat
Water: Public Water
Sewer: Public Sewer
Floors: Carpet, Tile, Wood
Basement: Crawl Space, Unfinished
Tax Year: 0
Directions: The Corner of Nelson and Jefferson in the center of Lexington. Parking available on the street or behind the building in the parking lot.
Deed Book: 621/899
Historic: Yes
Plat: Yes
Road Maintenance Agreement: No
Road Maintenance Amount: 0.00
Road Frontage: Public Road
Tax Map #: 23 1 88
Tax Rate: 1.09
Zoning: Commercial
Business Type: Retail
Office SQFT: 0
Retail SQFT: 3333
Warehouse SQFT: 0
A Lexington landmark, beautifully maintained and updated. 25 West Nelson was built in 1922 and in the past 20 years has been restored to once again be a showplace in the center of Lexington! A 10,000 Sq. Ft. building with a large 1st floor commercial space and a great Tenant of 19 years. Above that are 8, 2 BR apartments with strong rental history. High Speed Fiber Internet & AC throughout. Many updates including new hardwood floors, granite kitchen counters, high end appliances, new bathrooms. But not just the finishing's have been updated, the present owners have also updated the windows, all new AC units, new hot water heaters & more. A strong, documented history of occupancy, income & profit. The work has been done, the Tenants are in place, this is a special Investment Property!

Updated: 6/01/18
Courtesy of
J.f. Brown Real Estate Services