11702 Spotswood Trail, Elkton, VA 22827 (MLS # 2520119)

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PRICE $400,000 SIZE 3,650 sqft LOT SIZE 1.59 ac Request More Info Schedule a Showing

Exceptional 3,650 SF retail complex on 1.59 acres along high-traffic Route 33 in Elkton, VA, featuring multiple revenue streams with established tenants and significant upside potential. 5 occupied spaces including craft brewery, coffee shop, retail, and food service tenants, plus food truck lease, with full occupancy potential of $77,934 annually from 2 vacant spaces ready for immediate leasing. The property is located just off the highway near Massanutten Four Seasons Resort main entrance, benefiting from high tourism traffic to Shenandoah National Park and the growing brewery/winery tourism corridor. The buildings include a historic 1942 brewery, modern 2013 retail shops with covered porches commanding premium rents, and 2015 warehouse facility (1,404 SF with 3 roll-up doors) for versatile commercial use with public water/sewer, paved parking, and decorative signage. There is limited competition, and additional development potential on excess land. Rockingham County maintains 2.5% unemployment below state and national averages, supported by a strong local economy encompassing tourism, agriculture, and manufacturing, with proximity to James Madison University, OPENING BID: $400,000, CLOSE: 9/9 @ 2PM. Property sold subject to auction terms and conditions, all measurements and financial information are approximate and should be verified by the buyer.