• 111 days on site
  • 0 views

Well-maintained 10,950 SF two-story brick medical office condominium currently leased to UVA Pediatrics, which has operated at this location for 10 years. The lease expires August 31, 2026, after which it converts to month-to-month until the tenant relocates. Under the NN lease, the tenant pays property taxes, insurance, and all repairs and maintenance except the roof. Constructed in 1998, this attractive property offers a highly functional layout featuring 20 exam rooms, 18offices, a conference room, 9 restrooms, multiple storage rooms, a kitchen/meeting room, 3 separate entrances, ample parking on a 1.02-acre site. The property is ideally located in a strong medical and retail corridor, surrounded by numerous national retailers and professional offices. It is situated just 0.5 miles from James Madison University and less than 2 miles from Sentara RMH Medical Center, making it a strategic location for continued medical or professional office use. Excellent opportunity for investors or future owner-users.

Source: BRIGHT MLS, MLS#: VAHC2000576

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  • Property Type
    Commercial Sale
  • Lot
    1.02 acres

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Susan Pender

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  • Median Age
    26
  • Population Density
    1,236
  • College Educated
    51%
  • Estimated Median Income
    $57,443
  • Estimated Total Home Owners
    6,273
  • Estimated Total Renters
    7,245
  • Owner / Renter Divide
    46% / 54%
  • Estimated Average Household Size
    3
  • Total Population
    40,284
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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  • Skip Templeton
  • RW Towne Mortgage
  • Vice President | Mortgage Loan Officer
  • (757) 287-1902

Want to talk? Contact us here.

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Life at 1947 MEDICAL AVENUE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.
Listing provided courtesy of Cottonwood Commercial, LLC.- MLS# VAHC2000576MLS ProviderContact Information: 5404349922

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