Manassas, VA 20110,8703 PROFESSIONAL PL
Manassas, VA 20110,8703 PROFESSIONAL PL
Manassas, VA 20110,8703 PROFESSIONAL PL
$1,018,000
Est. payment /mo
$1,049,000
3.0%
Est.Price: ?

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4,664 SqFt
SOLD DATE : 12/15/2021

Key Details

Sold Price $1,018,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 4,664 sqft

Price per Sqft $218

Subdivision None Available

MLS Listing ID VAMN2000017

Sold Date 12/15/21

Originating Board BRIGHT

Year Built 1971

Annual Tax Amount $12,750

Tax Year 2021

Lot Size 9,060 Sqft

Acres 0.21

Property Description

Fully leased, income-producing investment opportunity of a free-standing low-rise medical office building next to the Novant Health UVA Prince William Hospital in Manassas. Current lease in place through 12/31/2028 with a ten (10) year option at market rent. Currently occupied by a successful surgical pathology lab analyzing gastroenterology tissue biopsies, this 4,664 SF free-standing building offers a modern and professional layout with a reception desk, waiting area, open conference room, large open lab area, and several workrooms. The interior was extensively remodeled in 2017 and there are multiple windowed offices for the management and administration of the business. The roof was replaced in 2019 and the building offers four restrooms, storage areas, several exterior direct entrance doors, and 14 reserved parking spaces alongside and behind the building. There is a partial second floor with a separate entrance that has windows on three sides offering outstanding visibility. This is a high-traffic area of Manassas just off Route 234/Sudley Rd with excellent proximity to the Hospital and numerous associated medical support businesses nearby. Immediate income is provided by a current, long-term lease with stable medical laboratory practice. Sale is of real property only and subject to terms of the existing lease.

Location

State VA

County Manassas City

Zoning B1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 14.0

Waterfront N

Water Access N

Accessibility None

Total Parking Spaces 14

Garage N

Building

Lot Description Cul-de-sac, No Thru Street

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Manassas City Public Schools

Others

Tax ID 112010016M

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Stephen M Karbelk • CENTURY 21 Commercial New Millennium
Bought with Stephen M Karbelk • CENTURY 21 Commercial New Millennium

Don Perrin

Agent | License ID: 0225222228

+1(703) 819-4655

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