Colonial Beach VA Commercial for Sale

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Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1910
Baths:
MLS#:
VAWE2007182
Subdivision:
Town Of Colonial Beach

ADDITIONAL INFORMATION

Welcome to 308 Washington Ave, Colonial Beach, VA -where endless possibilities await in this versatile property nestled in the heart of town. Positioned perfectly to be amid all the vibrant riverfront activities, this property embodies the essence of convenience and potential. Boasting a prime location just across from "Town Hill", it is stone's throw away from the Potomac River and the picturesque Boardwalk, offering residents and visitors alike easy access to leisurely strolls along the waterfront. With zoning allowing for both commercial and residential use, as well as the opportunity for a mixed-use development, this property awaits your creative vision. Amenities include a handicap ramp along the left side ensuring accessibility, a fenced rear yard providing privacy & space for outdoor activities, and a driveway along the right side abutting charming town property/park, complete with pavilion and playground. Whether you envision a bustling commercial enterprise, a cozy residential haven, or a dynamic mixed-use space, this is the perfect place for whatever your imagination has in mind. 308 Washington Ave offers the opportunity to own a piece of Colonial Beach's vibrant community and be at the epicenter of its bustling riverfront scene. Convenient to DC Metro area, Richmond, Fredericksburg and Dahlgren, VA.

Type:
Other
Sq.Ft.:
2,063,873
Status:
Active
Beds:
n/a
Lot size:
47.38 Acres
Year built:
1970
Baths:
MLS#:
VAWE2005986

ADDITIONAL INFORMATION

Rare Opportunity to Acquire a Thriving Turnkey Business in an Exceptional Location! They say in real estate, it's all about the Location, Location, Location, and here you have prime real estate nestled in the heart of the DMV area â Smith Bros. Dragway LLC (Custom Tâs Motorsports Parkway, LLC. Inc) This is an unparalleled opportunity to own a multi-million-dollar enterprise in an enviable location. Strategically situated, this racetrack boasts proximity to major cities: just an hour's drive to DC, Richmond, and a mere 45 minutes to Fredericksburg and how about 4 short miles to Colonial Beach⦠With Baltimore, the Eastern Shore, Tidewater, Philadelphia, and even NYC all within convenient reach, this location ensures access to a vast population exceeding 9 million people, promising immense potential for business success. Spanning over 45 acres, this esteemed racing facility features a state-of-the-art 1/8-mile dragstrip, situated in Colonial Beach, VA. Established in 1963, this racetrack has been under the ownership of Larry Thompson since 2018. Under his ownership, this venue has garnered an impeccable reputation for unparalleled customer service, fostering a loyal following of enthusiasts and racers who return year after year. Custom Tâs stands out as a premier motorsports destination on the East Coast, having hosted renowned racing personalities along with electrifying performances by notable Grammy-nominated artists. Moreover, the track has garnered extensive media coverage from industry giants, further amplifying its prestige and reach. This turnkey offering includes all essential amenities and infrastructure to seamlessly continue operations. EVERYTHING CONVEYS From the fully-equipped kitchen to the essential track maintenance equipment, as well as the versatile sheds and office trailers, everything necessary for the smooth functioning of the facility is included. Don't miss out on this extraordinary opportunity to own a piece of motorsports history and take your business to new heights. The track will be open for business while on the market for sale. So feel free to stop by when were open to see your potential investment at work.

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Andrea Conner, Maryland License 667140, Xome Inc., License 667140, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, [email protected], 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Colonial Beach Real Estate

The median home value in Colonial Beach, VA is $337,900. This is higher than the county median home value of $263,400. The national median home value is $338,100. The average price of homes sold in Colonial Beach, VA is $337,900. Approximately 53.97% of Colonial Beach homes are owned, compared to 17.92% rented, while 28.11% are vacant. Colonial Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Colonial Beach real estate agent to arrange a tour today!

Colonial Beach, Virginia has a population of 3,838. Colonial Beach is less family-centric than the surrounding county with 15.64% of the households containing married families with children. The county average for households married with children is 22.57%.

The median household income in Colonial Beach, Virginia is $52,750. The median household income for the surrounding county is $53,113 compared to the national median of $69,021. The median age of people living in Colonial Beach is 46.1 years.

Colonial Beach Weather

The average high temperature in July is 89.4 degrees, with an average low temperature in January of 26.7 degrees. The average rainfall is approximately 44.5 inches per year, with 15.7 inches of snow per year.

Colonial Beach Real Estate Market Conditions

  • Median sales price

    $337,900
    9.8% change since last quarter
  • # Active listings

    94
    30-day change

Colonial Beach Schools and Demographics

Education near Colonial Beach, VA

Metric City County
High School Graduates 92.4 83.36
College Degree - 2 year 7.56 7.27
College Degree - 4 year 23.27 16.54
Graduate Degree 6.7 4.62
Expenditures per Student 14,451 14,451
Students per Teacher 13.8 13.8

Elementary Schools near Colonial Beach, VA

School Grades Students P/T Ratio ZIP
Colonial Beach Elementary School PK - 07 326 15.6 22443
King George Elementary School PK - 06 975 17.4 22485
Potomac Elementary School KG - 06 667 18 22448
Sealston Elementary School KG - 06 803 17.6 22485
Washington District Elementary School PK - 05 491 15.8 22443

Middle Schools near Colonial Beach, VA

School Grades Students P/T Ratio ZIP
King George Middle School 07 - 08 614 12.9 22485
Montross Middle School 06 - 08 345 13.9 22520

High Schools near Colonial Beach, VA

School Grades Students P/T Ratio ZIP
Colonial Beach High School 08 - 12 227 15 22443
King George High School 09 - 12 1,325 16.7 22485
Washington & Lee High School 09 - 12 509 16.1 22520

Demographics near Colonial Beach, VA

Metric City County
Neighborhood Type Small Town
Population 3,838 18,324
Population Density 1,505 80
Median Age 46.1 47.9
People per Household 2.2 2.3
Median Household Income 52,750 53,113
Average Income per Capita 34,265 33,823