Traditional town center zoning in the town of Orange, VA. The building can be all commercial or you can live on one floor and have a business on the other. Each floor has it's own HVAC unit (both units were replaced in 2023). 1st floor has a reception area, 3 offices, a kitchen, and 2 full baths. The 1st floor can also be split into 2 units with separate entrances. The basement unit has a reception area, 2 offices, 2 full baths, a wet bar, a gallery kitchen, a washer and dryer, 3 entrance doors, and can be split into 2 units. The parking lot is paved. Total building renovations in 2007 to include all new plumbing, electrical, windows, and siding. The 240-volt electrical panel is split with 200 amp service upstairs and 100 amp sub panel downstairs. 6 entrances throughout the house. All weather stream is located in the back of the property.
THIS IS AN EXTRORDINARY OPPORTUNITY TO BUY A FULLY LEASED COMMERCIAL BUILDING IN THE HEART OF ORANGE. ABUNDANT PARKING AND EASY ACCESS TO EVERYTHING ORANGE HAS TO OFFER.
Investment opportunity in the Town of Orange being sold below the appraised value. It is 2 parcels located within the Town Activity Center Zoning (mixed use) on a combined total of 4.059 acres, 6 buildings, 1 pavilion, and 1 house, all totaling 35,034 sq ft with ample parking on a corner lot. Contact the listing agent to schedule a showing. The listing agent is related to the seller and must accompany. Parcel #1 is 385 and 389 Waugh Blvd, Orange, VA tax map # 44-111; parcel #2 is 401 Waugh Blvd tax map # 44-113A. The property is being sold in its entirety and will not be divided. Parcel #1 has 6 buildings with a combined square footage of 30,832 plus a 900 SF pavilion, and 3.632 acres. Parcel #2 has a 2,822 gross sq ft residence which includes a full basement, 4 bedrooms, and 3 full baths plus a 480 sq ft detached garage on 0.427 acres. The property is available for further division!
The median home value in Orange, VA is $422,500. This is higher than the county median home value of $326,900. The national median home value is $338,100. The average price of homes sold in Orange, VA is $422,500. Approximately 41.28% of Orange homes are owned, compared to 55.45% rented, while 3.27% are vacant. Orange 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 Orange real estate agent to arrange a tour today!
Orange, Virginia has a population of 5,012. Orange is less family-centric than the surrounding county with 20% of the households containing married families with children. The county average for households married with children is 26.88%.
The median household income in Orange, Virginia is $58,908. The median household income for the surrounding county is $79,211 compared to the national median of $69,021. The median age of people living in Orange is 34 years.
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 22.9 degrees. The average rainfall is approximately 44 inches per year, with 17.7 inches of snow per year.