15 BEACH TERRACE,COLONIAL BEACH, VA 22443

$ 945,000|3beds|2baths
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    15 BEACH TERRACE,  COLONIAL BEACH, VA 22443
    Status:Active
    MLS #:VAWE115470
    Price:$ 945,000
    Beds:3
    Baths:2 Baths (2 F)
    Type:Single Family
    Size:1,508 ft²
    Lot Size:7,841 ft²

    PRIME WATERVIEW PROPERTY--Zoned Resort Commercial

    Features
    • Motor Court (.32 acres): Zoned Resort Commercial (RC)
    • House & Outbuildings (.37 acres): Zoned Resort Commercial (RC)
    • All Parcels Sold Together
    • Investment Potential
    • See MORE tab for PROPERTY PLAT
    Remarks
    INVESTMENT OPPORTUNITY: A Colonial Beach landmark since 1948, the property and residence known as Doc's Motor Court--the following WATERVIEW parcels are included in the sale and will be sold together:Tax Map No. 3A2-2-74-5, .18 ac, Zoned RC (Resort Commercial); Tax Map No. 3A2-2-74-6B, .14 ac, Zoned RC (Resort Commercial); Tax Map No. 3A2-2-74-1, .05 ac, Zoned RC (Resort Commercial) and Tax Map No. 3A2-2-74-3, .32 ac, Zoned RC, Resort Commercial. The properties are also known as 15 Beach Terrace and 11 N. Irving Ave., Colonial Beach, VA 22443. The 16-unit Motor Court has not been in operation in several years. All parcels sold together and AS IS.
    General Information
    Zoning:
    RC-Resort Commercial
    Commercial Details
    Zoning:
    Resort Commercial
    Mortgage Calculator
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    Total:$945,00020% Down:$189,000Financing:$756,000
    Jumbo 30 Yr Fixed*
    3.1 %
    (3.22% APR)
    $3,228 / month

    *Rates for August 2020. Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a home mortgage consultant. Other restrictions may apply. The Rate/APR and other terms may vary from those displayed based on the creditworthiness of the borrower, the type of dwelling, whether the borrower is self-employed, the location of the property and other factors. Please contact a lender in your area to determine what rates you qualify for.

    **Rates calculated from national averages.  To determine rates in your area please contact your local lender.


    Local Schools

    School NameTypeDistanceGreatSchools Rating
    Monroe Bay Christian Academy
    Po Box 208, Colonial Beach, VA 22443
    (804) 224-9375
    private
    0.29 mi
    Colonial Beach Elementary School
    100 1st Street, Colonial Beach, VA 22443
    (804) 224-9897
    public
    0.64 mi
    Colonial Beach High School
    100 1st Street, Colonial Beach, VA 22443
    (804) 224-7166
    public
    0.64 mi
    GreatSchools
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    http://www.DocsMotorCourt.com
    Jimmy Coates<br />Associate Broker

    EXIT Mid-Rivers Realty

    990 Colonial Ave.
    Colonial Beach, VA 22443

    REALTORGraduate REALTOR InstituteEqual Housing OpportunityAccredited Buyer RepresentativeShort Sales & Foreclosure Resource

    VA License # 0225190046, EXIT Mid-Rivers Realty, 990 Colonial Ave., Colonial Beach, VA 22443. Each office is independently owned and operated.

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