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W LOCUST

woodstock, VA 22664

$425,000

  • contract signed

INTERESTED? LET'S CONNECT

Prime investment opportunity in the Town of Woodstock! This 27,273 sq. ft. B-1 zoned lot is located just half a block from Main Street and offers a “by-right” build for up to an 18-unit apartment complex—no special use permits or hearings required. Site engineering by Racey’s Engineering is 99% complete and has already undergone initial review by both the town and county. The current design includes a 15-unit, three-story building featuring two-bedroom, two-bathroom units of approximately 900 sq. ft. each, with rear balconies and tenant-paid utilities. The lot accommodates all required parking, and the project is being finalized for swift site plan approval. An excellent opportunity for developers seeking a ready-to-go multifamily project in a desirable Shenandoah Valley location.

Additional Opportunity:
The seller also owns a nearby parcel on Foundry Street suitable for an 8-unit apartment building. Purchasing both the Locust Street and Foundry Street lots could allow for a combined 23-unit multifamily development within downtown Woodstock. Properties may be purchased separately or together for scale and flexibility.

Disclaimer: Main image & Interior images are conceptual renderings of a proposed design and are provided for visualization purposes only. The lot is being sold with plans; construction and finish selections will be determined by the purchaser.

Details

0.56 Private Acres Lot Size

Commercial

$355 Annual Tax

MLS/Listing ID VASH2012806

Amenities & Features

Lot - Level

BRIGHT

Interested in W LOCUST?

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 01/12/2026.
Source: Bright Multiple Listing Service, Inc.

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