Rare opportunity to own a recently renovated mixed-use commercial building in the heart of the Town of Culpeper! Position your business for success with prime Main Street exposure while generating additional income from the residential units above. The main level features two commercial suites, each offering flexible space, a shared common area, and a bathroom—ideal for a variety of business uses or convert the main level to two additional residential units. Upstairs, you’ll find two well-appointed apartments, each with 2 bedrooms and 1 full bathroom. One unit is currently leased, providing immediate income, while the other is vacant—perfect for an owner-occupant or additional rental potential. Each unit is independently metered for utilities. This versatile property offers the perfect blend of investment opportunity and owner-user flexibility in one of Culpeper’s most desirable locations. Don’t miss your chance to own a prime mixed-use property in the thriving Town of Culpeper!
Looking to build a multi-family investment property in Culpeper, VA? Finding land zoned by right for multi-family development is nearly impossible these days and rezoning a property for that use is even more challenging. The approvals for this project have taken years to secure, and now Willow Grove is shovel-ready! This project has full site plan approval from the Town of Culpeper to construct two buildings totaling 30 units, including a rentable management office. Owner has also obtained full building permit approval for the blueprints. The units are permitted under current codes to be converted into condominiums and sold individually. Additionally, the newly assigned RX zoning provides significant flexibility, including allowance for short-term rentals. While short-term rentals were prohibited in many zoning classifications during the Town of Culpeper’s recent zoning overhaul, they were not banned under this designation — a major advantage for Willow Grove. All necessary utilities are already present and accessible on the property, including gravity-fed sewer, power and water. Comcast is readily available to supply internet as well. Located in an area with a near-zero rental vacancy rate, this presents a strong long-term investment opportunity. A strong cap rate for long-term rentals is projected, incorporating short-term rental units could potentially increase that return even further. Approved blueprints and all related documents are available upon request.
Culpeper is located in Virginia. Culpeper, Virginia has a population of 19,740. Culpeper is less family-centric than the surrounding county with 26.8% of the households containing married families with children. The county average for households married with children is 30.59%.
The median household income in Culpeper, Virginia is $79,572. The median household income for the surrounding county is $85,274 compared to the national median of $69,021. The median age of people living in Culpeper is 35.5 years.
The average high temperature in July is 86.5 degrees, with an average low temperature in January of 22.2 degrees. The average rainfall is approximately 44 inches per year, with 19.3 inches of snow per year.
