112 Houston ST, Lexington, VA 24450
$1,065,000
Property Type:
Commercial
Lot Size (sq. ft.):
23,087
Status:
Active
Current Price:
$1,065,000
List Date:
10/22/2025
Last Modified:
12/23/2025
Description
Two-building investment property in the idyllic college town of Lexington, Virginia.
Property features a two-tenant medical office building constructed in 1994, located in a planned development with another medical office and Carilion Rockbridge Community Hospital. This building is fully leased to a well-established dental practice (Suite A) and to an oral surgery practice (Suite B).
Also on the property is a residential duplex built around 1922. Both units are rented and professionally managed.
This investment offers stability and diversification.
More Information MLS# 922097
General Property Description
Construction Status: Completed
Total Acreage: 0.53
Flood Area: No
On site Parking: Yes
Parking Spaces: 22
Water Class: N/A
Gross Building SqFt: 7384
Office SqFt: 5170
Lease Available: No
Year Built: 1994
Location, Tax & Legal
Major Area: 24 - City of Lexington
Tax ID: 29/ 1/ 33/ A; 29/ 1/ 33/ A#
Annual Taxes: 9663
Zoning Code: R-LC
Area: 2400 - City of Lexington
Street Number: 112
Street Name: Houston
Street Suffix: ST
State/Province: VA
Zip Code: 24450
Municipality: City of Lexington
Remarks & Misc
Directions: From I-81N, take Exit 188B onto US-60 West. In 2.6 miles, turn LT on Walker St. In .4 miles, turn RT on Houston St. In .2 miles, 112 Houston St will be on the RT.
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Commercial Type
Office: 1
Business Type
Medical: 1
Professional/Office: 1
Sale Includes
Building & Land: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Roof System
Shingle: 1
Levels
One: 1
Topography
Level: 1
Contract Information
Current Price: $1,065,000
List Price: $1,065,000
List Date: 2025-10-22
Status: Active
Property Features
Limited Service: Not Limited Service
Commercial Type: Office
Business Type: Medical; Professional/Office
Sale Includes: Building & Land
Construction: Brick
Roof System: Shingle
Levels: One
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Public Sewer
Topography: Level
Listing Office: WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: December - 23 - 2025
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