Description
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.
School Information
Description
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.
©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-12-14T13:52:12.507.