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$595,000
Est. payment /mo
3,425 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 3,425 sqft
Price per Sqft $173
MLS Listing ID 669379
HOA Y/N No
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Building
Property Description
8.6% CAP Investment Opportunity with a NEW 3-year NNN lease in place. Well-maintained building on a high-traffic stoplight corner of Rt. 250 by Walmart, Lowes, and other major retailers, only 1 mile from I-81 exit 222, 21,000 VPD. 1745 SF first floor storefront plus 1680 SF second floor with a dedicated bay door and entrance. Off-street parking lot with side street overflow. New roof 2023, HVAC (1st floor) 2020. I1 Zoning (Light Industrial) allows for a variety of future uses. Close proximity to Harrisonburg, Charlottesville, Roanoke. Note that Benjamin Moore was the former tenant who has moved out – the new tenant is a tobacco and convenience store with a lease beginning 10/1/25.
Location
State VA
County Staunton
Zoning I-1 Industrial Light
Direction I81 S towards Staunton, Continue on I-81 for approximately 18 miles toward Staunton, Take Exit 222, Follow SR?262 eastbound around Staunton, Take the US-250 east exit onto Richmond Ave.
Interior
Fireplace No
Others
Tax ID 7695
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Listed by COTTONWOOD COMMERCIAL LLC
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