13 W Beverley St
Staunton, VA 24401

The Masonic Building in downtown Staunton is the architectural gem in a city known for its historical and victorian character. This property was well constructed and preserved over the years with many upgrades (HVAC, elevator, sprinkler system, upscale apartments). The current rent roll generates $140,000 annually producing a cap rate of approximately 8.5%. This prominent building is surrounded by historic landmarks and popular tourist destinations in the heart of Staunton's retail and office district. Comprised of 23,550 SF on 5 1/2 floors, there is a combination of retail, office, and residential tenants in place with nearly 100% occupancy that generates an above average net operating income.