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INVESTMENT OPPORTUNITY | HIGH TRAFFIC AREA 902 Richmond Ave

3,425 SF Industrial Building Staunton, VA 24401 £473,216 (£138/SF)

Executive Summary

Well-maintained building in a high-traffic area with a lease in place through March 2025. Attractive option for a 1031 exchange. On a stoplight corner of Rt. 250 by Walmart, Lowes, and other major brands, only 1 mile from I-81 exit 222, 21,000 VPD. Currently set up as a retail storefront on the first floor with storage on the second floor. Second floor has a dedicated bay door and entrance. Off-street parking with side street overflow. New roof 2023, HVAC 2020. I1 Zoning (Light Industrial) allows for a variety of uses. Close proximity to Harrisonburg, Charlottesville, Roanoke.

Attachments

902 Richmond Ave Brochure

Property Facts

Price £473,216 Rentable Building Area 3,425 SF
Price Per SF £138 Number of Floors 2
Sale Type Investment or Owner User Year Built/Renovated 1967/2019
Property Type
Industrial
  • General Retail Freestanding
  • Light Industrial Light Distribution
 Tenancy Single
Building Class B Parking Ratio 1.46/1,000 SF
Lot Size 0.13 AC
Price £473,216
Price Per SF £138
Sale Type Investment or Owner User
Property Type
Industrial
  • General Retail Freestanding
  • Light Industrial Light Distribution
Building Class B
Lot Size 0.13 AC
Rentable Building Area 3,425 SF
Number of Floors 2
Year Built/Renovated 1967/2019
Tenancy Single
Parking Ratio 1.46/1,000 SF

Utilities

  • Water - City
  • Sewer - City

Links

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PROPERTY TAXES

Parcel Number 7695 Improvements Assessment £150,778
Land Assessment £20,593 Total Assessment £171,371

PROPERTY TAXES

Parcel Number
7695
Land Assessment
£20,593
Improvements Assessment
£150,778
Total Assessment
£171,371

zoning

Zoning Code I1
I1
(540) 820-7008

  • Listing ID: 31403044

  • Date on Market: 03/04/2024

  • Last Updated:

  • Address: 902 Richmond Ave, Staunton, VA 24401

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INVESTMENT OPPORTUNITY | HIGH TRAFFIC AREA | 902 Richmond Ave
(540) 820-7008 x

INVESTMENT OPPORTUNITY | HIGH TRAFFIC AREA | 902 Richmond Ave

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Keith May

(540) 820-7008

(540) 820-7008

Chase Hoover

(540) 943-2888

(540) 943-2888

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