Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    350 University Blvd Harrisonburg, VA 22801

    For Lease
    $1.00 SF/Yr

    Building - HARRISONBURG, VA

    Days on Market:
    106
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 350 University Blvd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-2 General Business
    APN
    079 B 1

    Taxes and HOA fees

    Expense value
    4.9499998092651
    Expense
    Common Area Maintenance Fee
    Expense freq.
    Monthly

    Building Details

    Architectural style
    Other

    Cottonwood Commercial LLC (540) 434-9922

    Listing agent Craig Anders (540) 434-9922 License #0225231207

    Listing date Aug 22, 2025

    MLS# 668189 Listing URL

    Copyright © 2025 Harrisonburg-Rockingham Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Space Near James Madison

    Located in Harrisonburg, Virginia, less than one mile from Interstate 81, the former Island Wing is situated on University Blvd, a primary commercial corridor with over 20,000 ADT. The property benefits from excellent feeder roads and proximity to James Madison University, which has 22,000 students. The 7,110 square foot structure, which was totally overhauled in 2021, features a high-capacity kitchen and bar. The dining area seats approximately 304 people. Building systems are capable of meeting the needs of any restaurant operator. The property, zoned B-2 General Business, is situated on over 2 acres and includes 149 parking stalls, allowing for multiple users or additional land for redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Island Wing Company ... Bar & Grill

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harrisonburg
    County
    Harrisonburg
    State
    Virginia
    Longitude
    -78.852093
    Latitude
    38.4288961

    Nearby Similar for Lease

    • $1.00 SF/Yr
      304,920 SF

      High Security Office Space

      Premium office space with high security features for lease.
      1450 Technology Dr, Harrisonburg, VA 22802
      View Details
    • $1.00 SF/Yr

      Harrisonburg Warehouse/Flex Space Available

      Industrial building with flexible space, loading docks, and high ceilings.
      641 Acorn Dr, Harrisonburg, VA 22801
      View Details
    • $1.00 SF/Yr
      29,621 SF

      Modern Office Space in Rockingham

      Luxury office space in home-like setting near Rockingham Memorial.
      1732 Boyers Rd, Harrisonburg, VA 22801
      View Details
    • $1.00 SF/Yr

      Historic Office Space Available

      Move-in ready office space in historic Elmwood building.
      1211 NORTH Main St, Harrisonburg, VA 22802
      View Details
    • $1.00 SF/Yr
      33,106 SF

      Harrisonburg Office Space For Rent

      3200 SF office space in growing Harrisonburg business sector.
      3230 Peoples Dr, Harrisonburg, VA 22801
      View Details
    • $1.00 SF/Yr
      39,640 SF

      Renovated Flex Space in Harrisonburg

      Multi-use commercial space ideal for various business types.
      1090 Virginia Ave, Harrisonburg, VA 22802
      View Details

    FAQs

    What type of property is this?
    Restaurant - Former Island Wing location near James Madison University.
    Where is this restaurant located?
    The property is located at 350 University Blvd Harrisonburg, VA.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Prime location less than one mile from Interstate 81 and near James Madison University (22,000 students).; - High-capacity 7,110sf restaurant structure with a kitchen/bar and seating for approximately 304.; - Substantial 2+ acre property with 149 parking stalls.
    (540) 434-9922
    Request Owner's contact information
    350 University Blvd Harrisonburg, VA 22801
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    350 University Blvd
    Harrisonburg, VA 22801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    350 University Blvd Harrisonburg, VA 22801
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.