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    421 WEST Main St Waynesboro, VA 22980

    For Sale
    $1,299,000

    Building - WAYNESBORO, VA

    Property size:
    17,598 SF
    Lot size:
    0.16 Acres
    Days on Market:
    43
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 421 WEST Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CB Central Business
    APN
    45 3-26B & 45 3-A1A
    Size
    17,598 SF
    Lot size
    0.16 Acres

    Building Details

    Year built
    1941
    Architectural style
    Other

    COTTONWOOD COMMERCIAL LLC (540) 434-9922

    Listing agent ISAAC GRANT (540) 434-9922

    Listing date Oct 25, 2025

    MLS# 662574 Listing URL

    Copyright © 2025 Greater Augusta 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

    Historic Waynesboro Buildings For Sale

    This two-building portfolio, known as the Historic Edmunds Building, is located in downtown Waynesboro and offers a total of 17,598 square feet of space. The properties are situated at 421 W Main Street and 110 N Wayne Avenue, occupying a lot size of 0.16 acres. The building at 421 W Main Street is fully occupied and features 20 office suites along with 2 ground-floor retail tenants, generating consistent cash flow with potential for increased revenue. The second building, located at 110 N Wayne Ave, is a two-story office building that is available for lease or redevelopment. This property is suitable for conversion into mixed-use, retail, or creative office space. The properties are located in downtown Waynesboro's revitalization corridor, near restaurants, shops, and public parking. The location provides strong visibility and is zoned C-B, which allows for flexible commercial and residential uses. The properties are within walking distance of the proposed Museum of Natural History site (projected 2027) and a few miles from the Northrup Grumman facility relocating in 2026.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Edmunds Building Property Administration Service LibertyX Bitcoin ATM Atm New Dimensions Mental Health Service Harmon Counseling Services Counselor Blackthorn Academy Beauty School

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waynesboro
    County
    Waynesboro
    State
    Virginia
    Longitude
    -78.8892353
    Latitude
    38.0686953

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    FAQs

    What type of property is this?
    Office building - Two-building portfolio in downtown Waynesboro with redevelopment potential.
    Where is this office building located?
    The property is located at 421 WEST Main St Waynesboro, VA.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: - Prime downtown location in Waynesboro's revitalization corridor, steps from amenities.; - Portfolio includes two buildings totaling 17,598 SF with income-generating and redevelopment opportunities.; - **421 W Main Street is fully occupied with 20 office suites and 2 retail tenants, providing immediate cash flow.**
    (540) 434-9922
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    Waynesboro, VA 22980
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    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
    421 WEST Main St Waynesboro, VA 22980
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