473 S MAIN ST Harrisonburg, VA 22801

Listing agent Keith May License #0225049582 Show Phone

Listing office Cottonwood Commercial LLC 1960 Evelyn Byrd Ave, Harrisonburg, VA Show Phone

Listing date Sep 20, 2023

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MLS# 645883

Copyright © 2026 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.

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Investment Insights

Based on property information with market context.

This offering is a 2.75-acre commercial development land parcel zoned R-3 Multiple Dwelling Res. The property is presented as a flexible site for a range of mixed-use and multi-housing concepts, including student housing, apartments, condominiums, or hotel uses, with the possibility of street-level retail integrated into a mixed-use plan.

The parcel is located in downtown Harrisonburg and adjoins the City of Harrisonburg Municipal Building. The public remarks also note the site is within walking distance of James Madison University.

For developers and operators seeking a downtown infill site, the zoning and configuration support multiple multi-dwelling and mixed-use pathways. The adjacency to the municipal building and proximity to JMU can be helpful for tenant targeting and project planning, depending on the concept you intend to pursue.

Key Highlights

• Premier commercial development site in downtown Harrisonburg.
• Opportunity zone site with development options including mixed‑use, student housing, luxury apartments/condominiums, and hotel.
• Mixed‑use concept includes potential for 300 units with first‑floor Main Street retail.

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FAQs

What type of property is this?

Commercial land - 2.75-acre downtown Harrisonburg site zoned R-3 Multiple Dwelling Res, adjacent to the municipal building.

Where is this commercial land located?

The property is located at 473 S MAIN ST Harrisonburg, VA.

What is the asking price?

The asking price for this property is $6,000,000.

What are key features of this property?

This property features: Premier commercial development site in downtown Harrisonburg.; Opportunity zone site with development options including mixed‑use, student housing, luxury apartments/condominiums, and hotel.; Mixed‑use concept includes potential for 300 units with first‑floor Main Street retail.