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    705 Richmond Ave Staunton, VA 24401

    For Sale
    $550,000

    Building - STAUNTON, VA

    Property size:
    3,658 SF
    Lot size:
    0.40 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 705 Richmond Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-2 General Business
    APN
    3996
    Size
    3,658 SF
    Lot size
    0.40 Acres

    Utilities

    Heating system
    Electric (Heating), Natural Gas

    Building Details

    Year built
    1922
    Floors in Building
    2
    Flooring type
    Wood
    Building materials
    Brick, Frame
    Roof type
    Composition, Shingle
    Architectural style
    Other

    Old Dominion Realty (540) 943-0085 [email protected]

    Listing agent CHERYL TSAKIS (540) 943-0085

    Listing date Nov 12, 2025

    MLS# 671011 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

    Commercial/Residential Building Near Downtown Staunton

    This property, situated in a high-visibility location, features a brick building with 3,658 square feet of finished space, plus an additional 468 square feet of flexible finished space above a detached garage, bringing the total to over 4,100 square feet of functional area. The site includes an asphalt driveway and parking area suitable for 5-6 cars, with a separate entrance and exit, and room to expand the parking area. Zoned General Business and grandfathered for residential use, the property is suited for either continued residential living or conversion to a higher-yield commercial venture. Potential uses include a boutique Bed & Breakfast, professional offices, or divided office suites. The property is near major retail anchors such as Walmart, Lowe’s, multiple car dealerships, and a variety of restaurants, with high traffic count. It is a short drive to downtown Staunton, Virginia, in the Shenandoah Valley. The lot size is 0.4 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Staunton
    County
    Staunton
    State
    Virginia
    Longitude
    -79.0552813
    Latitude
    38.1432614

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    FAQs

    What type of property is this?
    Office building - Flexible commercial/residential property with expansion potential near downtown Staunton.
    Where is this office building located?
    The property is located at 705 Richmond Ave Staunton, VA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Flexible Zoning: Zoned General Business with grandfathered residential use, suitable for residential or commercial purposes.; - High-Visibility Location: Situated in a high-traffic area near downtown Staunton.; - Ample Space: Over 4,100 sq ft of finished space including the main building and detached garage.
    (540) 943-0085
    Request Owner's contact information
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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
    705 Richmond Ave Staunton, VA 24401
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