Building Details

Year Built 1927

Year Renovated 1927

Buildings 1

Stories 4

Listed By: Bill Woodwardapts@gmail.com Show Phone

Added: Feb 25 Changed: Apr 8

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Investment Insights

Based on property information with market context.

This 900-square-foot office space is located on South Market Street in Staunton, Virginia. The property is situated one-half block from the city courthouse and Shakespeare theater, and one block from Mary Baldwin University. The layout includes a reception room, two offices, two bathrooms, and a supply room. Heat and water are included.

Property Analytics

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Current Use

Hardy Parking Lot Parking Lot & Garage

Suggested Use

Top Pick HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Plumbing Service Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,158

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 24401, VA

38,522

Population

18,056

Households

2.1

Avg Household Size

43

Median Age

32%

College-Educated

93%

High-School Grad

132.4 sq mi

ZIP Area

291

Density / Sq Mi

$63,746

Median Household Income

$41,412

Median Earnings

$1,002

Median Rent

$253,700

Median Home Value

Market

Lease Benchmarks for Staunton, VA

$18.83 /SF/Yr

Avg Asking Price

$12–$33.1 /SF/Yr

Price Range

1,885 SF

Avg Space Size

This space is priced 36% below the average of $18.83 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Office space - 1 South Market Street

Where is this office space located?

The property is located at 1 South Market St Staunton, VA.

What is the lease rate?

The lease rate is $900/Mo.