421 N Wayne Ave Waynesboro, VA 22980
Two-building portfolio in downtown Waynesboro with redevelopment potential.
Property size:
17,598 SFProperty Features for 421 N Wayne Ave
General Information
- Size
- 17,598 SF
Building Details
- Year built
- 1941
Source:
Tcnworldwide
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Historic Downtown Waynesboro Office Portfolio
This two-building portfolio, known as the Historic Edmunds Building, is located in downtown Waynesboro and offers a combined 17,598 square feet of space. The properties are situated at 421 W Main Street and 110 N Wayne Avenue. The building at 421 W Main Street is fully occupied and features 20 office suites and two ground-floor retail tenants, generating consistent cash flow with potential for increased revenue. The building at 110 N Wayne Ave is a two-story office building suitable for lease or redevelopment, with potential conversion to mixed-use, retail, or creative office space. The properties benefit from a central location within downtown Waynesboro's revitalization corridor, near restaurants, shops, and public parking. The C-B zoning 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. The building at 110 N Wayne Ave is currently advertised for lease at $3,500 per month, which would increase income potential. The location offers convenient access to major roadways and is set against the backdrop of the Blue Ridge Mountains.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Waynesboro
- County
- Waynesboro
- State
- Virginia
- Longitude
- -78.8920276
- Latitude
- 38.0647076
Nearby Similar for Sale
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 N Wayne Ave 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: - Two-building portfolio totaling 17,598 SF in downtown Waynesboro.; - 421 W Main Street is fully occupied with 20 office suites and 2 retail tenants, generating current income.; - 110 N Wayne Ave offers redevelopment potential for mixed-use, retail, or creative office space.