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    580 N Mason St Harrisonburg, VA 22801

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    For Sale
    $4,995,000

    Roses-anchored shopping center in Downtown Harrisonburg for sale.

    Property size:
    85,779 SF
    Lot size:
    6.91 Acres

    Property Features for 580 N Mason St

    General Information

    Size
    85,779 SF
    Lot size
    6.91 Acres

    Source: Lee & Associates Agent Alessandro Coppola

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Harrisonburg Shopping Center

    A shopping center anchored by Roses in Downtown Harrisonburg is available for purchase. The property is fully leased, comprising six suites that total over 85,000 square feet. Situated on a 6.91-acre lot, the property features a large, open parking lot with ample space for all businesses. The location near the expanding Downtown Harrisonburg offers various opportunities given the square footage and acreage.
    Insight Report Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Valley Plaza Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Harrisonburg
    County
    Harrisonburg
    State
    Virginia
    Longitude
    -78.8643933
    Latitude
    38.4549357

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    FAQs

    What type of property is this?
    Shopping center - Roses-anchored shopping center in Downtown Harrisonburg for sale.
    Where is this shopping center located?
    The property is located at 580 N Mason St Harrisonburg, VA.
    What is the asking price?
    The asking price for this property is $4,995,000.
    What are key features of this property?
    This property features: - 100% leased property provides immediate income.; - Prime location in Downtown Harrisonburg near expansion.; - Substantial 6.91-acre lot offers potential for future development.
    (540) 437-3728
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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
    580 N Mason St Harrisonburg, VA 22801
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