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    963 Reservoir St Harrisonburg, VA 22801

    For Sale
    $1,250,000

    Visible Harrisonburg office building with income-generating tenant.

    Property size:
    6,640 SF
    Lot size:
    0.61 Acres

    Property Features for 963 Reservoir St

    General Information

    Size
    6,640 SF
    Lot size
    0.61 Acres

    Source: Lee & Associates Agent Jeffrey M Robb

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

    Overview

    Harrisonburg Office Building For Sale

    This property is located on Reservoir Street in Harrisonburg. The building, totaling 6,640 square feet, is divided into two suites, with the first and second floors each having a separate entrance. The property includes signage on Reservoir Street and a private parking lot. The second floor is currently leased and generating income through May 2029. The first floor is available for an owner-occupier or can be leased out for a full investment property.
    Insight Report Location Intelligence

    Current Use by Public Records

    Choice Books Books Wholesaler Valley MicroComputers Computer Repair Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrisonburg
    County
    Harrisonburg
    State
    Virginia
    Longitude
    -78.857992
    Latitude
    38.4416919

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    FAQs

    What type of property is this?
    Office building - Visible Harrisonburg office building with income-generating tenant.
    Where is this office building located?
    The property is located at 963 Reservoir St Harrisonburg, VA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - High-visibility location on Reservoir Street.; - Income-generating property with a leased second floor until May 2029.; - Occupy the first floor for your business or lease it out.
    (540) 437-3728
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    963 Reservoir St Harrisonburg, VA 22801
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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
    963 Reservoir St Harrisonburg, VA 22801
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