124 NEWMAN AVE, Harrisonburg, VA 22801

Building Details

Year built

1905

Listing agent Craig Anders License #0225231207 Show Phone

Listing office Cottonwood Commercial LLC 1960 Evelyn Byrd Ave, Harrisonburg, VA Show Phone

Listing date Apr 21, 2026

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MLS# 676102

Copyright © 2026 Harrisonburg-Rockingham 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.

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Overview

This professional office center offers multiple office spaces within a single building on a 0.33-acre site. The property has been supported by three established professional tenants, and the building has seen more than $100,000 in recent capital improvements. Updates cited in the recent work include a partial new roof and two new HVAC units, positioned to support ongoing, low-disruption operations.

Located in downtown Harrisonburg at 124 Newman Ave, the property is served under B-1 Central Business zoning. Public remarks also note that parking is available on-site, an important consideration for office users in a central business district.

For buyers or operators seeking a downtown office asset, the current tenant occupancy structure provides an immediate baseline of income, with the remarks stating that current leases are under $12.50/SF gross. The recent improvements and HVAC/roof updates may help reduce near-term building maintenance priorities for an owner planning to continue operating the property as an office investment. The offering is structured as a for-sale transaction.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

• Map
• Local Demand

City

Harrisonburg

County

Harrisonburg

State

Virginia

Longitude

-78.8673007

Latitude

38.4478877

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FAQs

What type of property is this?

Office building - Downtown Harrisonburg office building with recent capital improvements, including a partial new roof and two HVAC units.

Where is this office building located?

The property is located at 124 NEWMAN AVE Harrisonburg, VA.

What is the asking price?

The asking price for this property is $1,950,000.

What are key features of this property?

This property features: 1905‑built downtown Harrisonburg professional office center with 3 established professional tenants; Over $100,000 in recent capital improvements, including a partial new roof; Capital improvements also include 2 new HVAC units