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Spacious Office Unit For Sale
For Sale
$429,000
Pending

1312 C ST, Waynesboro, VA 22980

4,000 sq ft office unit with active lease.

Property Size4,000 SF
Lot Size0.75 Acres
Days on Market239

Property Features for 1312 C ST

General Information

Standard status Pending
Size 4,000 SF
Lot size 0.75 Acres
Property subtype Commercial

Amenities

Central air
3 Or More Cars
Central Air Cooling
Electric Heating
Private
Listing Agency: KLINE & CO. REAL ESTATE
Listed By: JONATHAN STALLARD
Source: Corcoran
Added: Jan 8 Changed: Aug 8 Last Checked: Jul 28 at 9:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KLINE & CO. REAL ESTATE

Investment Insights

Based on property information with market context.

This 4,000 sq ft commercial real estate property features a large, open floorplan, along with private office spaces and three restrooms. The property is currently under an active lease that extends through March 2026, providing potential cash flow. The cap rate is 6.71%. The property is described as being in good condition. The selling price is almost $100,000 under the tax assessed value.

Key Highlights

  • Priced almost $100,000 under tax assessed value.
  • Active lease in place through March 2026 providing immediate cash flow.
  • Cap rate of 6.71%.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Parking Lot & Garage Electrical Service Bakery (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby

Demographics for 22980, VA

33,049
Population
14,711
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
91%
High-School Grad
74.5 sq mi
ZIP Area
444
Density / Sq Mi
$63,176
Median Household Income
$41,839
Median Earnings
$968
Median Rent
$256,000
Median Home Value

Market

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 units - 4,000 sq ft office unit with active lease.
Where is this office units located?
The property is located at 1312 C ST Waynesboro, VA.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Priced almost $100,000 under tax assessed value.; Active lease in place through March 2026 providing immediate cash flow.; Cap rate of 6.71%.
More about this property
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