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Mixed-Use Building with Apartments
New
For Sale
$599,000

22 WAYNE AVE, Stuarts Draft, VA 24477

Building, STUARTS DRAFT, VA

Property Size7,365 SF
Lot Size0.77 Acres
Price / SF$81.33
Days on Market3

Property Features for 22 WAYNE AVE

General Information

Property type Commercial Sale
Property subtype Other
Zoning LB Limited Business
Directions The lock box has the key to the front door on the right. As you enter the foyer, the rest of the keys for the apts. & back storage space are in the top drawer of the desk. Owner lives in 1 apt. Out of town. After showings, please turn all lights off.
Subdivision Augusta
Standard status Active
APN 084/A 1/1 /5 /
Size 7,365 SF
Lot size 0.77 Acres

Taxes and HOA fees

Tax Year 2024

Building Details

Year built 1895
Listing Agency: Real Broker LLC
Listed By: Melissa Wolcott
Added: Oct 8 Last Checked: Oct 10 at 2:06PM
MLS# 682835

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.

Investment Insights

Based on property information with market context.

Built in 1895, this 7,365-square-foot mixed-use property has two upper-level apartments, each with three bedrooms and two bathrooms. A commercial area at street level includes three bathrooms. The property occupies 0.77 acres and is zoned LB Limited Business.

Miller’s Bakery is directly across the street. Stuarts Draft Elementary, Middle, and High Schools, Food Lion, and shops along Stuarts Draft Hwy are nearby; Augusta Health and I-64 are also close by.

Key Highlights

  • 7,365‑square‑foot mixed‑use property with two upstairs apartments and street‑level commercial space
  • Two apartments, each with 3 bedrooms and 2 bathrooms
  • Street‑level commercial area includes 3 bathrooms

Property Analytics

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Current Use

Bethesda House of prayer Church

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring 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.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby

Demographics for 24477, VA

11,269
Population
5,037
Households
2.2
Avg Household Size
44
Median Age
21%
College-Educated
92%
High-School Grad
48.9 sq mi
ZIP Area
230
Density / Sq Mi
$81,188
Median Household Income
$47,394
Median Earnings
$1,107
Median Rent
$260,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two upper-level residences sit above a street-facing commercial area in an LB Limited Business zone.
Where is this mixed-use property located?
The property is located at 22 WAYNE AVE Stuarts Draft, VA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 7,365‑square‑foot mixed‑use property with two upstairs apartments and street‑level commercial space; Two apartments, each with 3 bedrooms and 2 bathrooms; Street‑level commercial area includes 3 bathrooms
More about this property
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