Downtown Mixed-Use Development
For Sale
$6,000,000
Pending
473 S MAIN ST, Harrisonburg, VA 22801
COMMERCIAL - HARRISONBURG, VA
Property Size5,582 SF
Lot Size2.75 Acres
Days on Market1069
Property Features for 473 S MAIN ST
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-3 Multiple Dwelling Res
Directions
Located on South Main Street adjacent to the City of Harrisonburg Municipal Building.
Subdivision
Harrisonburg
Standard status
Pending
APN
025 J 2,3,4,5,6,7,15,16,17,18
Size
5,582 SF
Lot size
2.75 Acres
Taxes and HOA fees
Tax Year
2023
Listing Agency:
Cottonwood Commercial LLC
(540) 434-9922
Listed By:
Keith May · License #0225049582
(540) 434-9922
Added: Sep 20, 2023
Changed: Aug 14
Last Checked: Aug 23 at 7:06PM
MLS# 645883
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.
This offering is a 2.75-acre commercial development land parcel zoned R-3 Multiple Dwelling Res. The property is presented as a flexible site for a range of mixed-use and multi-housing concepts, including student housing, apartments, condominiums, or hotel uses, with the possibility of street-level retail integrated into a mixed-use plan.
The parcel is located in downtown Harrisonburg and adjoins the City of Harrisonburg Municipal Building. The public remarks also note the site is within walking distance of James Madison University.
For developers and operators seeking a downtown infill site, the zoning and configuration support multiple multi-dwelling and mixed-use pathways. The adjacency to the municipal building and proximity to JMU can be helpful for tenant targeting and project planning, depending on the concept you intend to pursue.
The parcel is located in downtown Harrisonburg and adjoins the City of Harrisonburg Municipal Building. The public remarks also note the site is within walking distance of James Madison University.
For developers and operators seeking a downtown infill site, the zoning and configuration support multiple multi-dwelling and mixed-use pathways. The adjacency to the municipal building and proximity to JMU can be helpful for tenant targeting and project planning, depending on the concept you intend to pursue.
Key Highlights
- Premier commercial development site in downtown Harrisonburg.
- Opportunity zone site with development options including mixed‑use, student housing, luxury apartments/condominiums, and hotel.
- Mixed‑use concept includes potential for 300 units with first‑floor Main Street retail.
Property Analytics
Property Profile
Current Use
Lease Details
300
Residential units
Location Intelligence
Trade Area within ½ mile
1,369
Businesses Nearby
Explore this area
Business Placement
Demographics for 22801, VA
40,460
Population
15,820
Households
2.6
Avg Household Size
29
Median Age
43%
College-Educated
89%
High-School Grad
33.9 sq mi
ZIP Area
1,194
Density / Sq Mi
$70,779
Median Household Income
$29,241
Median Earnings
$1,235
Median Rent
$340,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 2.75-acre downtown Harrisonburg site zoned R-3 Multiple Dwelling Res, adjacent to the municipal building.
Where is this commercial land located?
The property is located at 473 S MAIN ST Harrisonburg, VA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Premier commercial development site in downtown Harrisonburg.; Opportunity zone site with development options including mixed‑use, student housing, luxury apartments/condominiums, and hotel.; Mixed‑use concept includes potential for 300 units with first‑floor Main Street retail.
