Mixed-Use Development
For Sale
$6,000,000
Pending
473 S MAIN ST, Harrisonburg, VA 22801
Building, HARRISONBURG, VA
Property Size5,582 SF
Lot Size2.75 Acres
Days on Market1103
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) 820-7008
Added: Sep 20, 2023
Changed: Sep 2
Last Checked: Sep 26 at 2:06AM
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 mixed-use development site encompasses 2.75 acres and carries R-3 Multiple Dwelling Res zoning. The property record also identifies a 5,582-square-foot property size. Concepts identified for the site include a mixed-use project with first-floor retail and up to 300 apartments, student housing, luxury apartments, condominiums, or a hotel.
The property adjoins the City of Harrisonburg Municipal Building and is within walking distance of James Madison University. Its position on South Main Street places the site within downtown Harrisonburg and along an established business corridor. The combination of residential zoning, civic adjacency, and university proximity provides a defined context for evaluating the listed development concepts.
The property adjoins the City of Harrisonburg Municipal Building and is within walking distance of James Madison University. Its position on South Main Street places the site within downtown Harrisonburg and along an established business corridor. The combination of residential zoning, civic adjacency, and university proximity provides a defined context for evaluating the listed development concepts.
Key Highlights
- 2.75‑acre development site in downtown Harrisonburg
- R‑3 Multiple Dwelling Res zoning
- 5,582‑square‑foot property size
Property Analytics
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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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - R-3 zoning and proximity to civic and university uses frame a downtown redevelopment opportunity.
Where is this mixed-use property 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: 2.75‑acre development site in downtown Harrisonburg; R‑3 Multiple Dwelling Res zoning; 5,582‑square‑foot property size
