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Downtown Brick Building in Staunton
For Sale
$399,000

5 FREDERICK ST E, Staunton, VA 24401

Three-story brick building in downtown Staunton with flexible zoning.

Property Size3,900 SF
Lot Size0.05 Acres
Price / SF$102.31
Days on Market232

Property Features for 5 FREDERICK ST E

General Information

Standard status Active
Size 3,900 SF
Lot size 0.05 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,317
Listing Agency: PREMIER PROPERTIES
Listed By: DAVID BOTTENFIELD
Source: Corcoran
Added: Jan 14 Changed: Sep 2 Last Checked: Sep 2 at 8:25PM

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 PREMIER PROPERTIES

Investment Insights

Based on property information with market context.

This three-story brick building is located in a prime downtown location. Each floor measures 1,300 square feet, totaling 3,900 square feet. The property is not located in a flood plain. Zoned B2, the building offers multiple options for use. The first floor can be used for retail or office space. The city has approved the first floor for residential use, if desired, and features a rear entrance in addition to the front sidewalk entrance. The second and third floors, previously used as residences, have front access, rear porches, and access from a small backyard courtyard. Adaptive reuse options include 3-5 residential condos. A standing seam metal roof was inspected in 2025 and reported to be in very good condition. Natural gas service is available. Free parking is available on the street immediately in front of the property.

Key Highlights

  • Prime downtown location with high visibility and accessibility.
  • Flexible B2 zoning allows for retail, office, or residential use.
  • City approved first floor for residential use, offering additional flexibility.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Building Supply HVAC Service Storage Facility Electrical Service Skin Care Clinic (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

1,177
Businesses Nearby

Demographics for 24401, VA

38,522
Population
18,056
Households
2.1
Avg Household Size
43
Median Age
32%
College-Educated
93%
High-School Grad
132.4 sq mi
ZIP Area
291
Density / Sq Mi
$63,746
Median Household Income
$41,412
Median Earnings
$1,002
Median Rent
$253,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story brick building in downtown Staunton with flexible zoning.
Where is this mixed-use property located?
The property is located at 5 FREDERICK ST E Staunton, VA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Prime downtown location with high visibility and accessibility.; Flexible B2 zoning allows for retail, office, or residential use.; City approved first floor for residential use, offering additional flexibility.
More about this property
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