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Fully Occupied Mixed-Use Portfolio
For Sale
$3,200,000

632 CHARLES ST, Staunton, VA 24401

Three adjoining parcels combine retail, flex space, and multifamily apartments with occupancy across the portfolio.

Property Size22,816 SF
Price / SF$140.25
Days on Market123

Property Features for 632 CHARLES ST

General Information

Standard status Active
Size 22,816 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $16,868
Listing Agency: FUNKHOUSER REAL ESTATE GROUP
Listed By: CHRIS DUNKEL · License #0225208585
Source: Corcoran
Added: May 1 Changed: Aug 29 Last Checked: Aug 30 at 7:52PM

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 FUNKHOUSER REAL ESTATE GROUP

Investment Insights

Based on property information with market context.

This mixed-use portfolio spans three adjoining parcels totaling approximately 1.99 acres, with 22,816 square feet of property area. The improvements include an 1,820-square-foot flex building with office space at 630 Charles, eight ground-floor commercial spaces and 16 apartments at 632-634 Charles, and a retail strip at 644 Greenville. The portfolio contains 28 units with zero vacancy.

Commercial tenancy includes Papa John's and UPS within the retail strip. The properties are located in Staunton's Gaymont Homes Historic District and include addresses on Charles Street and Greenville Avenue. The offering combines retail, flex, and apartment components across a single mixed-use portfolio.

Key Highlights

  • Three adjoining parcels totaling approximately 1.99 acres
  • 22,816 SF of property area across the portfolio
  • 28 units with zero vacancy

Property Analytics

Current Use

The Clothesline Laundromat Staunton (Bike/Boat/Book/etc) Store Mommy & Me Childrens ... Clothing & Fashion Store

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store Storage Facility Real Estate Agency HVAC Service

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

378
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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three adjoining parcels combine retail, flex space, and multifamily apartments with occupancy across the portfolio.
Where is this mixed-use property located?
The property is located at 632 CHARLES ST Staunton, VA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Three adjoining parcels totaling approximately 1.99 acres; 22,816 SF of property area across the portfolio; 28 units with zero vacancy
More about this property
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