2 Main StHarrisonburg, VA 22802

This iconic six-story, 20,000 square foot building, designed by renowned architect Alfred C. Bossom, presents a unique value-add investment opportunity in the heart of Harrisonburg, VA. Located at 2 South Main Street, this Class C building, constructed in 1916, boasts a rich history, having served as the People's Bank and later Rockingham County offices. Currently operating at 30% occupancy with month-to-month tenants, this property offers immediate potential for redevelopment. The building features B-1 zoning, allowing for diverse business uses and potentially residential conversion. Priced at $1,700,000 ($85/SF), significantly below assessed value, this property offers substantial equity potential. The gross lease structure simplifies management. The 0.08-acre lot provides ample space for future development. While requiring full renovation, the building's substantial size and prime downtown location promise significant returns for a buyer willing to undertake a comprehensive revitalization project. The property is sold as-is.