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Property profile

18 Johnson St Staunton, VA 24401

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional first-floor commercial space, located within the historic Beverly Hotel in Staunton, Virginia, presents a unique opportunity for a variety of businesses. Currently situated just off the corner of New and Johnson Streets, this former bakery boasts approximately [Size not provided] square feet of versatile space. The property features stunning original historic mosaic tile floors, adding character and charm to the open layout. Large storefront windows provide excellent natural light and visibility from the street, enhancing the space's appeal to potential customers. The convenient location offers easy access to a nearby parking garage and ample on-street parking, ensuring customer convenience. The building itself houses nearly 30 apartments and the popular Taste of India restaurant, creating a vibrant and established commercial environment. This space is immediately available, providing a swift transition for your business. Its adaptable design makes it suitable for a range of uses, from retail to office space, and even a restaurant, given its previous function. The combination of historical charm, modern accessibility, and a thriving neighborhood makes this property an exceptional investment opportunity. The space is ready for immediate occupancy, allowing for a quick start to your business operations. Don't miss this chance to establish your presence in the heart of historic Staunton.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

18 Johnson St Staunton, VA 24401
Staunton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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