18 Johnson St Staunton, VA 24401
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.