Property summary
The Rask Building, situated at 101 N Augusta St in the heart of Staunton, Virginia, presents a unique opportunity for discerning investors. This iconic 3,296 square foot building, formerly home to Rask Florist, has undergone a complete refurbishment following a 2021 fire, resulting in a pristine and modern interior. The property sits on a 0.04-acre lot and is priced at $550,000. The main level boasts attractive commercial display windows flooding the space with natural light, complemented by a half bath and an office. This level offers excellent potential for retail or commercial use. The second floor, equally bright and airy, also benefits from abundant natural light and includes two half baths and a separate entrance, providing flexibility for a variety of uses. This separate entrance allows for independent access, ideal for multi-tenant occupancy or a residential conversion. The building's prime downtown location offers unparalleled visibility and accessibility, making it an attractive proposition for a wide range of businesses or residential adaptations. Its versatility allows for creative uses such as an art studio, Airbnb, or other commercial ventures. This is a rare chance to acquire a beautifully restored landmark property in a thriving Virginia city. The property is ready for immediate occupancy and offers significant potential for return on investment.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B2 · Staunton, VAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B2 in Staunton, VA.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight