Property summary
This exceptional 18,400 square foot commercial property is situated in the vibrant heart of Downtown Staunton, Virginia. Its strategic location offers unparalleled accessibility and visibility. The building is directly adjacent to City Hall and a convenient downtown parking garage, ensuring ease of access for both employees and customers. The 0.1-acre lot provides ample space for various uses. The property's versatile layout presents numerous possibilities for a wide range of commercial ventures. Its existing structure offers a solid foundation for immediate occupancy or extensive renovation, depending on the buyer's vision. A comprehensive inspection report is readily available for prospective buyers to review, providing detailed insights into the building's condition. This presents a unique opportunity to acquire a significant commercial asset in a thriving downtown area with high foot traffic and strong community engagement. The property's prime location and substantial size make it an ideal investment for businesses seeking a prominent presence in the heart of Staunton. Serious inquiries are encouraged to explore the full potential of this remarkable commercial property. The asking price is $662,000.
Property profile
VerifiedCap rate & NOI
Current use
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Interior Design Home Decor Store
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(Bike/Boat/Book/etc) Store
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
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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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.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight