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    Property profile & analytics
    OFF-MARKET Estimated value $550,000
    Retail space

    110 Beverley St, Staunton, VA 24401-4203

    13,800 SF 0.1 ac lot
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US87-2600365
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Total area 13,800 SF
    Lot 0.1 ac (4,554 SF)
    Zoning code B2
    APN 1235
    UPID US87-2600365
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Margaret McElroy Interior Design Interior Design Home Decor Store
    • Words Matter Gift Shop (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $560k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $685k
    Blend (final) Blend
    $550k
    Owner & transaction history
    Fpt LLC · 4 yrs held
    Fpt LLC
    since 2022
    Last sale
    $545,000
    2 recorded transactions
    2022
    $545,000
    2010
    Zoning & alternative use
    B2 · Staunton, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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