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Property profile & analytics
OFF-MARKET
Investment properties

2 Main St Harrisonburg, VA 22802-3719

2,259 SF 0.06 ac lot Built 1900
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US87-2485436
Property summary
AI-generated overview

This stunning, 20,160 square foot building, located at 2 S MAIN ST in Harrisonburg, VA, presents a unique investment opportunity. Designed by renowned architect Alfred C. Bossom of New York City, this iconic structure boasts a rich history, having served as the People's Bank and later, Rockingham County offices. Currently vacant, the property offers immense potential for redevelopment. The B-1 zoning allows for a diverse range of commercial uses, including the possibility of residential or mixed-use conversion, subject to necessary approvals. Situated on a 0.08-acre lot in the heart of downtown Harrisonburg, this property benefits from high visibility and accessibility. The substantial square footage provides ample space for a variety of business ventures or adaptive reuse projects. Imagine transforming this historic landmark into your vision – the possibilities are virtually limitless. The asking price is $1,700,000. This is a rare chance to acquire a piece of Harrisonburg's history and shape its future. Serious inquiries only. Contact us today to schedule a showing and explore the potential of this exceptional property.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1900
Total area 2,259 SF
Lot 0.06 ac (2,448 SF)
Zoning code CENTRAL BUSINESS
APN 034 T 1
UPID US87-2485436
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
  • Quick Source Learning Vocational School Training Center
  • GRO L.O.V.E. Org Training Center Tutoring Service
  • Harrisonburg Dance Cooperative Training Center
  • REMIX Training Center
  • Local Peace Initiative Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
R & S Capital Holdings LLC · 6 yrs held
R & S Capital Holdings LLC
since 2020
2 recorded transactions
2020
$1.5M
2007
Price N/A
Zoning & alternative use
CENTRAL BUSINESS · Harrisonburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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