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Property profile & analytics

2323 WEST Main St Waynesboro, VA 22980

  • Commercial real estate
  • 5,753 SF
  • 0.86 lot acres
For Sale
Last Sale
Jun 17, 2021
$185,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-3115195
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 2323 WEST Main St

Year built
1955
Lot size
0.86 lot acres
Property size
5,753 SF
Zone code
H-B
Property type
Commercial real estate
APN
32 1 - 16B
APU
32116B

Description

This exceptional 5,753 square foot restaurant property, located at 2323 West Main Street in Waynesboro, Virginia, presents a unique investment opportunity. Situated on a 0.86-acre lot, this turnkey establishment benefits from a highly desirable location just off Route 250, boasting a remarkable Average Annual Daily Traffic (AADT) of 18,200 vehicles. The property's open floor plan seamlessly integrates a large bar area, a stage perfect for live entertainment, and ample indoor seating to accommodate a substantial number of patrons. The fully equipped kitchen includes all necessary appliances and even a built-in smoker, ensuring a smooth transition for any culinary operation. Outdoor seating is generously provided on a spacious patio, complemented by extensive parking to ensure guest convenience. The property's proximity to downtown Waynesboro provides easy access to a variety of amenities and a thriving residential community, creating a robust and expanding customer base. This prime location, combined with the existing infrastructure and equipment, makes this an ideal opportunity for established restaurateurs seeking expansion or entrepreneurs looking to launch their culinary vision in a rapidly growing market. The asking price is $675,000.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Waynesboro
County
Waynesboro City
State
Virginia
Longitude
-78.9187
Latitude
38.0785
CBSA code
44420
CBSA name
STAUNTON-WAYNESBORO, VA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,782
$234,800
$256,400
$491,200
-
$234,800
$256,400
$491,200
More about this property
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