Technical
Financial
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Property profile

412 Main St Harrisonburg, VA 22801

OFF-MARKET
Bed & breakfasts
Property ID
US87-2407537
8,953 SF 0.43 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 8,953 square foot mixed-use property, situated on a 0.43-acre lot at 412 S Main Street in Harrisonburg, Virginia, presents a rare investment opportunity. Listed on the National Register of Historic Places, this meticulously restored Queen Anne Victorian home, built in 1888, seamlessly blends historic charm with modern amenities. Its prime downtown location offers unparalleled convenience, within walking distance of James Madison University, numerous shops, restaurants, and cultural attractions. Currently operating as a successful fine-dining restaurant, bed and breakfast, and wedding venue, the property boasts diverse revenue streams and a loyal clientele, ensuring a steady income. The five historically significant bedrooms, updated with modern comforts, provide luxurious accommodations for guests. Elegant event spaces, including a charming dining room, spacious outdoor patio, and chef's garden, cater to weddings and other special occasions. This community landmark offers a unique blend of historical significance, established profitability, and exceptional location, making it an ideal investment for discerning buyers seeking a high-return property with significant potential for future growth. The asking price is $2,350,000.

Property profile

Verified
Property type Bed & breakfasts
Use group BED & BREAKFAST
Total area 8,953 SF
Lot 0.43 ac (18,901 SF)
Zoning code GENERAL BUSINESS
APN 026 O 3
UPID US87-2407537

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

412 Main St Harrisonburg, VA 22801-3611
Harrisonburg metro Census 204 HARRISONBURG, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.34M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.28M

Owner & transaction history

since 2021
Last sale
$1.2M
2 recorded transactions
2021
$1.2M
2016
Price N/A

Zoning & alternative use

GENERAL BUSINESS · Harrisonburg, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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