Property profile

413 Main St Broadway, VA 22815

OFF-MARKET
Commercial real estate
Property ID
US87-2451256
0.11 ac lot Built 2007
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,100 square foot office condo, located at 413 S Main St, Broadway, VA 22815, presents a fantastic opportunity. Situated in a professional brick center in the heart of downtown Broadway, this property boasts a highly visible location directly on heavily traveled Route 42, surrounded by thriving local businesses. The spacious layout is spread across two levels, offering eight private offices, a welcoming reception area, a convenient kitchen, and ample storage space. The B1 zoning ensures versatility for a range of professional uses. Ample parking is readily available for both clients and staff. This single-tenancy property is ideally suited for a business seeking a prominent and well-equipped space. The property is available for lease commencing January 15, 2025. Furthermore, an attractive option for owner-financing is available for potential buyers. This presents a unique chance to acquire a turnkey office space in a desirable location within Rockingham County. Don't miss this chance to establish your business in a thriving community.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2007
Lot 0.11 ac (4,748 SF)
Zoning code RURAL BUSINESS SERV DIST
APN 51A3-(10)- L5
UPID US87-2451256

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
  • Industrial Manufacturer Production Facility

Location

413 Main St Broadway, VA 22815-9552
Broadway metro Census 10801 HARRISONBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2025
Last sale
$280,000
3 recorded transactions
2025
$280,000
2022
$110,800
2022
Price N/A

Zoning & alternative use

RURAL BUSINESS SERV DIST · Broadway, 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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