Property profile

709 N Augusta St Staunton, VA 24401

FOR SALE
Other commercial real estate
Property ID
US87-3181614
33,164 SF 0.71 ac lot Built 1927
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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709 N Augusta St, Staunton, VA 24401 For Sale
Contact for pricing 33,164 SF
709 N Augusta St, Staunton, VA 24401
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Property summary

AI-generated overview

The Coca-Cola Building is a mixed-use commercial property located in downtown Staunton, Virginia, at the intersection of Route 11 and Route 250, providing prominent visibility. The building contains 33,164 square feet on a 0.71-acre lot and features high ceilings along with an outside seating or storage area. The structure includes space that presents potential for conversion of second-floor area to apartment use. It is situated directly across from the Staunton Public Library and is within walking distance of historic downtown Staunton. The property is zoned B-2 General Business and is configured for storefront, retail, and other general commercial uses.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1927
Construction BRICK
Total area 33,164 SF
Lot 0.71 ac (30,800 SF)
Zoning code B-2C
APN 7586
UPID US87-3181614

Cap rate & NOI

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

Location

709 N Augusta St Staunton, VA 24401
Staunton metro Census 500 STAUNTON-WAYNESBORO, VA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$995k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$725k

Owner & transaction history

since 2023
Last sale
$675,000
2 recorded transactions
2023
$675,000
2012
$125,000

Zoning & alternative use

B-2C · Staunton, VA
Zoning description

These districts are composed of land and structures used to furnish a wider range of retail goods and services to satisfy all of the household and personal needs of the residents of a group or community of neighborhoods.…

General category COMMERCIAL

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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