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Zach Koops

zach@zachkoops.com +1(540) 696-5850

$ 559,000

Est. payment | -/mo

4,300 SqFt

Save

$ 559,000

Est. payment | -/mo

Save

4,300 SqFt

Key Details

Property Type Commercial

Sub Type Building

Listing Status Active

Purchase Type For Sale

Square Footage 4,300 sqft

Price per Sqft $130

MLS Listing ID 683852

HOA Y/N No

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Building

Property Description

Fully leased downtown Waynesboro retail investment offered at $559,000 with an approximately 9.05% current cap rate based on seller-reported operations. Approximately 4,300 SF divided into two retail spaces occupied by Boutique in the Boro and Blue Ridge Aquatics. Each space has its own storefront entrance, dedicated HVAC system, separately metered electricity, and private bathroom. Extensive renovation completed by the end of 2023 included a new roof, electrical, plumbing, HVAC systems, bathrooms, complete interior buildouts, façade, and entryways. Tenants reimburse taxes, CAM, and insurance. Both initial lease terms extend into 2028; Suite B includes a three-year renewal option. Main Street storefront exposure and C-B zoning complement this income-producing opportunity. Real estate only; tenant businesses and personal property are excluded.

Location

State VA

County Waynesboro

Zoning C-3 Central Business

Direction From I-64, take Exit 94 toward Waynesboro onto US-340 North/Rosser Avenue. Follow Rosser Avenue to downtown and turn right onto W Main Street. Continue to 317 W Main Street on the left, occupied by Boutique in the Boro and Blue Ridge Aquatics.

Interior

Heating Forced Air

Cooling Central Air

Flooring Concrete, Other

Fireplace No

Exterior

Parking Features On Street

Fence None

Utilities Available Natural Gas Available

Water Access Desc Connected

Roof Type Other

Building

Sewer Connected

Water Connected

Level or Stories One

Others

Tax ID 45/ 3 / 20/ A/

Listed by KLINE & CO. REAL ESTATE

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(540) 696-5850

zach@zachkoops.com

6740 Whitney Ln, Bridgewater, Virginia 22812, USA

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317 W MAIN ST Waynesboro, VA 22980