1215 GREENVILLE AVE, STAUNTON, Virginia 24401 - $450,000
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
Income-producing 3,500 sq. ft. commercial building currently divided into three rental units, all leased on a month-to-month basis. The property offers excellent visibility, ample parking, and strong exposure along a high-traffic corridor. According to the VDOT AADT 2020 study, the site benefits from approximately 16,000 vehicles per day, making it ideal for retail, office, or service-based uses. Rents support a current Net Operating Income indicating a 9% Cap Rate, making this a compelling option for both investors and owner-occupants. Flexible tenancy allows for future repositioning, lease-up, or owner use. The surrounding commercial area is experiencing long-term transformation, including the planned mixed-use redevelopment of the former Staunton Mall property into a combination of residential, retail, and commercial spaces. This is expected to increase demand for nearby commercial property and enhance long-term value. Reach out to McClure Realty for more information.
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
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Virginia Estates uses MLS data from Charlottesville Area Association of Realtors, Richmond Association of Realtors, Chesapeake Bay & Rivers Association, and Bright MLS to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. Virginia Estates has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website. MCCLURE REALTY COMPANY represents the interest of the seller 540-448-2928 672714. What is IDX? According to IDXBroker.com, IDX (Internet Data Exchange) allows agents and brokers to access and display MLS listing information on their real estate websites. Also known as Broker Reciprocity, the term "IDX" refers to the software, rules and regulations which allow MLS data to show on your site. This data feed typically encompasses the listing data for properties entered into the MLS system, while IDX rules may determine where, what, and how it is displayed.
For buyer representation by Virginia Estates contact Deidre Carpenter 434-409-4056, deidre@virginiaestates.com.