632 CHARLES ST, STAUNTON, Virginia 24401 - $3,200,000
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
LSK Plaza represents a rare opportunity to acquire a fully-occupied, stabilized mixed-use portfolio in the heart of Staunton, Virginia. Comprising three parcels totaling approximately 1.99 acres in the Gaymont Homes Historic District, the portfolio offers a compelling blend of commercial retail income and multifamily residential cash flow with zero vacancy across all 28 units. With a 2025 Net Operating Income of $193,896 and an asking price of $3,200,000, this offering presents investors with a 6% capitalization rate with meaningful upside potential. Listing consists of 3 adjacent properties: 630 Charles: 1820 SF flex space with office; 632-634 Charles: 8 ground-floor commercial spaces, with 16 apartments on 2nd floor; 644 Greenville: Commercial retail strip with Papa John’s and UPS among the tenants. OWNER AGENT.
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@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. Funkhouser Real Estate Group represents the interest of the seller 540-434-2400 676617. 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 RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.