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135 W Market St
Harrisonburg, VA 22801
Office Property For Sale

INVESTMENT HIGHLIGHTS

  • • Covered Land Play & Historic Adaptive Re-Use Opportunity
  • • Eligible for State and Federal Historic Rehabilitation Tax Credits (HRTC)
  • • By-Right Multifamily Conversion | Conveys with Schematic Plans for 80 Units
  • • Leased to Rosetta Stone Through May 2026 plus a 1-Year Option
  • • Located in a Qualified Opportunity Zone Offering Significant Tax Incentives
  • • Walking Distance to James Madison University | Almost 23,000 Students

PROPERTY FACTS

Property Type
Office
Property Subtype
Office/Residential
Building Size
47,793 SF
Building Class
B
Year Built
1789
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
6,828 SF
Building FAR
1.83
Lot Size
0.60 AC
Zoning
B1 - This district is the urban and regional center for the conduct of commercial, financial, professional and governmental activities.
Parking
17 Spaces (0.36 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
035-X-9-10
Land Assessment
$367,600
Improvements Assessment
$2,596,400
Total Assessment
$2,964,000
  • Listing ID: 33476610

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 135 W Market St, Harrisonburg, VA 22801

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