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INVESTMENT OPPORTUNITY | MIXED USE BUILDING 2501 N Augusta St 9,130 SF 100% Leased Retail Building Staunton, VA 24401 $825,000 ($90.36/SF)



INVESTMENT HIGHLIGHTS
- Over 9,100 SF
- Well Maintained With Large Repairs Done Over Last 10 Years
- 3 Commercial Storefronts / 1 Garage-Storage Area / 5 Fully Leased Apartments
EXECUTIVE SUMMARY
Remarkable opportunity to own large mixed use building on N Augusta St. Over 9100SF spread out on two ground level floors, this building contains 3 commercial storefronts, 1 large garage/storage area, and 5 fully leased apartments. This building can be a great investment, or opportunity to operate your business while the rentals offset your mortgage. This building has been well maintained with large capital repairs in the last 10 years, of HVAC, exterior paint, rubber roof, generator, remodel of apartments and more. Parking is abundant, large paved parking in the rear and front, complete with an alley allowing for side parking. Currently 2359SF of storefront is vacant and ready for occupancy of your business!
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Building Size
9,130 SF
Building Class
C
Year Built
1994
Price
$825,000
Price Per SF
$90.36
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.58
Lot Size
0.36 AC
Zoning
B1
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5938 | Improvements Assessment | $478,800 |
| Land Assessment | $49,900 | Total Assessment | $528,700 |
PROPERTY TAXES
Parcel Number
5938
Land Assessment
$49,900
Improvements Assessment
$478,800
Total Assessment
$528,700
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INVESTMENT OPPORTUNITY | MIXED USE BUILDING | 2501 N Augusta St
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