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Investment Highlights

  • Downtown Waynesboro Retail Building
  • 6,663± SF Gross Area
  • Finished Main Level + Upper-Level Redevelopment Opportunity

Executive Summary

Prime Downtown Waynesboro commercial opportunity at 329 W Main Street. This distinctive two-story brick building offers an attractive combination of move-in-ready retail space, strong Main Street visibility, and significant future redevelopment potential.
The property features approximately 4,343 square feet of finished first-floor commercial space, currently configured for retail/gallery use. The main level presents exceptionally well, with expansive storefront windows, a covered entrance, high ceilings, track lighting, and striking architectural details including an ornate decorative ceiling that gives the space character rarely found in conventional retail properties.
Above the finished commercial space is approximately 2,320 square feet of unfinished upper-level area, bringing the building to approximately 6,663 square feet of gross area. The second floor provides a compelling opportunity for a new owner to create additional usable space and potentially increase the property's long-term income and value. Future uses could include office, studio, residential or other commercial applications, subject to zoning and governmental approvals.
Located in the heart of Downtown Waynesboro, the property benefits from excellent street presence, pedestrian visibility and convenient access to the surrounding dow
ntown business district. The building's traditional brick façade, large display windows and prominent storefront create an immediately recognizable presence along West Main Street.

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,600 SF
Building Class
C
Year Built
1916
Price
$535,000
Price Per SF
$81.06
Tenancy
Single
Building Height
2 Stories
Building FAR
1.52
Lot Size
0.10 AC
Zoning
Commercial - Central Business
Frontage
40’ on Main St.

Amenities

  • Security System
  • Air Conditioning
  • Fiber Optic Internet
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Walmart Neighborhood Market
Truist
Cook Out
Kroger
Food Lion

Property Taxes

Property Taxes

Parcel Number
44 81200- 7
Land Assessment
$152,900 (2025)
Improvements Assessment
$2,500 (2025)
Total Assessment
$155,400 (2025)
Annual Taxes
($6,600) (($1.00)/SF)
Tax Year
2026
  • Listing ID: 41750574

  • Date on Market: 8/14/2026

  • Last Updated:

  • Address: 329 W Main St, Waynesboro, VA 22980

Contact the Sale Advisor

Downtown Waynesboro Commercial Opportunities | 329 W Main St

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