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408 N Commerce Ave 4,020 SF Office Building Waynesboro, VA 22980 $210,000 ($52.24/SF)
INVESTMENT HIGHLIGHTS
- Flex space
- 5 year lease in place
EXECUTIVE SUMMARY
Versatile 4,020 sq ft building on 6 MX-B zoned lots, offering a rare opportunity for mixed-use development or continued commercial operation.Previously operated as a restaurant/lounge, the property includes a commercial kitchen with existing hood and equipment, which conveys as-is. Current layout includes an apartment and a private bar/lounge area that was the former restaurant. MX-B zoning allows for a wide range of uses including retail, restaurant, office, andresidential. Excellent site for investors, owner-users, or redevelopment in a high-potential area. Sold As is Where is.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
4,020 SF
Building Class
C
Year Built
1900
Price
$210,000
Price Per SF
$52.24
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,020 SF
Opportunity Zone
Yes
Zoning
MXB - Wide range of uses including retail, office and residential.
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408 N Commerce Ave
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