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Roses Shopping Center 580 Mason 85,779 SF 100% Leased Retail Building Harrisonburg, VA 22802 $4,995,000 ($58.23/SF)
Executive Summary
The Roses anchored shopping center in Downtown Harrisonburg is being offered for sale. This property is 100% leased with 6 suites totaling over 85,000 square feet. The property lies on a huge 8.079-acre lot. There is a large open parking lot with plenty of space for all businesses. There are endless opportunities with a property with this much square footage and acreage in such a great location near the expanding Downtown Harrisonburg. Located in a VA Opportunity Zone with tax breaks and other benefits.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
85,779 SF
Building Class
C
Year Built
1950
Price
$4,995,000
Price Per SF
$58.23
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
8.07 AC
Opportunity Zone
Yes
Zoning
CENTRAL BU
Parking
383 Spaces (4.46 Spaces per 1,000 SF Leased)
Frontage
332’ on Lee Highway
Amenities
- Air Conditioning
Walk Score®
Very Walkable (80)
Nearby Major Retailers
Property Taxes
| Parcel Number | 034-F-1-3 | Improvements Assessment | $2,124,800 |
| Land Assessment | $2,409,000 | Total Assessment | $4,533,800 |
Property Taxes
Parcel Number
034-F-1-3
Land Assessment
$2,409,000
Improvements Assessment
$2,124,800
Total Assessment
$4,533,800
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Roses Shopping Center | 580 Mason
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