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632-634 Charles St 10,954 SF 100% Leased Retail Building Staunton, VA 24401 $2,000,000 ($182.58/SF) 8.12% Cap Rate
Executive Summary
LSK Plaza represents a rare opportunity to acquire a fully-occupied, stabilized mixed-use portfolio in the heart of Staunton, Virginia. Comprising of two buildings on approximately .98 acres in the Gaymont Homes Historic District, the property offers a compelling blend of commercial retail income and multifamily residential cash flow with zero vacancy across all 24 units.
OWNER AGENT.
OWNER AGENT.
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,954 SF
Building Class
C
Year Built
1979
Price
$2,000,000
Price Per SF
$182.58
Cap Rate
8.12%
NOI
$162,363
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.19
Lot Size
1.35 AC
Zoning
B2 - General Business
Parking
10 Spaces (0.54 Spaces per 1,000 SF Leased)
Frontage
119’ on Charles St
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Built-In Rainbows International Llc
- Professional, Scientific, and Technical Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Taxi Cab Dispatcher
- Transportation and Warehousing
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Built-In Rainbows International Llc | Professional, Scientific, and Technical Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Taxi Cab Dispatcher | Transportation and Warehousing | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5191 | Improvements Assessment | $1,365,500 |
| Land Assessment | $253,500 | Total Assessment | $1,619,000 |
Property Taxes
Parcel Number
5191
Land Assessment
$253,500
Improvements Assessment
$1,365,500
Total Assessment
$1,619,000
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Contact the Sale Advisor
632-634 Charles St