430 N Commerce
Investment Property
Marketing description
Fully leased investment opportunity in the heart of Waynesboro's growing commercial corridor. This 2,500 SF commercial building is occupied by the Owls Club under lease through April 2027, providing immediate income for an investor. The tenant has completed significant interior improvements including a commercial kitchen, lounge/event space, and new HVAC systems, creating a turnkey entertainment and gathering venue. Recent capital improvements include a replacement roof, reducing near-term maintenance concerns for ownership.
The property is zoned MX-B and offers flexibility for future retail, restaurant, office, event venue, or mixed commercial uses. An adjacent lot located at 434 N Commerce Ave may also be purchased separately, providing additional parking, expansion potential, or future development opportunities.
Excellent opportunity for an investor seeking stable cash flow with upside potential in a revitalizing area of Waynesboro. Building is currently leased through April 2027.
Investment highlights
Fully leased through April 2027
Tenant invested in substantial interior buildout
New HVAC systems installed
Commercial kitchen and lounge/event space
Recently replaced roof
2,500 SF commercial building
MX-B zoning allows multiple commercial uses
Adjacent lot available for separate purchase
Investor or future owner-user opportunity
Located in downtown Waynesboro redevelopment area
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