

Listed by Old Dominion Realty
$525,000
705 Richmond Ave
Details
APN 3996
Property Type Retail, Office
Sub Type Medical Office, Day Care/Nursery
Square Footage 4,100
Occupancy 100%
Tenancy Single
Lease Type Gross
Stories 2
Acreage 0.400
Zoning B-2 Genera, General Business
Parking Spaces 6 per key
Exceptional Opportunity: Flexible Commercial/Residential Asset Near Walmart, Lowes,Downtown Staunton
Marketing description
Exceptional Opportunity: Flexible Commercial/Residential Asset Near Downtown Staunton SITUATED in a high-visibility location, this stately brick residence / building offers 3,658 sq ft of finished space in the primary building, plus an additional 468 sq ft of flexible finished space above a detached garage—bringing the total to over 4,100 sq ft of functional area. The site features generous asphalt driveway and parking (5-6 cars) with a separate entrance and exit. There is plenty of room to expand the parking area. Though currently used as a rental-residence, the property is zoned General Business and is grandfathered-in for residential use—making it uniquely suited for either continued residential living or conversion to a higher-yield commercial venture. Ideal uses range from a boutique Bed & Breakfast, professional offices or divided office suites. Its proximity to major retail anchors such as Walmart, Lowe’s, multiple car dealerships and a wide array of restaurants, and High Traffice Count. A short drive to downtown Staunton, Virginia in the scenic Shenandoah Valley— Flexible zoning, strong surrounding infrastructure and turn-key buildings. Schedule your tour today!
Investment highlights
- Legal Desc: (Lot 3 BLK B)-Parcel B-0.396
- Construction: Brick, Frame
- Structure: Basement, Grade Level Door, Paved Outside Area, Paved Street
- Use Options: Automotive, Flex, Investor-User, Lodging, Medical, Office, Retail, Warehouse
- Building Status: Existing Structure
- Price Includes: Real Estate
- Heating: Electric, Gas
- Floor Construction: Wood
- Roof: Composition Shingle
- Sewer: Yes Connected
- Water: Connected, Public
- Location: Office Building, Residential
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Listed by Old Dominion Realty
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