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34549006
34549002

2303 North Augusta Street, Staunton, VA 24401 For Sale

DM
VA VA 0225169243
Cottonwood Commercial
Listed by Cottonwood Commercial
$1,049,000
4 days on market
Updated 3 days ago

NORTH AUGUSTA PLAZA FOR SALE IN STAUNTON

Details
Property Type Retail, Office
Sub Type Executive Office, Traditional Office (+1)
Square Footage 13,800
Units 5
Cap Rate 8.13%
NOI $85,000
Occupancy 100%
Tenancy Multi
Lease Type Gross
Class B
Year Built 1956
Acreage 1.450
Zoning GB
Parking Spaces 11 spaces
Parking per 1,000 SqFt 0.80
Ground Lease No
Sale Condition N/A

About This Property for Sale

Marketing description

Attractive strip center with ample parking and frontage on high traffic street. Some spaces available for lease starting January, 2027.

Investment highlights

  • 5 leasable suites plus mezzanine storage
  • Priced below current city tax assessment
  • Projected lease roll analysis available

Listing Contacts

DM
VA VA 0225169243
Cottonwood Commercial
Listed by Cottonwood Commercial

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$85,000.00
$7,083.33/mo

Valuation Metrics

0
DSCR
8.1%
Cap Rate
8.1%
ROI

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Additional Information

Name
Donn Meyerhoeffer
License
VA 0225169243
Brokerage
Cottonwood Commercial
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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