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2408 Cedar St

1,872 SF 100% Leased Office Building Staunton, VA 24401 $299,000 ($160/SF)

Investment Highlights

  • Opportunity zone
  • Traffic count, 6,001 to 15,000 per day.

Executive Summary

This spacious property boasts both convenience and visibility. Building size offers great potential for growing your existing business or versatility to turn it into your own unique business. The nearby neighborhood provides for foot traffic and local engagement. New roof 2023 and hot water heater 2021.Conveniently located near the 262 bypass. Located in a opportunity zone, contact your CPA to see how this can be beneficial. Traffic count, 6,001 to 15,000 per day.

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
1,872 SF
Building Class
C
Year Built/Renovated
1950/2018
Price
$299,000
Price Per SF
$160
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,872 SF
Building FAR
0.12
Lot Size
0.36 AC
Opportunity Zone
Yes
Zoning
B-1
Parking
10 Spaces (5.34 Spaces per 1,000 SF Leased)

Amenities

  • Shower Facilities
  • Wi-Fi
  • Hardwood Floors
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4923
Land Assessment
$50,880
Improvements Assessment
$123,200
Total Assessment
$174,080
  • Listing ID: 31807169

  • Date on Market: 5/15/2024

  • Last Updated:

  • Address: 2408 Cedar St, Staunton, VA 24401

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