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2712 W Main St
Waynesboro, VA 22980

FORMER KMART & 27 ACRES · Retail Property For Sale

Investment Highlights

  • 95,000sf available for redevelopment in a market with a limited supply of second generation space.
  • Strong residential growth projected from Charlottesville/Albermarle market capitalizing on lower cost of living.
  • 27 acres +/- providing outparcel opportunities on primary corridors and within a growing market.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
96,070 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Loading Docks
12 Exterior
Building FAR
0.08
Lot Size
27.00 AC
Zoning
H-B - Highway Business
Parking
300 Spaces (3.16 Spaces per 1,000 SF Leased)

About 2712 W Main St , Waynesboro, VA 22980

SECOND GENERATION SPACE AVAILABILITY WITH FEE SIMPLE OWNERSHIP Former Kmart on 27 acres along a primary commercial corridor and access from three roads in Waynesboro, Virginia. This 95,000 structure is surrounded by national retail and provides a rare second generation space availability in the market area making it well positioned for redevelopment and re-tenanting. Traffic counts are in excess of 16,000 vehicles per day and the parcel configuration offers excellent outparcel opportunities with frontage on West Main Street, Bookerdale Road, and Lew Dewitt Boulevard. Less than two miles from Interstate 64, the residual acreage has development potential for hospitality or residential uses given the strong employment commuting patterns from Waynesboro to Charlottesville and Albermarle County and subsequent housing demand.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21 1 - 1
Land Assessment
$3,659,200
Improvements Assessment
$5,138,800
Total Assessment
$8,798,000
  • Listing ID: 16302133

  • Date on Market: 6/10/2019

  • Last Updated:

  • Address: 2712 W Main St, Waynesboro, VA 22980

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