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50 Middlebrook Ave

11,736 SF 100% Leased Retail Building Staunton, VA 24401 $1,350,000 ($115/SF) 6.30% Cap Rate

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Executive Summary

Historic three story building in the Wharf district of downtown Staunton, VA. Great investment property. Building is fully leased. Annual lease revenue and operating expenses available. Wilderness Adventure leases first and part of second floor. Leased offices on second and third floors. Sprinkler system, large parking lot; off street parking for customers and tenants. Good 1031 Exchange property; historic tax credits have not been used.