About 219 Arch Ave
Freestanding 3,800 SF retail building on 0.43 acre lot with abundant parking - 17 spaces. Leased on NNN basis to VA ABC on a ten-year lease through 02/28/2030 with two 5 year options to renew. Tenant reimbursements for operating expenses approximately $3.28/SF. 6% Cap Rate! The building was fully renovated in 2019. Well located property in downtown Waynesboro. Shadow anchored by Kroger and surrounded by dense residential development. Just off W. Main St and less than 3 miles from I-64.
Features of 219 Arch Ave
MLS® # | VAWB2000086 |
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Price | $1,053,000 |
Bathrooms | 0.00 |
Square Footage | 3,800 |
Acres | 0.43 |
Year Built | 2019 |
Type | Commercial Sale |
Sub-Type | Retail |
Status | Active |
Community Information
Address | 219 Arch Ave |
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City | WAYNESBORO |
County | WAYNESBORO CITY-VA |
State | VA |
Zip Code | 22980 |
Amenities
Is Waterfront | No |
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Interior
Heating | Heat Pump(s) |
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Cooling | Central A/C |
Has Basement | No |
Fireplace | No |
School Information
District | WAYNESBORO CITY PUBLIC SCHOOLS |
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Additional Information
Date Listed | February 29th, 2024 |
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Days on Market | 76 |
Zoning | C-B |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Listing Agent | Coleman Rector |
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Listing Office | Weber Rector Commerical Real Estate Services, Inc. |
Listing Office Phone | 7033301224 |