219 Arch Ave, WAYNESBORO, VA

$1,053,000

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3,800

Square feet

0.43

Acres

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
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
City WAYNESBORO
County WAYNESBORO CITY-VA
State VA
Zip Code 22980

Amenities

Is Waterfront No

Interior

Heating Heat Pump(s)
Cooling Central A/C
Has Basement No
Fireplace No

School Information

District WAYNESBORO CITY PUBLIC SCHOOLS

Additional Information

Date Listed February 29th, 2024
Days on Market 76
Zoning C-B
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

Listing Agent Coleman Rector
Listing Office Weber Rector Commerical Real Estate Services, Inc.
Listing Office Phone 7033301224

Listing Map

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