1215 Greenville Ave, Staunton, VA 24401

List Price
$450,000
Car Garage
1
Square Feet
3,500

The property (former Staunton Mall at 90 Lee Jackson Highway) was purchased and rezoned in 2021 with plans to transform it into a mixed-use development combining residential and commercial/business spaces, not just a traditional mall.
The vision generally includes apartments or multifamily housing, along with retail, flexible commercial space, and possibly other community-serving uses. Potential for more demand for commercial property within proximity of this project.
3,500 SQ. Feet, currently divided into 3 individual rental spaces
Income producing commercial property

The property (former Staunton Mall at 90 Lee Jackson Highway) was purchased and rezoned in 2021 with plans to transform it into a mixed-use development combining residential and commercial/business spaces, not just a traditional mall.
The vision generally includes apartments or multifamily housing, along with retail, flexible commercial space, and possibly other community-serving uses. Potential for more demand for commercial property within proximity of this project.
3,500 SQ. Feet, currently divided into 3 individual rental spaces
Income producing commercial property

Excellent visibility and access, the average annual daily traffic (AADT) study done by VDOT in 2020 indicates 16K vehicles/day
Ideal investment property or business location
Rents are currently month to month basis
Current Net Operating Income indicates a 9% Cap Rate

Printable Flyer Schools Local Info

1215 Greenville Ave⋅Staunton, VA

Katie McClure Griffin

Katie McClure Griffin