Commercial

50 Middlebrook Ave

Staunton, VA 24401

$1,350,000

  • Beds
  • Baths
  • 12528 sqft/ 0.56 acres
Historic three story building in the Wharf district of downtown Staunton. Great investment opportunity. Building 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. NOTE: A new elevator is being installed in the building; installation completed by May 2025. New rent schedule effective 1/1/25.

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Key Details

  • MLS ID 656940
  • Type Commercial
  • Area 12528 sqft
  • Acres 0.56
  • Stories 3

Additional Information

  • Roof Metal
  • Cooling Central Air
  • Construction Frame

Schools

Listed By: MCCLURE REALTY COMPANY

$1,350,000

  • Beds
  • Baths
  • 12528 sqft/ 0.56 acres

Want to know more about this listing?

Contact