90 NORTH MAIN ST, Harrisonburg, VA 22802
90 NORTH MAIN ST, Harrisonburg, VA 22802
90 NORTH MAIN ST, Harrisonburg, VA 22802
90 NORTH MAIN ST, Harrisonburg, VA 22802
90 NORTH MAIN ST, Harrisonburg, VA 22802
90 NORTH MAIN ST, Harrisonburg, VA 22802
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Julie Katykhin

Julie Katykhin

+1(916) 712-5529
$ 3,200,000
Est. payment | /mo

16,166 SqFt

Save
$ 3,200,000
Est. payment | /mo
Save

16,166 SqFt

Key Details

Property Type Commercial

Sub Type Building

Listing Status Pending

Purchase Type For Sale

Square Footage 16,166 sqft

Price per Sqft $197

MLS Listing ID 667527

Construction Status Resale

HOA Y/N No

Year Built 1975

Annual Tax Amount $25,719

Tax Year 2024

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Building

Property Description

Fully leased, mixed use investment property in Downtown Harrisonburg with additional development potential at a 6.5% CAP rate based on current NOI. Professional office, Boutique retail and Health/Wellness currently serve as a great tenant mix. The addition of a high quality common area lobby helps provide a 1st class feel. The new, long term, NNN leases, provide investment security. In addition take advantage of the Federal Qualified Opportunity Zone and Harrisonburg's Economic Revitalization Tax Credit by developing the vacant, attached lot. Vacant Lot: 0.08 acre, B1 zoning: No minimum setbacks, parking requirements or lot size requirements. Up to 75 feet in height (taller via a special use permit). Potential for a by right development of a 7 story, 28 unit apartment building subject to site plan approval. Water meter in place, just needs a size upgrade. Electric, Gas and Sewer on the premises.

Location

State VA

County Harrisonburg

Zoning B-1 Central Business

Direction Use GPS

Interior

Heating Gas

Cooling Central Air

Fireplace No

Exterior

Fence None

Utilities Available Natural Gas Available

Water Access Desc Connected,Public

Roof Type Metal,Other

Building

Sewer Connected

Water Connected, Public

Level or Stories Two

Construction Status Resale

Others

Tax ID 034 T 12, 13, 13A

CAAR - GAAR - HRAR
Listed by Cottonwood Commercial LLC

Nearby Locations

Julie Katykhin

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(916) 712-5529

julie@juliekandco.com

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90 NORTH MAIN ST