$2,600,000
$3,500,000
25.7%For more information regarding the value of a property, please contact us for a free consultation.
47,860 SqFt
SOLD DATE : 05/31/2023
Key Details
Sold Price $2,600,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 47,860 sqft
Price per Sqft $54
MLS Listing ID VAHC2000122
Sold Date 05/31/23
Originating Board BRIGHT
Year Built 1854
Annual Tax Amount $34,366
Tax Year 2021
Lot Size 0.603 Acres
Acres 0.6
Property Description
Historic Rosetta Stone building in highly desirable Downtown Harrisonburg historic district. Priced to sell significantly below city assessment. This downtown marvel boasts 5 stories spanning over 47,860 square feet. Located directly across from future Harrisonburg Innovation Hub and within walking distance to Court Square with heavy foot traffic and surrounded by many established businesses and retailers. Property is located in the Opportunity Zone with would make property ideal for multifamily conversion. 27 on-site parking spots with public parking garage located nearby on West Water St. Owners are willing to lease at $8 per foot Triple Net for the right tenant.
Location
State VA
County Harrisonburg City
Zoning B1
Interior
Hot Water Electric, Other
Heating Heat Pump(s), Other
Cooling Heat Pump(s), Roof Mounted, Other
Heat Source Electric
Exterior
Garage Spaces 27.0
Waterfront N
Water Access N
Accessibility Elevator, Other
Parking Type Parking Lot, Public Garage
Total Parking Spaces 27
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Keister
Middle Schools Thomas Harrison
High Schools Harrisonburg
School District Harrisonburg City Public Schools
Others
Tax ID 35-X-9-10
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Keith A May • Cottonwood Commercial, LLC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "