About 421 West Main St & 110 N Wayne Ave
Located in the thriving downtown district, this property will benefit from ongoing economic growth and increasing demand for commercial space. A unique opportunity to invest in a well-positioned asset with immediate and future income potential. Sale includes two tax parcels - 421 N Main Street & 110 N Wayne Avenue. 421 W Main St, known today as the Edmunds Building, has a rich history dating back to 1941. Originally constructed as a Roses department store, it has served as a cornerstone of downtown Waynesboro's commercial district for over 80 years. It is currently fully occupied with 2 long term retail tenants and 20 office suites. 110 N Wayne Ave is attached to the historic Edmunds building and is currently advertised for lease at $3,500 per month, which would significantly boost income potential.
Features of 421 West Main St & 110 N Wayne Ave
| MLS® # | 662574 |
|---|---|
| Price | $1,299,000.00 |
| Bathrooms | 0.00 |
| Square Footage | 17,598.00 |
| Acres | 0.16 |
| Year Built | 1941 |
| Type | Commercial Sale |
| Sub-Type | Building |
| Status | Active |
| Zoning | CB Central Business |
Community Information
| Address | 421 West Main St & 110 N Wayne Ave |
|---|---|
| City | Waynesboro |
| County | Waynesboro |
| State | VA |
| Zip Code | 22980 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
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Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
Listing Details
| Office | COTTONWOOD COMMERCIAL LLC |
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