About 902 Richmond Ave
8.6% CAP Investment Opportunity with a NEW 3-year NNN lease in place. Well-maintained building on a high-traffic stoplight corner of Rt. 250 by Walmart, Lowes, and other major retailers, only 1 mile from I-81 exit 222, 21,000 VPD. 1745 SF first floor storefront plus 1680 SF second floor with a dedicated bay door and entrance. Off-street parking lot with side street overflow. New roof 2023, HVAC (1st floor) 2020. I1 Zoning (Light Industrial) allows for a variety of future uses. Close proximity to Harrisonburg, Charlottesville, Roanoke. Note that Benjamin Moore was the former tenant who has moved out – the new tenant is a tobacco and convenience store with a lease beginning 10/1/25.
Features of 902 Richmond Ave
| MLS® # | 669379 |
|---|---|
| Price | $595,000.00 |
| Bathrooms | 0.00 |
| Square Footage | 3,425.00 |
| Acres | 0.13 |
| Type | Commercial Sale |
| Sub-Type | Building |
| Status | Active |
| Zoning | I-1 Industrial Light |
Community Information
| Address | 902 Richmond Ave |
|---|---|
| City | Staunton |
| County | Staunton |
| State | VA |
| Zip Code | 24401 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
Listing Details
| Office | COTTONWOOD COMMERCIAL LLC |
|---|