421 West Main St & 110 N Wayne Ave, Waynesboro, Virginia

$1,299,000

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17,598

Square feet

0.16

Acres

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
Square Footage 17,598
Acres 0.16
Year Built 1941
Type Commercial Sale
Status Active

Community Information

Address 421 West Main St & 110 N Wayne Ave
City Waynesboro
State Virginia
Zip Code 22980

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