219 Arch Avenue

219 ARCH AVE., Waynesboro, VA 22980

Property Information

  • For Sale $1,019,500
  • Property Type Retail
  • Property Size 3,800 SF
  • Lot Size 0.43 Acre
  • Cap Rate % 6.15
  • Date Updated Jan 23, 2025

Description

Freestanding 3,800 SF retail building on 0.43 acre lot with abundant parking - 17 spaces. Leased on NNN basis to VA ABC on a ten-year lease through 02/28/2030 with two 5 year options to renew. Tenant reimbursements for operating expenses approximately $3.28/SF. The building was fully renovated in 2019.

Well located property in downtown Waynesboro.  Shadow anchored by Kroger and surrounded by dense residential development. Just off W. Main St. and less than 3 miles from I-64.

Contacts

Chuck Rector

Weber Rector Commercial Real Estate Services

Location

Contact Listing Broker
Chuck Rector

Weber Rector Commercial Real Estate Services

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