50 MIDDLEBROOK AVE Active

Staunton,VA 24401

$ 1350000

- Bed

- Bath

12528 SqFt


Key Details

Property Type Commercial

Sub Type Building

Listing Status Active

Purchase Type For Sale

Square Footage 12,528 sqft

Price per Sqft $107

Subdivision Va

MLS Listing ID 656940

Annual Tax Amount $3,706

Tax Year 2024

Lot Size 0.560 Acres

Acres 0.56

Property Description

Historic three story building in the Wharf district of downtown Staunton. Great investment opportunity. Building fully leased. Annual lease revenue and operating expenses available. Wilderness Adventure leases first and part of second floor. Leased offices on second and third floors. Sprinkler system; large parking lot; off street parking for customers and tenants. Good 1031 exchange property; historic tax credits have not been used. NOTE: A new elevator is being installed in the building; installation completed by May 2025. New rent schedule effective 1/1/25.

Location

State VA

County Staunton

Area Staunton

Zoning B-2 General Business

Exterior

Parking Features Private 1-10 Spaces

Roof Type Metal

Building

Story 3

Sewer Yes Connected

Water Public

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