902 Richmond Ave Staunton, VA 24401

This well-maintained 3,425 square foot building presents a compelling investment opportunity in Staunton, Virginia. Situated on a 0.13-acre lot at a prominent stoplight corner of Route 250, this property enjoys exceptional visibility and high traffic volume (21,000 vehicles per day). Its strategic location near major retailers like Walmart and Lowe's, and just one mile from I-81 exit 222, ensures consistent exposure. Currently configured as a retail space on the first floor with ample storage on the second, this versatile property offers significant potential. The second floor features a dedicated bay door and separate entrance, adding to its functionality. Convenient off-street parking is supplemented by readily available side street overflow. Recent upgrades include a new roof (2023) and HVAC system (2020), minimizing immediate maintenance concerns. The I1 (Light Industrial) zoning allows for a diverse range of uses, expanding the potential for future development or adaptation. The existing lease provides a stable income stream through March 2025, making this an attractive option for a 1031 exchange. Its proximity to major cities like Harrisonburg, Charlottesville, and Roanoke further enhances its appeal and accessibility. This property offers a unique blend of immediate income potential and long-term growth opportunities in a thriving market.