For Sale
$4,995,000

580 Mason St Harrisonburg, VA 22802

Downtown Harrisonburg, VA - 100% Leased

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents the Roses Shopping Center, a thriving retail property located in the heart of Harrisonburg, Virginia. Boasting a remarkable 100% occupancy rate, this single-story, 85,779 square foot shopping center is situated on a substantial 6.91-acre lot, providing ample parking for tenants and customers. The property features five tenants operating within six suites, generating a strong and consistent income stream. The asking price is $4,995,000, translating to a price per square foot of $58.23. The property's zoning is designated B-1, allowing for a variety of commercial uses. Its prime location near the expanding downtown area of Harrisonburg offers significant potential for future growth and appreciation. The large lot size and substantial square footage present numerous possibilities for expansion or redevelopment. This is a rare opportunity to acquire a fully leased, high-performing retail center in a vibrant and growing market. The property's strong tenant mix and excellent location make it an ideal investment for both seasoned and emerging real estate investors seeking a stable and profitable asset. The expansive parking lot ensures convenient access for all businesses and customers. This is a turn-key operation with immediate cash flow potential. Don't miss this chance to own a piece of Harrisonburg's thriving retail landscape. The address is 580 N Mason St, Harrisonburg, VA 22802.

Highlights

  • $4,995,000 asking price.
  • 85,779 square foot retail shopping center.
  • 100% occupancy with five tenants.
  • Located on a 6.91-acre lot in Harrisonburg, VA.
  • B-1 zoning.

Property Details for 580 Mason St

Property type
Lifestyle centers, Power centers
Square Feet
85,779 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
301,000 SF

Location Insight

City
Harrisonburg
County
Harrisonburg City
State
Virginia
Latitude
38.4544015
Longitude
-78.8645068

FAQs

What type of property is this?
Lifestyle center - Downtown Harrisonburg, VA - 100% Leased
Where is the lifestyle center located?
The property is located at 580 Mason St Harrisonburg, VA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: $4,995,000 asking price.; 85,779 square foot retail shopping center.; 100% occupancy with five tenants.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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580 Mason St
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