17 Hannah CirWaynesboro, VA 22980

Property Details for 17 Hannah Cir

Year built

1998

Lot size

1.69 AC

Property size (Sq ft)

24,000 SF

Property type

Other commercial real estate

Description

This exceptional commercial property, situated at 17 Hannah Cir in Waynesboro, VA, presents a unique investment opportunity. Boasting a highly visible location on Route 250, between Waynesboro and Fishersville, this property enjoys convenient access to major transportation arteries, I-64 and I-81, ensuring high traffic counts. The expansive 24,000 square foot building is situated on a combined 1.69 acres and offers a versatile layout ideal for a variety of uses. The lower level comprises 12,000 square feet of open warehouse space, equipped with three loading docks for efficient logistics. Upstairs, another 12,000 square feet is dedicated to conditioned retail, showroom, and office space, providing ample flexibility for diverse business needs. Currently 100% leased, this property offers immediate cash flow and presents an attractive option for a 1031 exchange. The total tax assessment stands at $2,605,200, reflecting the property's significant value. Furthermore, the potential for additional development on an adjoining lot adds to the long-term investment prospects. This property's strategic location, substantial size, and current occupancy make it an exceptional investment opportunity in a thriving market.

Location Insight

City

Waynesboro

County

Augusta

State

Virginia

Latitude

38.0851

Longitude

-78.934

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