425-427 Lee Jackson HwyStaunton, VA 24401

Property Details for 425-427 Lee Jackson Hwy

Year built

1997

Lot size

0.96 AC

Property size (Sq ft)

10,400 SF

Property type

Other commercial real estate

Description

This exceptional investment opportunity presents a fully leased, two-building professional office complex ideally situated just outside Staunton, Virginia's city limits in Augusta County. Boasting a total of 10,400 square feet of rentable space, this property comprises eight individual units, all currently occupied under lease agreements. The complex is constructed of durable brick and enjoys a highly convenient location, offering easy access to both Interstates 81 and 64, ensuring excellent visibility and accessibility for tenants and clients. The 0.96-acre lot provides ample parking and potential for future expansion or development. The current, stable income stream from the fully leased units makes this an attractive prospect for investors seeking a strong return on investment. This property is particularly well-suited for those seeking a 1031 Tax Exchange opportunity, offering a streamlined transition for investors looking to defer capital gains taxes. The strong tenant occupancy and prime location combine to create a compelling investment opportunity with significant long-term potential. Financial details are available upon request. Serious inquiries only.

Location Insight

City

Staunton

County

Augusta

State

Virginia

Latitude

38.1145

Longitude

-79.0722

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