702 Market StHarrisonburg, VA 22801

  • Retail properties
  • 1,134 SF
For Sale
$1,895,000 View listing

Property Details for 702 Market St

Lot size
0.36 AC
Property size (Sq ft)
1,134 SF
Zone code
GENERAL BUSINESS
Property type
Retail properties
Property subtype
Drive through restaurants
APN
032 G 1-B
APU
032G1B

Description

This exceptional 5.44-acre commercial land parcel in Harrisonburg, Virginia, presents a unique investment opportunity. Located at 702 E Market Street, this property boasts significant frontage on a major thoroughfare with a daily traffic count exceeding 16,000 vehicles. The B2 zoning allows for a wide range of commercial uses, making it ideal for various business ventures. The site includes a former restaurant building situated on a hill at the corner of the property, offering potential for redevelopment or repurposing. The remaining acreage provides ample space for new construction, with public utilities readily accessible along East Market Street. The property's proximity to downtown Harrisonburg and Interstate 81 ensures excellent visibility and accessibility for both local and interstate traffic. Surrounded by residential areas and other businesses, this location offers a strong potential customer base. While the current zoning is B2, there is potential for rezoning through the City of Harrisonburg, further enhancing development possibilities. This property is situated in the 22801 zip code. This is a rare opportunity to acquire a substantial commercial lot in a thriving Virginia city.

702 Market St, Harrisonburg, Virginia

Location Insight

City
Harrisonburg
County
Harrisonburg City
State
Virginia
Latitude
38.4493
Longitude
-78.8552
CBSA code
25500
CBSA name
HARRISONBURG, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$2,524
$141,100
$139,300
$280,400
-
$141,100
$139,300
$280,400

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