90 NORTH MAIN STREET, Harrisonburg, VA 22802
90 NORTH MAIN STREET, Harrisonburg, VA 22802
90 NORTH MAIN STREET, Harrisonburg, VA 22802
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Fran Valerio

Fran Valerio

+1(717) 602-0551
Listed by Keith May • Cottonwood Commercial, LLC.
$3,200,000
Est. payment /mo
0.26 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID VAHC2000468

Year Built 1975

Annual Tax Amount $27,165

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Fully leased, mixed use investment property in Downtown Harrisonburg with additional development potential at a 6.3% CAP rate based on current NOI. Professional office, Boutique retail and Health/Wellness currently serve as a great tenant mix. The addition of a high quality common area lobby helps provide a 1st class feel. The new, long term, NNN leases, provide investment security. In addition take advantage of the Federal Qualified Opportunity Zone and Harrisonburg's Economic Revitalization Tax Credit by developing the vacant, attached lot. Vacant Lot: .08 acre, B1 zoning: No minimum setbacks, parking requirements or lot size requirements. Up to 75 feet in height (taller via a special use permit). Potential for a by right development of a 7 story, 28 unit apartment building subject to site plan approval. Water meter in place, just needs a size upgrade. Electric, Gas and Sewer on the premises.

Location

State VA

County Harrisonburg City

Zoning B1

Interior

Hot Water Electric, Natural Gas

Heating Central

Cooling Central A/C, Roof Mounted

Flooring Hardwood, Luxury Vinyl Plank

Heat Source Natural Gas

Exterior

Garage Spaces 50.0

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available, Under Ground

Water Access N

View City, Street

Roof Type Metal,Rubber

Street Surface Access - On Grade,Black Top,Paved

Accessibility 2+ Access Exits, Elevator

Road Frontage City/County, Public

Total Parking Spaces 50

Garage N

Building

Lot Description Additional Lot(s), Corner, Road Frontage, Zero Lot Line

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Call School Board

Middle Schools Call School Board

High Schools Harrisonburg

School District Harrisonburg City Public Schools

Others

Tax ID 34-T-12

Ownership Fee Simple

Security Features Fire Detection System

Special Listing Condition Standard

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Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Fran Valerio
Fran Valerio

Listing Specialist, Team Leader | RS RS311467

+1(717) 602-0551 | fvalerio@soldincentralpa.com

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