FULLY LEASED MIXED USE INVESTMENT PROPERTY

Discover the vibrant heart of Harrisonburg, VA. Nestled in the picturesque Shenandoah Valley, the area is known for its dynamic blend of collegiate spirit, historic charm, and thriving business community. The property is ideally situated within close proximity to renowned dining establishments, artisan shops, and cultural attractions like the Virginia Quilt Museum and the Harrisonburg Farmers Market. Nearby, investors can explore opportunities for collaboration with James Madison University and innovative startups. With the backdrop of stunning natural scenery and a bustling downtown, the area offers the perfect combination of business and leisure for prospective office building investors.Fully leased, mixed use investment property in Downtown Harrisonburg. 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 acres on a separate tax parcel. Able to utilize the entire 3,634 square foot baseplate to develop an apartment building and/or mixed use building. By right zoning potential for 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. B1 Zoning: By right uses include apartments, retail, office, and restaurants. No minimum setbacks, lot size or parking requirements. Can build up to 75’ in height (taller via a special use permit). Able to utilize the entire 3,634 square foot baseplate to develop an apartment building and/or mixed use building.