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Listed price in listed location currency (USD).
$1,950,000

008

MLS® 676102

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 3
Lot Size 
Approx. Age 1905
MLS® Number 676102

Property Address: 124 Newman Ave, HARRISONBURG, VA, 22801

Average square foot calculated using Size range provided by listing agent.

Description

Secure a premium footprint in downtown Harrisonburg at a compelling price-per-square-foot that sits well below current market averages. This professional office center is anchored by three established professional tenants, providing immediate stability. With over $100, 000 in recent capital improvements and over and above service plans—including a partial new roof and two new HVAC units—the asset is in excellent, low-maintenance condition. The real value, however, lies in the significant rental upside; with all current leases at under $12.50/SF gross, this offers a prime opportunity to mark-to-market upon renewal and recapture expenses. Properties with parking in downtown do not come up often.
MLS® Number676102
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1905
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 21, 2026List Date
$1,950,000List Price
  • Commute

Commute

Starting Address
Destination Address
124 Newman Ave, Harrisonburg, VA

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